Risk management methods are emphasised in supervision

The People's Bank of China (the "PBOC") will issue Renminbi Bills through the Central Moneymarkets Unit of the Hong Kong Monetary Authority (the "HKMA").

German financial regulator BaFin has ordered Deutsche Bank to address issues regarding money laundering and terrorist financing.

Digital money is a logical step in a process of continuous technological advancement in payment systems. In response, central banks are reviewing their conduct of monetary operations in light of the new shape of financial markets and systems. The impact of digital money will depend on the type of money substitution by digital money. The paper straddles several cases where substitution of CiC (currency in circulation), and bank deposits may take place via digital money such as CBDC or other e-money, and how it would impact the central bank balance sheet. Remuneration of CBDC, if aligned to a new objective, could potentially amplify the effect on the interest rate channel of monetary policy.

According to statistics released today by the Monetary Authority of Macao, broad money supply retreated in September. Meanwhile, resident deposits fell from a month ago whereas loans to residents posted an increase.

MAS sets out in this consultation paper the proposed amendments to limits currently imposed on each personal payment account that contains e money (“e-wallet”) issued by Major Payment Institutions.

Bangkok, 30 September 2022 – The Securities and Exchange Commission, Thailand (SEC) is going to organize educational activities emphasizing the importance of “investor resilience” during the IOSCO World Investor Week 2022 campaign (WIW 2022), 2-8 October 2022. Throughout the week, financial and investment knowledge to cope with the changing financial context, including the challenges of money management amidst inflationary pressures, will be highlighted through various online activities under such theme.

According to statistics released today by the Monetary Authority of Macao, broad money supply continued to grow in August. Meanwhile, both resident deposits and loans increased from a month earlier.

The Ministry of Finance will issue Renminbi Sovereign Bonds.

‘Name and shame’ remains a common practice in the fight against financial crime. Both states and financial institutions can be subject to it, each at their own level. In a recently published manual for national regulators, the World Bank illustrates this principle by citing Luxembourg.

EBA observes that most competent authorities have devoted resources to ensure effective functioning of anti-money laundering and counter-terrorist financing (AML/CFT) colleges. EBA finds that ongoing cooperation and proactive information exchanges between supervisors has not been fully achieved yet in all AML/CFT colleges. EBA recommends the organisation of AML/CFT colleges to be more risk-based.

FCA presented on its work to review the classification of LTAFs as non-mainstream pooled investments