Market Infrastructure

Bangladesh Halts InterBank Transactions Due to RTGS System Glitch

01/08/2023

Bangladesh’s RTGS system faced technical issues, halting inter-bank transactions. Transactions through the RTGS system resumed the next day.

Securities / Derivatives

CSRC Looks to Brokers for Advice on Boosting the Stock Market

01/08/2023

CSRC convened a meeting with brokerages last week to discuss ways to restore investor confidence and boost the stock market.

ESG / Sustainability

Japan FSA Seeks Industry Input on Impact Investment Guidelines

01/08/2023

The guidelines set out four key principles of impact investment, and encourages dialogue with investee companies to assist them in creating or accelerating change.

Securities / Derivatives

China Unveils Measures to Boost Innovation, Consumption and Recovery

01/08/2023

The PBOC unveiled a financial support system for technological innovation. The State Council announced measures to support consumption.

Securities / Derivatives

US Plans More Investment Curbs on China as France Bolsters Bilateral Ties

01/08/2023

Amid rising US-China tensions, Biden plans further tech investment curbs. Yet, France is fostering deeper economic cooperation with China.

Big Picture

FSB Report Addresses Challenges of Deploying Unallocated TLAC

01/08/2023

The report offers an analysis of the potential challenges associated with deploying uTLAC during periods of market-wide stress.

AML / KYC

India Supreme Court Criticises Government for Not Addressing Crypto Crime

01/08/2023

India’s Supreme Court asked the government whether it can establish a “national specialised agency” to investigate crypto-related crimes.

Capital / Liquidity

RBNZ Consults on Implementation of Deposit Takers Act

31/07/2023

RBNZ proposes a framework for ensuring proportionality in its approach to setting prudential requirements. The consultation also covers how compensation scheme levies are set.

Sanctions

EU Imposes New Russian Sanctions Targeting ‘Information Manipulation’

31/07/2023

Seven Russian individuals and five entities were sanctioned for conducting a digital information manipulation campaign.