OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
BIS Innovation Hub and HKMA invite global innovators…
TechChallenge competition to highlight potential of new technology to safeguard and enhance trade financing. Firms are invited to submit innovative solutions to address TradeTech operational challenges by 31 August 2020. Financial sponsorship will be offered…
Olli Rehn: To what extent should the State…
Ladies and Gentlemen, distinguished fellow panellists, It is a great pleasure to participate in this year's Les Rencontres Economiques d'Aix-en-Provence/Seine to discuss current challenges facing our societies, and the role of the state during and…
Harvesh Seegolam: Current economic conditions and outlook
Representatives of the media, good afternoon. As you know, the Monetary Policy Committee met today. My two Deputies and myself are pleased to welcome you to this post-MPC press conference. Before I move on to…
CPMI report identifies steps to enhance cross-border payments
The CPMI report comprehensively sets out the necessary elements to improve cross-border payments to make them faster, cheaper, more transparent and inclusive. The CPMI is committed to taking a leading role in developing and implementing…
BIS: Basel Committee reports on Basel III implementation…
Report sets out the adoption status of Basel III standards in member jurisdictions as of end-May 2020 Report shows further progress in implementing these standards since previous report in October 2019 Committee will continue to…
Basel Committee publishes final revisions to the credit…
The Basel Committee on Banking Supervision today published an updated standard for the regulatory capital treatment of credit valuation adjustment (CVA) risk for derivatives and securities financing transactions. [caption id="attachment_370620" align="aligncenter" width="270"] cva risk framework of 2019[/caption]…
Senate Debates Central Bank Digital Currency
Chris Giancarlo was the CFTC Chair until April 2019; he’s currently a senior counsel at Wilkie, Farr, and Gallagher, a prominent law firm with offices in six countries spoke about digital currency. [caption id="attachment_221725" align="alignleft"…
Central banks a stabilising force in response to…
Central banks played a crucial role together with fiscal and prudential authorities in a concerted response to the Covid-19 crisis. The lender of last resort role of central banks has evolved as they sought to…