Market Infrastructure

Market Infrastructure

Malaysia SC Revises Guidelines for Credit Rating Agencies

By Editors | 11/01/2023

The revised guidelines introduce higher standards on governance, internal controls and integrity in rating processes and assessments.

ESG / Sustainability

ICMA, CCDC Take Stock of ESG Practices in China

By Manesh Samtani | 10/01/2023

White paper calls for more consistent ESG-related standards, a uniform disclosure template for companies, and measures to boost foreign participation.

Market Infrastructure

BaFin Orders Deutsche Börse Entities to Remedy Deficiencies

By Editors | 10/01/2023

Business organisation and risk management deficiencies were identified at Eurex Clearing, Clearstream Banking and Clearstream Holding.

Crypto / Digital Assets

ECB Seeks Experts to Help Draft CBDC Rulebook

By Editors | 09/01/2023

The Rulebook Development Group will commence work in February 2023, comprising Eurosystem staff and market representatives with relevant experience.

Crypto / Digital Assets

GDF Proposes Voluntary Standards for Global Cryptoasset Market

By Manesh Samtani | 09/01/2023

In designing the standards, the GDF has leveraged the framework and high-level principles existing in the FX Global Code.

Market Infrastructure

China Allows Cities With Falling Home Sales to Lower Mortgage Rates

By Editors | 06/01/2023

China’s FSDC has also told banking and securities regulators to ensure extra support is provided to “systemically important” property developers.

Capital / Liquidity

China Set to Implement New Financial Stability Law This Year

By Editors | 05/01/2023

The law will create a financial stability guarantee fund, set out clear risk prevention and disposal responsibilities for financial institutions, and introduce a resolution regime for SIFIs.

Market Infrastructure

RBI Working to Mitigate Risks from ESMA Decision on Indian CCPs

By Mark Johnston | 05/01/2023

The RBI said it is engaging with European regulators and discussing “alternate arrangements” to avert a market disruption that could result from ESMA’s derecognition of Indian CCPs.

Market Infrastructure

CBIRC Proposes Stricter Rules for Banks’ Custody Businesses

By Editors | 04/01/2023

The draft rules strengthen requirements on internal governance, risk management systems, data protection and security controls within banks’ custody businesses.