Tag: financial stability
Hong Kong to fortify financial stability with new stablecoin regulations
Hong Kong is poised to introduce a new regulatory regime for fiat-referenced stablecoin (FRS) issuers following positive feedback from a public consultation.
EU regulatory updates to strengthen liquidity management in investment funds
The European Securities and Markets Authority (ESMA), a pivotal regulator and supervisor within the EU, has launched a public consultation on draft guidelines and technical standards pertaining to the revised Alternative Investment Fund Managers Directive (AIFMD) and the Undertakings for Collective Investment in Transferable Securities (UCITS) Directive.
New partnership between BIS and MAS targets climate risks in finance
The Bank for International Settlements (BIS) and the MAS have recently collaborated on an innovative initiative.
Navigating KYB checks: The gateway to business transparency and trust
In today's digital era, where business transactions and partnerships extend beyond borders, the importance of conducting due diligence cannot be overstated.
FullCircl, a Customer Lifecycle...
ESMA bolsters its monitoring of EU alternative investment funds
The European Securities and Markets Authority (ESMA), the esteemed financial markets watchdog of the EU, recently unveiled a comprehensive report spotlighting the market dynamics of the EU's alternative investment funds (AIFs).
The crucial role of comprehensive AML/CTF risk assessments in business success
In today's dynamic business environment, organisations are facing ever-increasing compliance regulations. As a result, business-wide anti-money laundering (AML) and counter-terrorism financing (CTF) risk assessments...
Majority of Brits want government to focus on financial stability post-Brexit
Opinium has found 91% of UK citizens want the government to focus on the future stability of the financial system rather than to promote international competitiveness post-Brexit.
Regulators must keep a close eye on FinTech, FSB head says
Regulators have to be vigilant about developments in the FinTech sector as its importance is bound to grow in the future, Svein Andresen has said.
