Market Infrastructure

HKEX Issues Final Guidance Ahead of VaR Platform Launch

09/06/2022

The information package will help clearing participants make final preparations for the launch of the new new risk engine on 13 June.

Crypto / Digital Assets

US SEC Reportedly Probing Binance 2017 Token Offering

09/06/2022

The SEC is also investigating market making companies owned by Binance’s CEO and whether company insiders may have engaged in trading abuses.

Securities / Derivatives

CBIRC Fines Two Banks, Wealth Management Subsidiaries

09/06/2022

Bank of China, China Everbright Bank, and their two wealth management subsidies were fined a total of almost CNY 15 million.

RBA Raises Interest Rates the Most in 22 Years

09/06/2022

Australian Treasurer Jim Chalmers suggested that inflation could worsen and more rate hikes could come.

ESG / Sustainability

Taiwan Banks to Undergo Climate Change Stress Tests in 2023

08/06/2022

The local banking association is developing the climate-change stress tests, the content of which will be finalised by the end of this year.

Capital / Liquidity

FSB Works to Develop Systemic Approach to NBFI Risks

08/06/2022

The FSB explains the sources of risk in the NBFI sector, and the data, tools and policy approaches available to monitor and address these risks.

Big Picture

Old Misconduct Patterns Are Repeating in New Settings: FMSB

08/06/2022

Forms of misconduct which have been present for hundreds of years are playing out in new digital asset classes, including crypto assets and NFTs.

ESG / Sustainability

EU Lawmakers Agree Gender Diversity Directive

08/06/2022

The law will require EU listed companies to have women take up at least 40% of non-executive board seats, or 33% of all director posts, by mid-2026.

ESG / Sustainability

Temasek Launches New Climate Impact Investment Platform

08/06/2022

Temasek has committed an initial SGD 5 billion which will be invested in technology- and nature-based solutions as well as carbon ecosystem enablers.