Report says AML/CTF and other supervisory shortfalls limit remittance providers' access to banking services; makes 19 recommendations to address barriers.
March 19, 2018Report discusses strengthening due diligence tools to support correspondent banking relationships and improved monitoring.
March 19, 2018Japan to urge G20 leaders to close money laundering loopholes that exist due to weak regulation in some jurisdictions, without stifling innovation.
March 14, 2018Central bank-issued digital currencies can enhance payments, settlement, efficiency; but financial stability implications warrant consideration.
March 14, 2018Completion of reform implementation and greater transparency needed for OTC derivatives market; resolution framework can be improved.
March 3, 2018The trading obligations would apply to banks with gross notional outstanding OTC derivatives exceeding SGD20 billion.
February 22, 2018Consultations relate to implementation of multilateral which will modify existing bilateral tax treaties, closing loopholes used by multinationals to avoid taxation.
February 10, 2018It is clearer than ever that Chinese regulators take AML as a major priority, but domestic banks can lack the expertise to meet ever-increasing requirements.
January 24, 2018Although China has set up supervisory mechanisms, it has not yet established an information sharing mechanism to help establish global systemic risk.
November 9, 2017Markets should expect the G20 reform commitments to continue to inform regulatory changes, and more equivalence decisions.
April 12, 2017