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Increased supervision of China's banks would likely contribute to the stability of the global financial system, given the nation's large economy and its importance to emerging markets.
Federal Reserve and European Central Bank among institutions that contributed to report laying out key requirements for CBDCs. China’s PBOC wasn’t involved.
Central bank has developed offsite monitoring system for payment settlements and will continue to support SupTech’s adoption, according to its deputy governor.
Shanghai drafts rules for its ‘Nasdaq-style’ tech board, Philippines sets new rules on cryptocurrencies, Malaysia fines Deloitte over 1MDB, ISDA warns on regulatory fragmentation
Despite the trade war, fundamentals in China are still strong. For treasurers looking for a balanced portfolio, ‘barbelling’ might be the way forward
China’s central bank is contemplating ways to make life easier for digital traders to make cross-border payments and reduce the risk of fraud, CT understands