The Hong Kong Monetary Authority (HKMA) has issued a public alert following reports of fraudulent websites and phishing attempts targeting customers of several local banks. This update serves as a warning to both the public and financial institutions regarding the increasing sophistication of digital banking scams.
The Hong Kong Monetary Authority (HKMA) has published its monthly analytical accounts, reporting that foreign assets increased by HKD $13.8 Billion to a total of HKD $3,694.5 Billion. This disclosure provides transparency regarding the Exchange Fund's balance sheet and the monetary base, which is critical for monitoring systemic liquidity and macroeconomic stability in Hong Kong.
The Hong Kong Monetary Authority (HKMA) has published its monthly analytical accounts, reporting that foreign assets increased by HKD $13.8 Billion to a total of HKD $3,694.5 Billion. This disclosure provides transparency regarding the Exchange Fund's balance sheet and the monetary base, which is critical for monitoring systemic liquidity and macroeconomic stability in Hong Kong.
The Norway Financial Supervisory Authority has issued a formal warning concerning the website of 3cGroup, an entity based in Luxembourg. This notification serves as a red flag for investors and financial institutions regarding the legitimacy or regulatory standing of the entity's operations within the Norwegian jurisdiction.
De Nederlandsche Bank (DNB) has extended its period of non-enforcement regarding the boundary between the banking book and the trading book. This decision follows guidance from the European Banking Authority (EBA) to mitigate operational complexity and legal uncertainty during the implementation of revised market risk frameworks.
De Nederlandsche Bank has released a report noting that takeaway and food delivery services now play a larger role in the Dutch consumer basket and inflation figures. This shift is driven by permanent changes in consumer behavior following the COVID-19 pandemic and increased costs passed to consumers.
De Nederlandsche Bank has released a press release highlighting that takeaway and delivery services now hold a larger share of the household consumption basket. This shift in consumer behavior is driving higher contributions to inflation figures, reflecting changes in spending patterns following the pandemic.
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