In a white paper, the non-profit organization Digital Dollar Project concluded that a central bank digital currency, "rather than displacing the service offerings of established financial institutions providing cross-border remittance services . . . present[s] an opportunity to modernize operational processes and expand financial access."
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The Financial Stability Board issued an "Umbrella Public Note" on its global regulatory framework for crypto-asset activities.
The CFTC set a comment deadline of August 28, 2023 on an application submitted by the Institute of International Bankers, ISDA and SIFMA to determine whether German and French capital and financial reporting requirements are comparable to the CFTC’s requirements for swap dealers.
The Congressional Research Service considered the potential impact of the expiration of the Division of Investment Management’s 2017 no-action letter permitting broker-dealers to receive cash payments for research services from investment managers subject to the EU’s Markets in Financial Instruments Directive II without being subject to regulation as "investment advisers".
The CFTC requested comment on an application submitted by the Institute of International Bankers, ISDA and SIFMA to determine whether German and French capital and financial reporting requirements are comparable to the CFTC’s requirements for swap dealers.