MARKET INFRASTRUCTURE

ESG / Sustainability

China Issues Rules to Enable Voluntary Emissions Trading

By Editors | 11/07/2023

The proposed rules are expected to pave the way for the relaunch of a national voluntary carbon market.

Market Infrastructure

Singapore Issues Notice on Bloomberg’s Publication of MAS Recommended Rate

By Editors | 10/07/2023

The Spread Adjustment published by Bloomberg “differs slightly” for the overnight and 1-month tenor, the SC-STS explains.

Crypto / Digital Assets

BIS Issues Security and Resilience Framework for CBDC Systems

By Manesh Samtani | 10/07/2023

The framework offers a seven step model to guide central banks in designing, implementing and operating secure and resilient CBDC systems.

Capital / Liquidity

FSB to Conduct “In-depth” Review of G-SIB Resolution Framework

By Manesh Samtani | 07/07/2023

FSB members also approved the high-level recommendations for crypto-assets and stablecoins, which will be submitted to the G20 for endorsement this month.

Capital / Liquidity

BCBS Proposes Revisions to Core Principles for Effective Banking Supervision

By Manesh Samtani | 06/07/2023

The amendments cover a wide range of topics, addressing climate, digitalisation, interest rate risk, cyber risk, counterparty credit risk, and bank culture.

Market Infrastructure

EBA Publishes Validation Requirements for Initial Margin Models

By Editors | 06/07/2023

The standards include a “pragmatic and simplified” supervisory procedure applicable to smaller counterparts as well as easier documentation, governance and outsourcing requirements.

Market Infrastructure

BSP Starts Publishing Temporary Replacement Rate for LIBOR

By Editors | 06/07/2023

The new reference rate is generated by translating the 28-day BSP bill rate to its overnight equivalent.

Market Infrastructure

Korea Announces Plans to Allow New Entrants to Banking Industry

By Editors | 06/07/2023

This will be the first time in thirty years that new nationwide banks can be established in Korea, the FSC said.

Market Infrastructure

Australia Launches New Foreign Ownership Register

By Editors | 06/07/2023

Investors need to notify the new Register within 30 days after they acquire or dispose of an interest or there is a change of at least 5 percent in the interest.