Asia-Pacific
Central banks’ CBDC sentiment can prove contagious – BIS study
Authors say Fed and ECB’s positions on digital assets affect how the currencies are perceived elsewhere
Supervisors widely use suptech tools for data collection and validation
AI use is growing but remains much less widespread than suptech
RBNZ pushes back implementation of deposit-taker regulations
Central bank says rules will now come on line in December, rather than July, of 2028
Indonesia eases policy rate after Trump announces 19% tariff
Central bank says 25bp cut was needed to support economy amid weak global outlook
Resolution framework update planned by 56% of supervisors
Non-central bank supervisory authorities less likely to have bail-in powers
Collateral pre-positioning reported in half of jurisdictions
Most supervisors believe banks are ready to access emergency central bank liquidity
Supervisors report low adoption of newer global standards
High income supervisors more likely to have regulations in place
Three in five supervisory authorities publish oversight outcomes
Majority of respondents release supervision details in annual report
Digitalisation is top strategic priority for supervisors
Majority of supervisors have a strategy document but only half make them public
Supervisors review banks’ asset quality at varied frequencies
Middle income supervisors tend to review assets more often than high income counterparts
Systemic banks prioritised in onsite inspections
Supervisors’ activities commonly include interviews, reviews and verifications
SBP’s RTGS/CSD system has AI and sharia-compliant focus
Pakistani central bank’s tech provider explains functionality behind Prism+
Onsite inspection frequency tailored to individual firms’ risk profiles
All authorities in high and middle income countries engage in risk-based exercises
Pillar 2 supervisory requirements broadly decided at national level
Only 15% of authorities operate regional supervision offices
Supervisors rate resource sufficiency higher than staffing
Annual salary of supervision officials averages just over $40,000
Most supervisors have mandate to oversee non-banks
Supervision department staff average just over 150 individuals
BoJ board member says rate rises likely
Naoki Tamura predicts tightening of policy as economy improves
Tariffs cannot fix US trade deficit, says Taiwanese governor
Central bank chief flags stateside fiscal risks but says dollar-based order still intact
Indonesia holds rates
Central bank says it considered inflation and uncertain global outlook when making decision
PBoC’s Pan outlines vision for multi-currency international order
Governor describes SDR-based system in which major currencies would “co-exist and compete”
Rate changes have biggest impact on goods and housing – RBNZ study
Research analyses impact of rate hikes following pandemic-related inflation
BoJ holds rates, plans to slow bond purchases
Central bank keeps policy rate at 0.5%, will reduce JGB taper from next year
Central banks favour instant payments over CBDCs
Interoperability of systems and financial inclusion drive decisions among survey respondents
Innovation must not erode basics of money – BoT governor
Digital tokens untethered to central banks are not the future of money, claims Sethaput