PEPs & Sanctions

UK Launches Inquiry to Assess Russia Sanctions Programme

05/03/2024

The inquiry will also explore the confiscation of frozen Russian assets and whether sanctions should cover buyers of Russian oil and gas.

Payments & Settlements

BIS Explores Design Features of Fast Payment Systems

05/03/2024

New BIS article outlines the main design features of fast payment systems that may foster adoption, such as allowing non-bank participation.

Trading & Investment

Cambodia Inaugurates New Securities Investors Association

05/03/2024

The new association will provide training and represent the investors on matters such as legal protection and market development.

PEPs & Sanctions

US Sanctions Zimbabwe’s President, Other Officials

05/03/2024

The sanctions were issued under the Magnitsky programme. The Zimbabwe Sanctions Regulations have been terminated.

Payments & Settlements

Malaysia, Cambodia Agree to Link Payment Systems

05/03/2024

BNM and NBC agreed to encourage the use of local currency settlement and to link their payment systems to enable cross-border QR payments.

CBDCs

UDPN Launches “All-in-One” Digital Currency Sandbox

05/03/2024

The sandbox contains technologies for CBDC, tokenised deposits, stablecoins, purpose-bound money, and security and bond tokenisation systems.

Reporting & Disclosures

Japan to Require Emissions Disclosures from Top-tier Firms

05/03/2024

The FSA is expected to release draft standards by end-March proposing requirements for Prime Market companies to disclose supply chain emissions data.

Data Privacy

EU Parliament Adopts Framework for Digital Identity Wallet

05/03/2024

The EU wallet will be used on a voluntary basis, allowing EU citizens to identify and authenticate themselves online without using commercial providers.

Capital Adequacy

HKMA Issues Revised SPM Module on CCyB Settings

05/03/2024

The revised SPM module introduces a Positive Neutral CCyB of 1% for Hong Kong to ensure an additional buffer is available in the event of a shock.