In a significant move aimed at enhancing financial inclusion, the Reserve Bank of India (RBI) Governor, Shaktikanta Das, announced the expansion of the Central Bank […]
Category: Government
OSFI Introduces New Supervisory Framework to Modernize Financial Supervision
The Office of the Superintendent of Financial Institutions (OSFI) unveiled its new framework for supervision today, signaling a significant overhaul in its approach to overseeing […]
December 2023 SESFOD Survey: Credit and Market Trends
The European Central Bank (ECB) released the findings of the December 2023 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives […]
OSFI Unveils Guidelines to Safeguard Canadian Banks Against Foreign Interference and Security Risks
In a proactive move to fortify the nation’s financial sector, Canada’s banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has released final […]
Bank of England and HM Treasury: Digital Pound Consultation Update
The Bank of England and HM Treasury have issued a joint statement regarding the potential development of a digital pound in the UK, stating […]
RBI Proposes Framework for Self-Regulatory Organizations in FinTech Sector
The Reserve Bank of India (RBI) has introduced a draft framework for the recognition of Self-Regulatory Organizations (SROs) in the FinTech sector, aiming […]
Government Reappoints Key Members to Prudential Regulation Committee (PRC)
In a recent announcement, the government has confirmed the reappointment of John Taylor, Antony Jenkins, and Tanya Castell as external members of the Prudential […]
National Bank of Oman (NBO) Partners with PayMate to Revolutionize B2B Payments
The National Bank of Oman (NBO) has inked a Memorandum of Understanding (MoU) with Indian fintech firm PayMate, marking a strategic move to modernize its […]
RBI Urges Strengthening of Financial Institutions Amid Evolving Risks
The Reserve Bank of India (RBI) recently released its “Trend and Progress of Banking in India 2022-23” report, highlighting the need for financial institutions, including […]
PRA Releases Near-Final Policy Statements on Basel 3.1 Implementation
The Prudential Regulation Authority (PRA) has taken a significant step towards the implementation of the Basel 3.1 standards by publishing the first of two near-final […]