All posts tagged "Settlement"
-
455Crypto / Digital AssetsUK Proposes Framework for Dealing with Stablecoin Failures
HM Treasury proposes to give the BOE powers to appoint administrators to oversee insolvency arrangements with failed stablecoin issuers.
June 2, 2022 -
558Crypto / Digital AssetsBOJ Releases Phase One Findings from CBDC Testing
Phase one of CBDC experimentation was conducted from April 2021 to March 2022. The BOJ tested three CBDC ledger design alternatives.
June 1, 2022 -
558Crypto / Digital AssetsMAS to Study Use Cases of Asset Tokenisation, DeFi Protocols
The first pilot, led by DBS, JP Morgan and Marketnode, will explore potential DeFi applications in wholesale funding markets and help inform regulatory policy.
June 1, 2022 -
689ChinaChina Opens Exchange Bond Markets to Foreign Investors
Foreign institutional investors in the interbank bond market are allowed to also invest in the Shanghai and Shenzhen exchange bond markets.
May 31, 2022 -
356IndiaRBI Directs All Banks to Enable Cardless ATM Withdrawals
The RBI's directions are expected to curb frauds like card skimming and cloning. The UPI will be used for customer authorisation.
May 26, 2022 -
321Market InfrastructureBSP Issues Draft Operating Rules for RTGS Payment System
The RTGS system shall be operated, managed and maintained by the BSP given its recent designation as a systemically important payment system.
May 26, 2022 -
473ChinaCSRC to Fully Implement DvP Settlement in Securities
The rules taking effect on 20 June will enable DvP settlement for institutional investors and reduce the reserves settlement participants have to hold.
May 24, 2022 -
405AML / KYCBangladesh Bank Opens RTGS to NBFI Participation
Bangladesh Bank has also recently removed pre-set limits on online money transfers between customers' bank accounts.
May 11, 2022 -
446TaiwanTaiwan FSC Revised Eligibility Criteria for Bank Branch Openings
Based on an average pre-tax return requirement, a total of 12 banks and 20 credit cooperatives are eligible to apply to open a new branch office in 2022.
April 30, 2022 -
539Fintech / RegtechPhilippine Central Bank to Pilot Test Wholesale CBDC
Project CBDCPh will test the use of a wholesale CBDC for large-value financial transactions across a limited number of financial institutions.
April 28, 2022
