Emerging Prudential Risks

Fed Warns of Spillover Risk from China Property Markets

09/11/2021

Financial stresses in China could strain global financial markets and affect the US, the Federal Reserve says in its financial stability report.

Emerging Prudential Risks

BCBS Offers Progress Update on Climate, Cryptoasset Work

09/11/2021

The BCBS will issue a consultation this month on the effective management and supervision of climate-related financial risks at internationally active banks.

Clearing & Post-Trade

India Recalibrates Approach to Shortening Settlement Cycle

09/11/2021

T+1 settlement will now be introduced in a phased manner, starting with the smallest stocks on 25 February, and ending with the biggest stocks around January 2023.

Payments & Settlements

HK, Mainland Expand Connectivity of Trade Finance Platforms

09/11/2021

Phase 1 connectivity supported exports to Hong Kong and imports from the Mainland, while phase 2 will cover exports to the Mainland and imports from Hong Kong.

Trading & Investment

IBA Publishes Production Version of SOFR ICE Swap Rate

09/11/2021

The US dollar SOFR ICE Swap Rate will help the USD non-linear derivatives market in its ongoing transition to SOFR, said IBA president Tim Bowler.

Clearing & Post-Trade

FIA Calls for Greater Standardisation in Futures, Options Markets

08/11/2021

FIA recommends forming an independent standards body to start developing standards for trading and clearing of exchange-traded derivatives.

Climate Risk

BIS Launches Climate Training Portal for Central Banks

08/11/2021

The training will initially cover climate-related risk drivers, transmission channels, measurement methodologies, bank stress testing, insurance sector supervision, and TCFD disclosures.

Conduct, Culture & Accountability

NZ FMA Expects Proactive Self-reporting of Misconduct Issues

08/11/2021

The minimum expectation for good conduct risk management is for firms to self-report potential breaches to the FMA, said acting general counsel Karen Chang.

Cloud & Infrastructure

MAS: SGFinDex Extended to Include Investment Holdings Data

08/11/2021

Individuals can now view information on their investment holdings at SGX’s central depository as part of their consolidated financial position.