All posts tagged "Regulation"

RBNZ Reviews Policy for Branches of Overseas Banks

The RBNZ says there are inherent limitations on its ability to apply its regulatory standards to all branches and to supervise them effectively.

FSB Takes Stock of Progress to Regulate ‘Global Stablecoins’

The FSB highlights concerns that new regulatory regimes for global stablecoins could give rise to regulatory arbitrage and harmful market fragmentation.

PFMI Applies to Global Stablecoins, CPMI & IOSCO Confirm

The transfer function of a stablecoin arrangement is "comparable" to the transfer function performed by other types of financial market infrastructures.

China Targets Corruption with New Supervision Law

Supervisors are asked to crack down on the use of offshore companies and underground banks to transfer illegal income and property involved in duty-related crimes.

SEC Philippines Launches New Fintech Innovation Office

The PhiliFintech Innovation Office will serve as the first point of contact for existing fintech companies and help the SEC regulate fintech activities.

Canada Establishes Regulatory Regime for Financial Benchmarks

Once the regime is implemented, CDOR will become a designated benchmark with Refinitiv Benchmarks Services formally designated as its administrator.

China Proposes Tighter Rules for Credit Rating Agencies

The proposed rules seek to strengthen supervision of credit rating agencies, improve their independence and quality controls, and ensure more realistic ratings.

SEBI Requires Intermediaries to Seek Approval for Change in Control

Fintech-related Regulatory Initiatives Accelerated by Covid-19

Most regulators either accelerated or introduced new innovation initiatives in response to Covid-19. No such initiatives were cancelled, says a report from the World Bank and CCAF.

UK Consults on Post-Brexit Regulatory Framework for Financial Services

The consultation proposes a blueprint for the future regulatory framework that more clearly allocates responsibilities between Parliament, HM Treasury and financial services regulators.