financial supervision
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Strengthening the Supervision of Digital Finance: A Call to Action from the People’s Bank of China
According to reports, Vice President Xuan Changneng of the People\’s Bank of China called for strengthening the supervision of digital finance at a panel meeting on financial infras
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Hong Kong Monetary Authority to Host High-Level Meetings on Banking Supervision
It is reported that the Hong Kong Monetary Authority (hereinafter referred to as the HKMA) will hold two high-level meetings in late March that mainly invite representatives of the central bank and regulators to attend, including the Basel Committee on Banking Supervision (BCBS) meeting held in Hong Kong from March 22 to 23, and a seminar held in Hong Kong with the Bank for International Settlements (BIS) on March 24. Yu Weiwen, the president of the HKMA, said that the seminar on “banking supervision in an era of innovation and keeping pace with the times” jointly organized by the HKMA and BIS was the first international conference on financial supervision after the resumption of Hong Kong’s normal operation. More than 100 leaders of central banks, regulators and financial institutions will be invited to attend the seminar to discuss forward-looking issues related to the banking industry, including how regulators and banks respond to the rapidly changing financial environment, the future development…
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Tether defends itself against WSJ accusations
On March 11, Tether wrote that it continued to be the target of outdated, inaccurate and misleading reports and accusations of the Wall Street Journal. The lat…