MARKET INFRASTRUCTURE

    Crypto / Digital Assets

    BISIH to Tackle Key CBDC Challenges with Project Tourbillon

    By Editors | 14/11/2022

    Project Tourbillon aims to reconcile trade-offs between cyber resiliency, scalability, and privacy through experimentation with a prototype CBDC.

    Capital / Liquidity

    India Resists ESMA Requirements on CCP Recognition – Reports

    By Manesh Samtani | 14/11/2022

    ESMA decision will block EU banks from dealing with Indian CCPs after 30 April 2023. India faces similar standoffs with UK and Japanese regulators.

    Big Picture

    FSB Letter to G20 Highlights Risks from Debt, Crypto, Climate

    By Manesh Samtani | 13/11/2022

    The FSB is concerned with record-high debt levels, structural vulnerabilities in crypto, and climate-related financial risks.

    Capital / Liquidity

    ESMA Recognises TAIFEX as QCCP Under EMIR

    By Editors | 11/11/2022

    The recognition lowers capital requirements and makes managing counterparty risk easier for EU financial institutions participating in Taiwan’s market.

    Capital / Liquidity

    FSB Sets Out Policy Proposals to Address Systemic Risk in NBFI

    By Editors | 11/11/2022

    The report offers policy proposals to address systemic risk in NBFI, highlighting recent strains in commodities and bond markets.

    ESG / Sustainability

    Net-Zero Data Public Utility to Launch as Beta in H2 2023

    By Editors | 11/11/2022

    The Climate Data Steering Committee has set out the necessary foundational data that will be included in the initial phase of the NZDPU.

    Market Infrastructure

    FIA Urges Careful Use of Circuit Breakers in Energy Markets

    By Sanday Chongo Kabange | 10/11/2022

    FIA is supportive of using circuit breakers to manage disorderly markets but not as tools to control or cap prices.

    ESG / Sustainability

    IOSCO Offers Recommendations on Scaling Up Carbon Markets

    By Manesh Samtani | 10/11/2022

    In two separate consultation reports, IOSCO explores measures to bolster the transparency, integrity and resilience of mandatory and voluntary carbon markets.

    ESG / Sustainability

    ISSB Outlines Plans to Prepare Market for New Standards

    By Manesh Samtani | 10/11/2022

    ISSB launches capacity building initiative. CDP to adopt ISSB standard on environmental disclosure platform. IOSCO to “promptly” decide on endorsement.

    Crypto / Digital Assets

    Thai SEC: Revised IT Security Rules to Take Effect in July 2023

    By Editors | 08/11/2022

    The SEC has strengthened the obligations of capital markets and digital assets firms to supervise and manage the risks to their IT systems.

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