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(CBDC) in Sweden, as well as the growing significance of the Fintech sector. The Riksbank has been one of the pioneers in …' ability to carry out its mandate. While systemic importance of the Fintech sector seems limited, the sector should be …
Persistent link: https://www.econbiz.de/10015059535
Kazakhstan saw a significant increase in crypto mining in 2021 following a ban on mining in China. Volatility in crypto markets and energy shortages, coupled with a prohibition on the circulation of crypto assets in Kazakhstan, reduced the size of the market by the following year. While retail...
Persistent link: https://www.econbiz.de/10015058489
stakeholders, including representatives of the banking sector, payment service providers, and the Fintech and technology sector …
Persistent link: https://www.econbiz.de/10015058974
This technical assistance report describes the regulation and supervision of crypto assets in Lao People's Democratic Republic (LAO P.D.R.). Crypto uptake in Lao P.D.R. seems to be limited so far, and so consumer protection risks appear contained. The authorities are in the process of...
Persistent link: https://www.econbiz.de/10015059113
monitoring of fintech in Japan. It focuses on the institutional arrangements for fintech monitoring, as well as the approach that … the Japanese authorities have taken to review the regulatory perimeter around fintech-related issues, noting regulatory …
Persistent link: https://www.econbiz.de/10015058444
The impact of fintech in Trinidad and Tobago is currently concentrated in the payments sector. In meeting with firms … utilizing fintech, trade bodies, and public authorities, we found that the impact of fintech is not yet broad based and is … crowdfunding, robo-advice, and crypto assets. While data on the impact of fintech are limited, we use public information …
Persistent link: https://www.econbiz.de/10015059107
This paper reviews assessment of financial market infrastructures (FMIs) and authorities' responsibilities in Canada. The report shows that the FMIs have operated normally under a well-established legal and oversight framework that is distinct for Canada. The Bank of Canada (BOC) has issued a...
Persistent link: https://www.econbiz.de/10014407891
This Technical Note on Oversight of Fintech explains that Ireland's fintech sector is growing in importance through the … identify risks arising from fintech as well as policy responses by authorities. The Irish Government has adopted a Strategy … initiatives of relevance to fintech. The Central Bank has an Innovation Hub that provides a single point of contact for …
Persistent link: https://www.econbiz.de/10015060227
This Detailed Assessment Report reviews antimoney laundering and combating the financing of terrorism (AML/CFT) measures for Germany. The report reveals that Germany has introduced a number of measures in recent years to strengthen its AML/CFT regime. Germany has generated a relatively large...
Persistent link: https://www.econbiz.de/10011244266
The evaluation of the anti-money laundering (AML) and combating the financing of terrorism (CFT) regime of Australia was based on the Forty Recommendations 2003 and the Eight Special Recommendations on Terrorist Financing 2001 of the Financial Action Task Force (FATF), and was prepared using the...
Persistent link: https://www.econbiz.de/10011244347