Global
Global: MAS to tighten policy amid inflation fight
Singapore’s central bank is expected to tighten monetary policy as global inflation sweeps into the city-state, fueled by geopolitical and supply-chain tensions and ...
Global
UAE: Sheikh Mohammed announces plans to link payment systems across GCC
The UAE Cabinet has adopted an agreement to link the payment systems of the Gulf Cooperation Council (GCC) countries. No further details are ...
Global
Global: BIS releases study of CBDCs and their role in financial inclusion of the unbanked
The researchers from BIS and the World Bank identify common factors across nine central banks that face a variety of different challenges. The ...
Global
Global: Reserve Bank of India to allow banks to open digital banking units
The Reserve Bank of India (RBI) has introduced norms to allow commercial banks to open digital banking units (DBU), according to Business Standard. The Union Budget ...
Global
Global: European Parliament approves EU Data Governance Act
The European Parliament has approved the draft text of the Data Governance Act (DGA). One of the main points of the proposed DGA is the ...
Global
Global: EU Digital Finance Platform launches
The European Commission has launched the EU Digital Finance Platform, a website designed to build dialogue between fintech players and supervisors. First announced ...
Global
Global: Bank of Ireland fined over data breaches
Bank of Ireland has been fined €463,000 by the Data Protection Commission for a series of data breaches affecting customer personal information. The ...
Global
Monetary policy: RBI to revisit KYC rules after digital lending fraud
RBI Governor Shaktikanta Das said the RBI actions on KYC rules have to be in consonance with the Prevention of Money Laundering Act ...
Global
Global: FDIC Asks All Banks to Report Crypto Activities
All FDIC-supervised institutions have been asked to provide the federal banking regulator with information about their “crypto-related activities.” A top U.S. banking regulator ...
Global
Global: PCI SSC releases PCI Data Security Standard v4.0 for global payment data
The PCI Security Standards Council (PCI SSC) has published version 4.0 of the PCI Data Security Standard to address emerging threats to accounts data. ...