Markets such as repo and carbon credits best placed to adopt the technology
HSBC first UK bank to formally vote on lifting bonus cap at AGM on May 3
UK ‘stands apart’ from other markets due to open banking mandate
Blockchain-based digital payment network’s announcement is ‘overdue’
The project builds on the unified ledger concept proposed by the BIS
Retail gold token launched in Hong Kong tests the waters for more digital versions of real-world assets
New requirements include public hearings and a three-year ban on post-merger branch closures
Requirement to register ‘accountable persons’ will not come into effect until July
European Securities and Markets Authority likely to embed ISO standards under MiCA, driving further adoption
Companies urged to adopt best practice ahead of final rules
Nearly a third of accountants doubt their organisation’s risk culture matches public commitments
Banks may not be able to fill a liquidity gap if non-banks retreat from lending, industry says
The new mandate requires payment providers to facilitate instant payments in 10 seconds or under
BNY Mellon is the latest to expand its virtual account offerings to treasurers
Companies facilitating more than five million transactions a year — including Apple, Google and Venmo — would be in scope
Higher capital requirements entail costs for US banks, but will not necessarily lead to lower lending.
EUR CoinVertible, which has already been used for a purchased of tokenised securities, is set to usher in a new era for regulated digital assets.
But many have reservations regarding the roll-out and see risks to market liquidity.
Fresh interoperability legislation will be transformative, but don’t expect a copy of Brazil’s PIX just yet.
A lack of standardisation, reliance on intermediaries and post-trade complexities has held repo back — but change is coming.
