The RBNZ intends to progress with proposals made in its November 2021 consultation, with some amendments following stakeholder feedback.
January 26, 2023New paper from the BIS, IMF and World Bank assesses the benefits and challenges associated with using multilateral platforms for cross-border payments.
January 20, 2023Korea plans to lower its maximum corporate tax rate from 25% to 22% to promote investment and enhance the country's competitiveness.
December 20, 2022The CBSL is working to address a local currency liquidity deficit in the banking system. Banks can continue to hold 90% NSFR until year-end.
November 29, 2022The IMF says demand attributes and benefits offered by instant payments may make CBDC less compelling if issued.
November 24, 2022The initiative, co-led by MAS and DNB, will result in a “Blended Finance Handbook" and "demonstrative projects".
November 10, 2022Despite guidance issued by the FATF over the years, effective implementation of beneficial ownership requirements is still a challenge for many countries, says the IMF's Bo Li.
October 19, 2022Up to 29 percent of emerging market banks would breach their capital requirements in a severe global recession.
October 13, 2022Policymakers should provide guidance on how open-ended funds should calibrate swing pricing and similar tools, and monitor their implementation.
October 8, 2022In markets where risks are growing quickly, authorities should take immediate action, including by introducing targeted measures to "slow down stablecoin adoption".
October 1, 2022