Fintech
Oman finalises plan to modernise payments
Central bank hopes to bolster fintech within the country
PBoC to rein in financial holding companies
New rules for financial conglomerates designed to contain risks to the real economy
Do stablecoins like libra differ from other crypto assets?
Sayuri Shirai assesses the implications of stablecoins for stability, monetary policy and regulation
RBI looks to build domestic trust and global clout with new strategy
Central bank seeks return to stability after problems in non-bank sector and political pressure
UK banks call for different regulatory approach
Frequent regulatory changes for online banking create burden for large banks, Starling Bank CEO says
EU risks creating unlevel playing field in fintech – EBA report
European fintech companies are increasingly coming under EU regulation, report says
Ghana sees route to ‘cash-lite’ economy through mobile money
Central bank deputy governor promises development to further encourage fintech
UK financial regulators begin work on ‘air traffic control’
BoE, FCA and others to co-ordinate more closely on regulation
US lawmakers slam Facebook’s ‘delusional’ Libra plan
Libra executive grilled at US hearing over Facebook’s history of scandals
PBoC gets go-ahead from China’s cabinet to develop CBDC
China’s central bank is developing its own CBDC, as officials voice concerns over Facebook’s Libra
‘Fintech shadow banks’ shaping global credit – Amit Seru
Regulators need to pay more attention to shadow banks, Stanford professor says
BIS to set up three fintech innovation hubs
New hubs will be set up in Hong Kong, Singapore and Basel
Swift bullish on future of cross-border payments
Tests of GPI system show faster, more transparent cross-border payments, Swift says
BIS annual report warns of big tech threat to banks
Basel-based body wants “level playing field” for banks and tech firms, as Facebook enters payments space
Sandboxes do not solve all fintech problems, says academic
Regulatory sandboxes will face challenges in cross-border cooperation, says Brian Knight
BoE unveils strategic priorities for 2019
Annual report says focus will remain on Brexit, but resilience, fintech and an overhaul of the BoE’s own operations are also priorities
Regulators must do more to assess risk of crypto assets, says FSB
FSB members differ on how to tackle international co-ordination
Crypto assets have little impact on monetary policy, says ECB team
Task force concludes crypto assets do not fulfil functions of money
US lawmakers establish task forces to examine fintech and AI
Task forces aim to assess risk to economy and investigate regulation surrounding fintech and AI
Central Banking to co-operate on research with Chinese universities
MoUs with departments of Renmin and Zhejiang universities envisage co-operation on fintech events and research
Global sandbox admits first fintech firms
GFIN accepts eight firms for tests in cross-border regulatory sandbox
Bank of Zambia urges country to embrace financial technology
Zambian payments app becomes integrated with Visa and MasterCard
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: The Bay Area Development
Located at the start of the Maritime Silk Road, the Guangdong–Hong Kong–Macau Greater Bay Area seeks to harness advanced technology and green finance to catch up with the economically advanced bay areas of New York, San Francisco and Tokyo.