Clearing & Post-Trade

Industry Groups Collaborate to Plan Move to T+1 in US Equities

01/05/2021

SIFMA, ICI and DTCC plan to complete their analysis on the next steps needed to shorten the settlement cycle in US equities by the end of Q3 2021.

Sustainable Finance

LuxSE Displays First Sustainability Bond from Thailand on LGX

30/04/2021

Thailand opted to list the sustainability bond on the Luxembourg Green Exchange to strengthen access to the international investor community.

CBDCs

MAS to Explore Options for Connecting m-CBDC Platforms

30/04/2021

MAS is partnering with the BIS Innovation Hub and central banks to design, develop and test new m-CBDC models for cross-border settlement.

Sustainable Finance

HK Green Banks Alliance Hosts First Roundtable

29/04/2021

HKMA Chief Eddie Yue urged banks to transform into ‘green banks’. HSBC and BOCHK announced plans to expand their green finance business.

Credit Risk

Bank Losses from Archegos Collapse to Exceed $10bn

29/04/2021

New disclosures from UBS and Nomura have raised estimates of the total losses to banks to over $10.5bn.

CBDCs

China: Fintech Giants Pledge to Support Digital Yuan Push

28/04/2021

Ant Group, Tencent, Huawei and JD.com have revealed that they were involved in the development and testing of the digital yuan.

Structural Regulation

Shanghai Court Granted Jurisdiction to Hear Cross-border Cases

27/04/2021

The Shanghai Financial Court is the second Chinese court allowed to handle disputes involving overseas securities and financial institutions.

CBDCs

Macau Amends Legal Framework to Enable Digital Yuan Adoption

27/04/2021

Use of the fully traceable digital yuan will help Chinese authorities curb money laundering and illicit cross-border gambling.

Trading & Investment

HK, China to Launch Southbound Bond Connect in July – Report

27/04/2021

The relevant regulations will reportedly be issued in May, with a view to launching the southbound bond trading link on 2 July.