05/17/2021

Huarong risks could delay stimulus exit by China's central bank

The central bank has not commented directly about Huarong but in its quarterly report released on Tuesday, the PBOC alluded to financial risks while also downplaying inflation worries, suggesting its policy stance will remain neutral for now.

05/14/2021

SWIFT, Accenture Explore Real-world Implications of CBDCs

The paper offers guidance on how international financial systems and the financial community can prepare for the eventual introduction and adoption of CBDCs, with a focus on the possible move in payments to new forms of currency internationally.

05/13/2021

APRA extends IDII overhaul deadline

The product has been a bugbear for providers due to its loss-making nature and its questionable ability to protect policyholders.