Market Infrastructure

ASIC Proposes Updates to Modernise ePayments Code

25/05/2021

ASIC proposes to add flexibility to the code to allow it to tailor data requests based on priorities and issues of concern.

ESG / Sustainability

EBA Publishes Results of Pilot Exercise on Climate Risk

25/05/2021

The first gauge of the EU aggregated green asset ratio was estimated at 7.9%. Over half of banks’ overall exposures are to sectors that might be sensitive to transition risk.

Market Infrastructure

G7 Close to Deal on Global Minimum Corporate Tax Rate

24/05/2021

A US Treasury’s proposal to accept a global minimum corporate tax rate of 15% has reportedly been met with enthusiasm in Europe.

AML / KYC

Guangdong Restricts Collection of Data in Social Credit Ratings

24/05/2021

The new regulations bar the collection of information on consumers’ religion, blood type, diseases, medical history and biometrics.

Securities / Derivatives

Philippine Bourse Ordered to Show Progress on SME Listings

24/05/2021

The order from the DOF follows the introduction of new listing rules in March, which are aimed at encouraging greater SME participation in the stock market.

AML / KYC

US Treasury Paper Outlines Proposal for New Tax Reporting Regime

24/05/2021

The paper proposes that transfers involving crypto assets worth more than USD 10,000 be reported to the IRS under the new reporting regime.

ESG / Sustainability

TDCC, Glass Lewis Announce Partnership on Proxy Reports

24/05/2021

The initiative will enable the TDCC to provide Taiwan issuers with proxy research reports, which will help to enhance transparency for investors.

Market Infrastructure

Hainan Unveils 3-Year Plan to Improve Investment Environment

24/05/2021

The Hainan action plan encourages regional businesses to pursue financing by listing on both domestic and overseas exchanges.

Big Picture

Infrastructure Critical for Successful CBDC Development – Report

22/05/2021

A new report analyses the four axes of consideration for the design features of all CBDCs, as proposed by the IMF, and the implications each choice has on infrastructure.