EU simplification drive targets financial red tape
France and Germany have called on Brussels to fast-track a wide-ranging simplification of the EU’s financial services framework, warning that overlapping rules and heavy...
ESMA-RBI deal reopens route to EU clearing in India
ESMA has signed a Memorandum of Understanding with the Reserve Bank of India (RBI) to strengthen supervisory cooperation around CCPs in India and support...
ECB steps up climate stress testing and bank supervision
The ECB says it has concluded its climate and nature plan for 2024-2025, marking a further step in embedding climate- and nature-related risks into...
ION extends its cleared derivatives product suite
ION, which develops a plethora of financial software to transform workflows, has expanded its cleared derivatives offering.
XTP delivers a full front-to-back product suite that...
HKMA issues discussion paper on retail CBDC issues
The Hong Kong Monetary Authority (HKMA) has launched a discussion paper to gather views on the key issues surrounding a retail central bank digital currency (CBDC).
Thailand bans cryptocurrency use for payments
Thailand’s Security and Exchange Commission (SEC) has revealed it will introduce a ban on crypto as a method of payment from April 1 this year.
Bank of Canada and MIT collaborate on CBDC project
The Bank of Canada and the Massachusetts Institute of Technology (MIT) will collaborate on a 12-month project exploring central bank digital currencies (CBDCs).
Thailand eases crypto tax regulations to promote digital asset investments
Thailand’s finance ministry has loosened regulations around crypto tax in order to foster investment in the country’s digital asset market.
Cambodia introduces code of conduct for banks and FIs
Cambodia has unveiled a code of conduct for banks and financial institutions with the aim of promoting more effective and responsible banking and financial practices.
Best Execution requirements officially introduced in Singapore
The Monetary Authority of Singapore (MAS) has revealed that Best Execution practices must be provided by capital markets intermediaries to their customers.
