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Will China’s appetite for e-money overcome regulatory restrictions? China is poised to join the ranks of countries with their own sovereign-backed digital currency platforms, with this new medium expected to be leveraged to combat money laundering and tax transparency issues. The People's Bank of China (PBOC) successfully completed a test application of a blockchain-supported digital currency developed on transactions and settlements of bank acceptance bills in December. The central bank has also announced plans to launch a digital currency research institute to develop big data systems, cryptography and blockchain technology.

A plan mooted by the European Banking Authority's (EBA) chairman Andrea Enria to create an EU-wide designated fund for dealing with the continent's bad loan problems has been met with a lukewarm response.

The FSB wants to make global asset management a safer place

Foreign investors under the Qualified Foreign Institutional Investor (QFII) programme are believed to be deserting their hard-earned quotas for China's second Stock Connect with Hong Kong. But a combination of stricter forex controls, currency risks and quota allocation standards have pushed foreign investors to tap the two Stock Connects in the former British colony.

Here the Clifford Chance lawyers that advised the Commission explain why the US-inspired draft directive must not be underestimated

Yuri Suzuki and Eiichiro Hata of Atsumi & Katai explore how the city is ramping up legal and commercial initiatives to drive international business

Elias Neocleous The European Securities and Markets Authority (Esma) set out guidelines for the assessment of knowledge and competence in its publication Esma/2015/1886 dated December 17 2015. In preparation for these guidelines which come into force on January 3 2018, the Cyprus Securities and Exchange Commission (CySEC) has issued a circular (C181 dated February 2 2017) advising Cyprus investment firms (CIFs) on their obligations when providing information to clients on the services and instruments they offer, in order to meet their overriding obligation to act in the best interests of their clients.

The issuance of Egypt's largest ever eurobond and the first triple-tranche instrument to come out of Africa will support the country's extensive economic reform progamme.

Sapin II aims to bring French transparency in line with international standards. But it is yet to be tested in practice

The rules will drastically change the landscape. Fund managers must consider how research is priced and exactly where it should come from