The CBIRC seeks to clarify the enforceability of close-out netting in China, saying the labelling of the country as a “non-netting jurisdiction” has harmed its financial institutions.
Interpol’s Rory Corcoran says environmental crime is funding global terrorism and organised crime, while also impacting the sustainability agenda.
Chairman Tim Lui says the SFC is currently evaluating ESG disclosures "much more closely" and looking for more ways to reduce opportunities for greenwashing.
HKEX provides key operational arrangement updates for FINI in a new information pack, including the onboarding requirements for market participants.
The new framework seeks to strengthen financial resilience rather than require banks to raise additional capital, APRA says.
A decision to postpone implementation of the mandatory buy-in rules under the CSDR settlement discipline regime has been agreed.
BBSW/LIBOR will shift to BBSW/SOFR in cross currency basis swaps trading, though the move presents challenges inherent to an IBOR/RFR pairing.
The bill allows targeted sanctions to be imposed to address themes such as gross human rights violations, malicious cyber activity and serious corruption.
The latest regtech adoption guide highlights challenges banks face as a result of their use of legacy systems and siloed data structures.
APRA found in a data collection exercise that 60 percent of regulated entities had not assessed IT service providers' information security control testing.