CBDCs

RBI Starts Testing CBDC in G-Sec Trade Settlement

01/11/2022

The RBI will also commence testing of a retail CBDC “within a month” in select locations in “closed user groups comprising customers and merchants”.

Clearing & Post-Trade

ESMA to Withdraw Recognition of Six Indian CCPs

01/11/2022

EMIR conditions for recognition are not met because no cooperation arrangements have been concluded between ESMA and the relevant Indian authorities.

Trading & Investment

ASX Issues 2nd Consultation on Measures for Handling Outages

01/11/2022

ASX is seeking feedback on new order and trade download services, a ‘cancel only’ session state, and an intraday restart capability.

Cryptocurrency

Malaysia to Grant Licences to More ECF, P2P, Crypto Platforms

01/11/2022

A Digital Innovation Fund will also be established to co-fund innovative projects to digitalise the capital market and make it more competitive.

Sustainable Finance

Hong Kong Invites Firms to Provide Training in Green Finance

01/11/2022

Providers of green and sustainable finance-related training are invited to register their programmes for a capacity building support scheme launching later this year.

CBDCs

MAS Concludes Phase One of Retail CBDC Project

31/10/2022

Phase 1 of Project Orchid explored the concept of purpose-bound digital SGD, bearer instruments that enable senders to specify conditions when making transfers in digital SGD.

Capital Adequacy

Credit Suisse Unveils Plans to Finance Restructuring Programme

31/10/2022

FINMA will monitor Credit Suisse to ensure it meets all of its regulatory requirements during the implementation of its restructuring programme.

ESG Data

Panel 2: Regulation & Standardisation: A Global Push towards Transparent ESG Data and Ratings

31/10/2022

To increase oversight and accountability, regulatory bodies such as IOSCO and the FCA have proposed the standardisation of ESG data and ratings. With good governance, rules and regulations to decrease operational risk, this panel explores how new standards can impact banks and FIs in their ESG data analysis and reporting.

Reporting & Disclosures

Panel 1: Global Challenges, Local Solutions: ESG Taxonomies in Asia

31/10/2022

By looking at the nuances between the EU and ASEAN Taxonomy and the ESG disclosure rules in the US, this panel explores how these taxonomies and disclosure rules can complement each other to potentially create a cohesive taxonomy system that can help nation states, FIs and corporates reach their ESG goals.