ESG / Sustainability

ICVCM Publishes Standards for Carbon Credit Certifiers

04/04/2023

The first batch of carbon offsets carrying ICVCM’s stamp of approval is expected to be available by year-end.

AML / KYC

KoFIU Shares Findings from On-site Inspections at VASPs

04/04/2023

KoFIU issued reprimands, cautions and KRW 490 million in fines against five crypto exchanges, executives and employees.

APRA Reviews Data Collection on Access to Bank Branches

04/04/2023

The review is aimed at identifying ways APRA’s Points of Presence data collection can better capture indicators on how banking services are accessed.

Market Infrastructure

UK FCA Announces Decision on Synthetic USD LIBOR Rates

04/04/2023

1-, 3- and 6-month synthetic USD LIBOR rates will continue to be published for 15 months after the USD LIBOR bank panel ceases on 30 June.

Securities / Derivatives

CME Group Launches Offshore Yuan Options Contracts

04/04/2023

Traders no longer view the yuan as an emerging-market currency like it was ten years ago, said Chris Povey.

Market Infrastructure

CSRC Finalises New Rules for Futures Exchanges

03/04/2023

New requirements cover product listings, programmatic trading, internal governance, risk monitoring, emergency planning, and financial management, among other areas.

Capital / Liquidity

RBNZ Finalises Framework for Imposing DTI-based Lending Curbs

03/04/2023

Banks have 12 months to prepare their systems for the possible implementation of mortgage lending restrictions based on debt-to-income ratios.

Securities / Derivatives

CSRC Tightens Rules for Bond Funds to Reduce Risk

03/04/2023

New bond funds can only invest up to 20 percent of portfolios in bonds rated AA+, compared with 50 percent previously.

ESG / Sustainability

Hong Kong Exchange Lists First Ever Catastrophe Bond

03/04/2023

The $350mn catastrophe bond offers protection against losses related to earthquake risks in Chile over the next three years.