BIG PICTURE

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Industry Taskforce Publishes Blueprint for Creating Carbon Market

By Editors | 02/02/2021

The blueprint comprises 20 tangible actions to deliver a large-scale, voluntary carbon market and a roadmap for implementation.

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Asset Price Correction Could Jeopardise Financial Stability: IMF

By Editors | 31/01/2021

Policymakers should be prepared for the risks of a market correction as complacent investors bet on continued policy support and drive up valuations, the IMF warns.

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More Central Banks Advancing CBDC Work: BIS Report

By Manesh Samtani | 29/01/2021

CBDCs need to be linked to a digital identity in order to be useful in achieving financial inclusion, said BIS general manager Agustín Carstens.

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BigTechs in Finance Needs More Comprehensive Regulatory Approach

By Manesh Samtani | 28/01/2021

Rules for designating financial institutions as systemically important should be redefined so they can be applied to BigTech entities, says Agustín Carstens.

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China Access Channels for Foreign Institutional Investors: ASIFMA

By Editors | 27/01/2021

New ASIFMA paper looks at the various investment access channels for foreign institutional investors investing in China’s capital markets.

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Regulatory Intervention Needed for JPY LIBOR Transition – Fitch

By Editors | 25/01/2021

Japan’s decision to keep TIBOR may slow the adoption of TONA, lengthening the time needed to generate liquidity in TONA derivatives and establish forward-looking TONA rates.

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Credit Quality Assessment a Challenge for China Bond Investors

By Manesh Samtani | 19/01/2021

Challenges assessing the credit quality of underlying corporates in China’s onshore bond market has been one of the key barriers for foreign investors, ICMA says in a new report.

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Covid-19 Has Changed the Cyber Threat Landscape: BIS

By Manesh Samtani | 15/01/2021

During the pandemic, there was a strong link between the prevalence of work-from-home arrangements and the incidence of cyber attacks, particularly at financial institutions.

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Calls to Recalibrate CCP Margin Models Are Misplaced: WFE

By Editors | 14/01/2021

The procyclicality of initial margin models is a property of the system as a whole and so requires system-wide solutions, the WFE says in a new paper.