Data Privacy

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.

Payments & Settlements

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.

Credit Risk

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.

Trading & Investment

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.

Reporting & Disclosures

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.

Clearing & Post-Trade

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.

Payments & Settlements

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.

Trading & Investment

Macau Explores Establishment of Securities Market

06/06/2019

The move will help Macau diversify away from gaming as its main source of revenue, and align the territory with China’s plans for the Greater Bay Area.

Structural Regulation

SSE Approves First Three Companies to List on New Tech Board

06/06/2019

The three companies are among 117 that have so far applied for a listing. The three will now have to file listing registrations with the CSRC.