May 16, 2024
Wholesale CBDC cross-border trading test ‘deemed a success’
BIS experiment was a technical achievement but liquidity demands may be prohibitive
Highlights
Regulators clamp down on surge in trading venues
Banks that fail to monitor trading on external venues risk million-dollar fines
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May 15, 2024
Patrick McHenry urges Fed and OCC to jointly oversee stablecoin regulation
The US Congressman’s bill means stablecoin issuers would face bank-like regulation
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Waning appetite for junk loans drives surge in bank securitisation
G-Sibs rush to bump loans off balance sheets to skip capital charges
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May 14, 2024
Regulators tighten cyber security rules for banks
Senior managers will face personal liability for cybersecurity breaches
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UK listing regime lacks mojo and needs to rediscover its equity risk culture
FCA proposals relax investor protections and moves UK towards US-style, disclosure-based regime
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Can CBDCs be made safe for democracy?
Ex-CFTC chair J. Christopher Giancarlo on balancing civil liberties with economic freedom
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May 13, 2024
Hong Kong and Abu Dhabi jockey for top spot in crypto ‘snakes and ladders’
Competing states vie to snatch Singapore’s crypto hub crown
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