Market Infrastructure

ESG / Sustainability

ICMA Introduces Voluntary Code of Conduct for ESG Ratings

By Ranamita Chakraborty | 15/12/2023

Aligned with IOSCO recommendations, the code seeks to improve transparency and trust in sustainable finance by promoting consistent global standards.

Fintech / Regtech

RBA Sets Out Focus Areas for Upcoming Payments System Review

By Editors | 15/12/2023

The key focus areas for next year’s review are mobile wallets, BNPL services, and least-cost routing, Michele Bullock said.

Securities / Derivatives

IOSCO Proposes Good Practices for Handling Market Outages

By Editors | 14/12/2023

IOSCO’s new consultation report identifies five good practices for trading venues to consider for improving market-wide resilience during an outage.

Securities / Derivatives

US SEC Adopts New Clearing Rules for Treasury Market

By Editors | 14/12/2023

The rule changes, designed to reduce the potential for systemic risk, will require more Treasury market trades to be centrally cleared.

Market Infrastructure

Indonesia, Korea Finalise Rules for Local Currency Transactions

By Mark Johnston | 14/12/2023

The two countries unveil operational guidelines that will implement a local currency transactions framework in 2024.

Market Infrastructure

Korea Eases Market Access Requirements for Foreign Investors

By Manesh Samtani | 14/12/2023

The foreign investor registration requirement is abolished and reporting requirements applicable to omnibus accounts have been eased.

Fintech / Regtech

China, Hong Kong Streamline Personal Data Sharing Across GBA

By Manesh Samtani | 14/12/2023

A standard contract will be piloted this month to allow personal data to be transferred within the GBA in a safe and orderly manner.

Market Infrastructure

Shenzhen, Abu Dhabi Agree to Cooperate on Capital Markets

By Manesh Samtani | 14/12/2023

The exchanges will explore cooperation on index and fixed-income products, ETF product interoperability, and depositary receipts.

Market Infrastructure

RBNZ Returns to Single Mandate, Renewing Focus on Inflation

By Editors | 14/12/2023

The RBNZ was tasked with a dual mandate in 2018, targeting both low inflation and full employment. “This change was a mistake,” said Finance Minister Nicola Willis.