Capital / Liquidity

India Supreme Court Temporarily Extends Borrower Relief

11/09/2020

The extension gives the government two weeks to decide on whether to extend a loan moratorium for borrowers and whether an interest waiver is warranted.

ESG / Sustainability

NGFS Seeks Wider Adoption of Environmental Risk Analysis at FIs

10/09/2020

The NGFS is calling for wider use of ERA in the financial industry, offering case studies to showcase the adoption of ERA tools and methodologies by some FIs.

Fintech / Regtech

Thailand Starts Issuing Govt Savings Bonds on Blockchain

10/09/2020

The new scripless bond platform enhances investors’ buying experience, improves operational efficiency and reduces overall cost, the BOT said.

AML / KYC

EBA Calls for Harmonised AML/CFT Framework Across EU

10/09/2020

Responding to a European Commission call for advice, the EBA says it recommends the establishment of a single rulebook to harmonise the AML/CFT framework across the EU.

Securities / Derivatives

China NIFC Issues Rules for Anonymous Bond Auctions

10/09/2020

Anonymous bond auctions are typically used to dispose of defaulted bonds at a discount, without the seller having to reveal their identity to the buyer.

ESG / Sustainability

IOSCO to Harmonise Global ESG Disclosure Frameworks – Report

10/09/2020

A new IOSCO taskforce will work to identify commonalities across sustainability disclosure standards from across the world to develop principles-based guidelines.

Securities / Derivatives

BSP to Start Issuing Debt Securities Next Week

10/09/2020

The BSP’s authority to issue its own debt paper was restored through legislation passed last year. The first auction of BSP securities will take place on 18 September.

AML / KYC

FIA Releases Surveillance and Market Abuse Guidelines

09/09/2020

The guidelines cover requirements relating to monitoring, surveillance systems and the filing of suspicious transaction and order reports under the EU’s Market Abuse Regulation.

Capital / Liquidity

APRA Formalises Updated Guidance on Treatment of Deferred Loans

09/09/2020

Banks need not treat deferred loans as past due or impaired for capital or reporting purposes until after 31 March. New reporting requirements now apply.