Deputy Governor Chuchi Fonacier spoke to Regulation Asia about planned measures to promote digital payments, help MSMEs, and further strengthen the banking sector.
December 7, 2020Indonesia will need to pay particular attention to the governance of the new fund, as Malaysia's 1MDB scandal still looms large in the minds of global investors.
November 29, 2020The KYC facility will improve CDD processes and AML/CFT compliance, and support the provision of correspondent banking services to Pacific Island nations.
November 22, 2020The BSP should be granted "unimpaired access" to information on all customer accounts and the ability to employ and share depositor information for any prudential purpose.
November 18, 2020The G20 finance ministers and central bank governors have agreed to extend debt relief for low-income countries for six months, and welcomed efforts by the FSB and FATF.
October 15, 2020The fourth progress report on phase two implementation of DGI-2 says progress made to date has proven its value during the crisis triggered by the Covid-19 pandemic.
October 8, 2020As nations across the globe come to terms with understanding and tackling climate change, mandatory reporting of such risks across capital markets could well become the norm.
September 23, 2020A new NGFS workstream being created will identify missing data items needed for effective climate-related and environmental risk analysis.
September 7, 2020The voluntary code allows central banks to measure transparency, which the IMF says is necessary to facilitate accountability and enhance public trust and support.
August 4, 2020The RBNZ will direct the additional funding towards its supervisory and enforcement capability, technology infrastructure and security architecture.
June 28, 2020