BIG PICTURE

AML / KYC

HKAA Sanctions Impact ‘Relatively Muted’, For Now: IIF

By Manesh Samtani | 29/10/2020

One of the main concerns for Chinese banks is that a loss of access to dollar finance could hamper their ability to lend to corporate customers that rely on USD financing.

Capital / Liquidity

PBOC Rules for Conglomerates to Limit Systemic Risk: Fitch

By Editors | 18/10/2020

Fitch Ratings says the new regulations for conglomerates with interests in financial services will help contain systemic risks by limiting irregular financial activities and misconduct.

Big Picture

SupTech Increasingly a Strategic Priority for Authorities: FSB

By Editors | 11/10/2020

The majority of authorities surveyed by the FSB had a SupTech, innovation or data strategy in place. SupTech is most commonly used in regulatory reporting and data management.

Big Picture

BIS Report Outlines Common Foundation for Retail CBDCs

By Editors | 11/10/2020

Any decision to launch a CBDC would depend on an informed judgment that the risks can be managed, including the risk of disintermediating banks or enabling ‘digital runs’.

Big Picture

Conduct Risk a Top Concern Among Banks, Insurers: ORX

By Editors | 06/10/2020

In retail banking, scenario development commonly featured conduct risk. In Asia Pacific, fraud has also been a significant concern among FIs.

Big Picture

ISDA Calls for Common Standards in Derivatives, SFT Markets

By Editors | 05/10/2020

The development of common standards and taxonomies will facilitate automation and interoperability across derivatives and SFT markets.

Big Picture

IBOR Phase-out Plans on Track Despite Covid: Moody’s

By Manesh Samtani | 29/09/2020

But challenges remain, including limited liquidity in ARR markets, uncertainties on term rates and credit spread adjustments, and operational issues.

Big Picture

A New Zero Tolerance Era for ESG Reporting

By Editors | 22/09/2020

As nations across the globe come to terms with understanding and tackling climate change, mandatory reporting of such risks across capital markets could well become the norm.

Securities / Derivatives

BIS Report Proposes Carbon Intensity-based Rating System

By Manesh Samtani | 20/09/2020

A new report proposes a system for labelling issuers for firm-level greenness based on carbon intensity, the ratio of carbon emissions to revenue.