Payments & Settlements

Bangladesh Halts InterBank Transactions Due to RTGS System Glitch

01/08/2023

Bangladesh’s RTGS system faced technical issues, halting inter-bank transactions. Transactions through the RTGS system resumed the next day.

Trading & Investment

CSRC Looks to Brokers for Advice on Boosting the Stock Market

01/08/2023

CSRC convened a meeting with brokerages last week to discuss ways to restore investor confidence and boost the stock market.

Sustainable Finance

Japan FSA Seeks Industry Input on Impact Investment Guidelines

01/08/2023

The guidelines set out four key principles of impact investment, and encourages dialogue with investee companies to assist them in creating or accelerating change.

Trading & Investment

China Unveils Measures to Boost Innovation, Consumption and Recovery

01/08/2023

The PBOC unveiled a financial support system for technological innovation. The State Council announced measures to support consumption.

Data Privacy

US Plans More Investment Curbs on China as France Bolsters Bilateral Ties

01/08/2023

Amid rising US-China tensions, Biden plans further tech investment curbs. Yet, France is fostering deeper economic cooperation with China.

Resolution & Recovery

FSB Report Addresses Challenges of Deploying Unallocated TLAC

01/08/2023

The report offers an analysis of the potential challenges associated with deploying uTLAC during periods of market-wide stress.

Fraud, Scams & Cybercrime

India Supreme Court Criticises Government for Not Addressing Crypto Crime

01/08/2023

India’s Supreme Court asked the government whether it can establish a “national specialised agency” to investigate crypto-related crimes.

Resolution & Recovery

RBNZ Consults on Implementation of Deposit Takers Act

31/07/2023

RBNZ proposes a framework for ensuring proportionality in its approach to setting prudential requirements. The consultation also covers how compensation scheme levies are set.

PEPs & Sanctions

EU Imposes New Russian Sanctions Targeting ‘Information Manipulation’

31/07/2023

Seven Russian individuals and five entities were sanctioned for conducting a digital information manipulation campaign.