All posts tagged "World Bank"
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290AML / KYCRBA Underlines High Cost of Cross-Border Transfers via Big Banks
The average mark-up over the wholesale exchange rate is around 5.5% for the major banks, versus about 1% for the digital money transfer services, said RBA governor Philip Lowe.
December 11, 2019 -
356Securities & TradingSGX Becomes First Asian Exchange to List Catastrophe Bonds
The 'World Bank Philippines Catastrophe Bonds' will finance up to $225mn of financial protection against earthquakes and tropical cyclones for the Philippines over the next three years.
November 27, 2019 -
713Contributed ArticleWhy the HKMA is Taking ESG Investing Seriously
The head of risk for the de-facto central bank's investment portfolio explains why it is implementing ESG principles into its investing practices.
November 26, 2019 -
492Asia-PacificVietnam Banks to Include ESG Factors in Credit Risk Analysis
The State Bank of Vietnam has directed all Vietnamese banks to include ESG risk assessments in credit risk analysis and establish dedicated ESG analysis units by 2025.
November 26, 2019 -
705Fintech / RegtechMAS, Deloitte, S&P Launch Fintech Investment Research Platform
The new platform, launched by MAS, Deloitte and S&P Global Market Intelligence, will help financial institutions and investors to more effectively discover investment opportunities in the fintech space.
November 12, 2019 -
553Fintech / RegtechFTAHK, AFIN Agree to Collaborate to Support API Exchange
AFIN and FTAHK will collaborate on initiatives to support the development of financial innovations on APIX, an online marketplace and sandbox for cross-border fintech services.
November 7, 2019 -
446AML / KYCPhilippines to Start Issuing New National IDs in April
The new IDs will make it easier for the unbanked to open accounts and avail of financial financial services, said BSP governor Benjamin Diokno.
October 24, 2019 -
538Asia-PacificChina, Indonesia Lead Emerging Markets in Sustainable Banking
China and Indonesia have demonstrated pioneering policy actions and regulatory initiatives, resulting in changing practices at financial institutions, the Sustainable Banking Network says.
October 14, 2019 -
515MalaysiaBNM to Require FIs to Report Climate-related Exposures
Malaysia's central bank will use the reported data to set new regulatory standards that better reflect the risks from climate-related exposures.
October 2, 2019 -
371MalaysiaBNM Raises Culture Bar for Development Financial Institutions
DFIs should firmly ground their business models on strong governance and a culture of professional management, said BNM governor Nor Shamsiah Yunus.
August 26, 2019
