Conduct, Culture & Accountability

New Consumer Duty Regime Enters into Force in UK

01/08/2023

The FCA says firms should be open and honest, avoid harm, and support consumers in pursuing their financial goals.

Credit Risk

Indian Banks Preemptively Preparing for Shift to ECL Model

01/08/2023

Some Indian banks are setting aside fresh provisions in anticipation of the planned implementation of the Expected Credit Loss framework.

Trading & Investment

CFFEX Seeks Greater Market Participation from Institutional Investors

01/08/2023

CFFEX will roll out new training, technology and incentives to better support intermediaries in servicing mid- and long-term institutional investors.

Payments & Settlements

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.

Trading & Investment

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.

Sustainable Finance

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.

Trading & Investment

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.

Data Privacy

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.

Resolution & Recovery

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.