The Central Bank of Sri Lanka The Sri Lankan government backed a new draft of the statute governing the Central Bank of Sri Lanka (CBSL) on December 19. A draft of a new monetary law…
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A federal court in the Nigerian capital, Abuja, rejected an attempt to arrest central bank governor Godwin Emefiele on terrorism charges, Nigerian media reported on December 20. A judge threw out an application from the…
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The People’s Bank of China (PBoC) is promoting adoption of the e-yuan among shoppers in Hong Kong. Bank of China (Hong Kong), one of the three note-issuing banks, is encouraging customers to use the e-yuan…
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Regtech enables supervisory authorities to collect and validate regulatory data from reporting entities. However, data dictionaries across jurisdictions differ, posing a problem for understanding interconnectedness in the financial system. Central Banking is joined once again…
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European Central Bank, Frankfurt The European Central Bank published a new ethics code on December 16, tightening rules on equities holdings for its senior officials. The central bank announced the new regulations in the wake…
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A Myanmar court has sentenced former deputy central bank governor Bo Bo Nge to 20 years in prison. News website the Irrawaddy reported that the trial took place on December 13, citing district court staff. The…
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The governor of the Central Bank of Brazil (BCB) has given details of how the country’s proposed digital currency would interact with plans for a new digital wallet. Speaking at an event on December 13, Roberto…
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Regtech has the potential to revolutionise regulators’ insights into the financial system. Indeed, it already has. While it could be argued that 2008 was the catalyst for much of the regulatory reporting we see today,…
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The International Monetary Fund and Ghana reached a preliminary, staff-level agreement on a three-year funding package worth almost $3 billion on December 12. The loan will help Ghana meet a tangle of economic crises, from…
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The US Federal Reserve’s Eccles Building New legislation will require the US Federal Reserve board to create a database of institutions that hold, or have applied for, access to key Fed facilities known as master…
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