The Australian Prudential Regulation Authority has released guidance on capital management by regulated deposit-taking institutions during the COVID-19 pandemic. During this period, the regulator expects these institutions to limit
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Bank of Canada to introduce a Standing Term Liquidity Facility
The Bank of Canada (Bank) has announced that it intends to introduce a new liquidity facility, the Standing Term Liquidity Facility (STLF). The STLF will complement the Bank’s -
FSB discusses regional vulnerabilities, stablecoins and other challenges
The Financial Stability Board (FSB) Regional Consultative Group (RCG) for Europe met recently to discuss substantial issues on global and regional financial vulnerabilities. Vulnerabilities x-rayed include incessant search for -
Switzerland: FINMA is set to implement small banks regime
The Swiss Financial Market Supervisory Authority (FINMA) has announced it will be implementing small banks regime (regime) starting January 1, 2020. The regime seeks to increase efficiency in regulation -
Bank of Mauritius ratifies MoU on banking supervision
The Bank of Mauritius and the Bank Al-Maghrib have signed a Memorandum of Understanding (MoU) on banking supervision. The MoU establishes a collaborative framework to facilitate the sharing of
November 11, 2019
Basel Committee consults on cooperation between prudential and AML/CFT supervision
The Basel Committee on Banking Supervision (Basel Committee) has published a consultative document entitled Introduction of guidelines on interaction and cooperation between prudential and AML/CFT supervision. The Basel Committee proposes to amend its guidelines on the Sound management of risks related to money laundering and financing of terrorism published Other
November 10, 2019
Kuwait: Central Bank unveils liquidity management and forecasting dashboard
The Central Bank of Kuwait (CBK) has announced a liquidity management and forecasting dashboard. According to CBK, the dashboard will enhance the ability to forecast liquidity conditions more accurately and at an earlier point in time. This will, in turn, lead to more efficient utilization of monetary policy instruments. Asia & South America
November 8, 2019
Australia: APRA consults on standardised submission dates for ADI quarterly reporting
The Australian Prudential Regulation Authority (APRA) is consulting on a proposed standardization of quarterly reporting due dates for authorised deposit-taking institutions (ADIs). The proposed due date is 35 calendar days after the last day of the reference quarter, which will create a 14 calendar day extension for credit unions Oceania & Antarctica
November 7, 2019
Bank of Namibia issues a report on banking fees and charges
The Bank of Namibia has released a comprehensive report comparing different banking fees and charges by banking institutions in Namibia. The report presents a comparison of banking fees and charges for 9 banking institutions as of September 30, 2019. It focuses on 10 banking activities that appear to Africa
November 6, 2019
The Bank of Lithuania issues Guidelines on Security Token Offering
The Bank of Lithuania has issued Guidelines on Security Token Offering (STO), becoming one of the first market regulators in the world to do so. The Guidelines focus on tokens classification, assess specific cases, and clarify applicable regulatory requirements. Companies planning to use the STO method for issuing Europe