Search
Search FinNotes
3 matches across 1 sections
Market news & articles
Brazil Senate committee approves central bank financial autonomy measure tied to Pix oversight
Brazil’s Senate Constitution and Justice Committee approved a proposal expanding the central bank’s financial and administrative autonomy, including exclusive authority over Pix regulation and limits on transferring the payments system to another entity. Trade groups for banks, fintechs and payment companies publicly supported stronger central bank supervisory authority.
Economy · 4 days agoWorld Bank warns Thailand’s data center buildout could strain water and power without broader digital economy gains
The World Bank said data centers consume large amounts of water and electricity and warned Thailand may not yet have a sufficiently developed digital economy to generate economy-wide benefits that offset those resource demands. It also cited the absence of mechanisms to price industrial resource use, including water, as a key challenge.
Finance & Banking · 5 days agoChina securities regulator drafts fund-industry reform plan targeting long-term returns and lower fees
China’s securities regulator said it is preparing a reform plan for the fund management industry focused on improving long-term investor returns, reducing fees, and tightening oversight of market activity. It also outlined a three-year implementation plan for related guidance and said it will encourage private securities funds to adopt long-term, value-oriented investment approaches.