MARKET INFRASTRUCTURE

    ESG / Sustainability

    FSB Finalises Guidance on Climate-related Financial Risks

    By Editors | 13/10/2022

    The guidance covers the collection of data from FIs, supervisory tools such as scenario analysis, and the development of macroprudential tools.

    Big Picture

    IMF Says Global Environment is Fragile, Storm Clouds Brewing

    By Editors | 12/10/2022

    Up to 29 percent of emerging market banks would breach their capital requirements in a severe global recession.

    Market Infrastructure

    UK Court Allows Legal Actions Against LME to Proceed

    By Editors | 12/10/2022

    The LME says the decision to allow the Elliott and Jane Street cases to proceed is “entirely procedural” and “in no way a ruling on the merits” of the claims.

    ESG / Sustainability

    ISSB on Track to Finalise Standards in Q1 2023

    By ESG Investor | 12/10/2022

    The ISSB is listening to asset owner feedback on draft sustainability disclosure standards, according to Katie Schmitz Eulitt.

    Market Infrastructure

    FSB Updates G20 on Work to Strengthen Financial System Resilience

    By Editors | 12/10/2022

    FSB chair Klaas Knot says the outlook for global financial stability remains challenging, citing tighter financial conditions and higher inflation.

    Market Infrastructure

    EMIR Refit Technical Standards Published in Official Journal

    By Editors | 12/10/2022

    Under the standards, reporting of the CDE, LEIs, ISINs, UTIs and UPIs to trade repositories are mandated, in XML format using ISO 20022.

    Fintech / Regtech

    Worldline, NPCI to Enable Indian UPI Payments Across Europe

    By Editors | 12/10/2022

    The first target markets are set to include Benelux (Belgium, the Netherlands, and Luxembourg) and Switzerland, with further plans for expansion.

    Enforcement

    UK FCA Queries Banks About Staff Messaging Practices

    By Editors | 12/10/2022

    The queries come after US regulators collected over $2bn in combined penalties from firms for failures to maintain, preserve, or produce staff communication records.

    Market Infrastructure

    FSB Unveils Proposed Global Regulatory Framework for Crypto

    By Editors | 12/10/2022

    The framework covers all crypto-asset activity, as well as associated issuers and service providers, that have the potential to pose financial stability risks.

    Market Infrastructure

    EMMI Sets Launch Date for Euro Forward-looking Term Rate

    By Editors | 11/10/2022

    ICE Benchmark Administration has been appointed as the calculation agent for EFTERM, which will launch on 14 November 2022.

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