hong kong monetary authority

The regulator has teamed up with 16 market participants to explore the viability of CBDC implementation. However, questions around interoperability, monetary sovereignty and the role of the traditional banking system remain.

Set to go live from May 15, the mutual market derivatives initiative marks a world first for international trading that is set to facilitate the increased internationalisation of renminbi.

The central banks of both jurisdictions have issued statements on the back of Credit Suisse’s merger with UBS that saw $17 billion in AT1 bonds wiped out.

Banks must band together to identify and block sophisticated cyber attacks, writes Mark Clancy, CEO of Soltra. Cybersecurity issues to figure in Xi Jinping's state visit to the US on Thursday.