Big Picture

IOSCO Publishes Recommendations on Sustainable Finance

08/06/2019

The report identifies the prerequisites for creating an ecosystem that facilitates sustainable finance, and sets out 10 recommendations for growth and emerging markets.

Capital / Liquidity

SEBI Mulls Liquidity Buffer Requirement for Funds

08/06/2019

The proposal could require all liquid funds to invest a fixed portion of their assets in government securities or other sovereign debt.

Fintech / Regtech

Philippines: Online Lenders to Adopt Code of Conduct

08/06/2019

The pledge comes after 48 online lenders were cited for using customers’ personal data to publicly shame people who did not settle their debts on time.

Market Infrastructure

UPDATED – RBI Removes RTGS, NEFT Fund Transfer Fees

07/06/2019

Industry players and banking experts say the move will not only boost digital payments, but also make transactions faster, safer and cost-effective.

Market Infrastructure

China Urges Private Firms to Swap Debt for Equity

07/06/2019

China’s debt-to-equity swaps programme has been dominated by state enterprises. More private companies are now being encouraged to participate to reduce short-term repayment pressures.

Market Infrastructure

FSB Publishes User Guide to Overnight Risk Free Rates

07/06/2019

The user guide provides an overview of RFRs, details on how they are calculated, and options on how they can be used in cash products.

Market Infrastructure

FSB TCFD: Not Enough Companies Disclosing Climate Risk Information

07/06/2019

The Task Force said some of the results of its disclosure review and survey are encouraging, but not enough companies are disclosing decision-useful climate-related financial information.

Market Infrastructure

CPMI-IOSCO Paper on CCP Default Management Auctions

07/06/2019

The discussion paper describes the considerations CCPs take into account when planning and conducting default management auctions.

Market Infrastructure

RBI Publishes Payment Systems Benchmarking Report

06/06/2019

Further efforts are needed to reduce paper clearing  and improve acceptance infrastructure (e.g. PoS devices) to enhance digital payments.