February 16, 2021

National Bank of North Macedonia releases FAQs on crypto assets

The National Bank of North Macedonia has published answers to the most frequently asked questions on crypto assets.   The details are available here.    Photo Credit: Pixabay    
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February 8, 2021

Europe agrees on common stance for green investments in non-monetary policy portfolios

The Eurosystem central banks – the 19 national central banks of the euro area countries and the European Central Bank – have defined a common stance for applying sustainable and responsible investment principles in the euro-denominated non-monetary policy portfolios that they each manage under their own responsibility.   They indicate
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January 30, 2021

Malta: MFSA addresses ICT risk and cybersecurity

The Malta Financial Services Authority has issued the third volume of ‘The Nature and Art of Financial Supervision’ series, focusing on information and communications technology risk (ICT), and cybersecurity supervision.   In addition to providing background on ICT risk and cybersecurity, the document covers applicable legal and regulatory framework, and
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January 25, 2021

Climate change: BIS launches second green bond fund for central banks

The Bank for International Settlements (BIS) has launched a euro-denominated, open-ended fund for green bond investments by central banks and official institutions.    The launch follows the successful introduction of a first BIS green bond fund denominated in US dollars in September 2019.  The European Central Bank has already announced
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January 23, 2021

Nordic-Baltic countries engage the IMF on the region’s AML/CTF Risks

The Nordic-Baltic countries have requested the International Monetary Fund to analyze the most pertinent money laundering/terrorist financing (ML/TF) risks in the region.   The request is due to the ML/TF threats and vulnerabilities in the region given the interconnectedness of the financial systems and, in particular, the many cross-border banking
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