Big Picture

Fed Warns of Spillover Risk from China Property Markets

09/11/2021

Financial stresses in China could strain global financial markets and affect the US, the Federal Reserve says in its financial stability report.

Capital / Liquidity

BCBS Offers Progress Update on Climate, Cryptoasset Work

09/11/2021

The BCBS will issue a consultation this month on the effective management and supervision of climate-related financial risks at internationally active banks.

Market Infrastructure

India Recalibrates Approach to Shortening Settlement Cycle

09/11/2021

T+1 settlement will now be introduced in a phased manner, starting with the smallest stocks on 25 February, and ending with the biggest stocks around January 2023.

Fintech / Regtech

HK, Mainland Expand Connectivity of Trade Finance Platforms

09/11/2021

Phase 1 connectivity supported exports to Hong Kong and imports from the Mainland, while phase 2 will cover exports to the Mainland and imports from Hong Kong.

Market Infrastructure

IBA Publishes Production Version of SOFR ICE Swap Rate

09/11/2021

The US dollar SOFR ICE Swap Rate will help the USD non-linear derivatives market in its ongoing transition to SOFR, said IBA president Tim Bowler.

Big Picture

FIA Calls for Greater Standardisation in Futures, Options Markets

08/11/2021

FIA recommends forming an independent standards body to start developing standards for trading and clearing of exchange-traded derivatives.

ESG / Sustainability

BIS Launches Climate Training Portal for Central Banks

08/11/2021

The training will initially cover climate-related risk drivers, transmission channels, measurement methodologies, bank stress testing, insurance sector supervision, and TCFD disclosures.

Enforcement

NZ FMA Expects Proactive Self-reporting of Misconduct Issues

08/11/2021

The minimum expectation for good conduct risk management is for firms to self-report potential breaches to the FMA, said acting general counsel Karen Chang.

Fintech / Regtech

MAS: SGFinDex Extended to Include Investment Holdings Data

08/11/2021

Individuals can now view information on their investment holdings at SGX’s central depository as part of their consolidated financial position.