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Periodic Essay
Implementation of anti-money laundering standards in Asia
Global money laundering and terrorist financing activities impose significant costs on the world economy by damaging the effective operations of national economies. In response to the challenges posed by these activities, Asian governments and regulators have strengthened their anti-money laundering (AML) and combating the financing of terrorism (CFT) regimes by adopting standards set by the Financial Action Task Force (FATF), an intergovernmental agency that develops and promotes policies to combat AML/CFT.
Periodic Essay
Chinas new foreign bank regulations
Periodic Essay
The development of payment and settlement systems in China
This Asia Focus summarizes recent changes in Chinas payment and settlement systems and considers how China is addressing technology and risk management concerns as it works to create a more sophisticated, international financial sector.
Periodic Essay
Shifting fortunes: wealth trends in the Federal Reserve’s survey of consumer finances
Short essays related to research on understanding and strengthening the balance sheets of American households.
Periodic Essay
Renter Households Face Trade-offs When Choosing Amenities or Price
Choosing where to live is a complex decision that could have long-term consequences for social and economic mobility.
Periodic Essay
Labor market trends in Massachusetts regions: Berkshire
Using the most recent data available, the Berkshire Regional labor market profile provides a detailed picture of the region?s current and future labor supply. For context, it also provides detailed information on labor demand in the region over the past decade. This profile is designed to help guide workforce development professionals, policy makers, and civic, education, and business leaders as they make decisions about education and training opportunities.
Periodic Essay
The rise of Asian sovereign wealth funds
This Asia Focus provides an overview of sovereign wealth funds, evaluates the structure and activities of major funds in Asia, and compares the transparency of Asian funds relative to international best practices.
Periodic Essay
Children of College Graduates Earn More and Are Richer
Both a family head?s education and that of his or her parents affect how much income and wealth a family has.