MARKET INFRASTRUCTURE

Market Infrastructure

US Formalises Requirements for CFIUS Reviews to Assess Cyber, Data Risks

By Manesh Samtani | 16/09/2022

CFIUS will have to consider five new sets of national security concerns when reviewing foreign investments in the US.

Market Infrastructure

SBI to Facilitate Rupee Mechanism for Exports to Russia

By Editors | 16/09/2022

Russia still has to identify its own corresponding banks to help facilitate trade with India, but this is expected to be announced in the next two weeks.

Crypto / Digital Assets

MAS Launches New Transformation Map for Financial Industry

By Editors | 16/09/2022

MAS will promote the FX trading ecosystem, enhance fund structures, support fintechs, improve its bond infrastructure, and scale up sustainable and transition financing.

Market Infrastructure

Australia Details Issues Under Scrutiny in Central Bank Review

By Editors | 15/09/2022

The review will consider the RBA’s current board structure, governance, and decision-making effectiveness and transparency.

Market Infrastructure

BIS Explores How Central Banks View Cyber Threat Landscape

By Manesh Samtani | 15/09/2022

Central banks are prioritising investment in technical security control and resiliency, embracing risk management concepts, and adopting ‘zero-trust’ models.

Securities / Derivatives

US SEC Proposes Measures to Boost Treasury Market Resiliency

By Editors | 15/09/2022

Clearinghouse members will be required to push their clients’ secondary market trades and margins collected through the clearinghouse.

Crypto / Digital Assets

Asset Tokenisation Increasingly Relevant in ‘Crypto Winter’ – Report

By Manesh Samtani | 14/09/2022

A new report from BCG and ADDX projects a 50-fold increase in tokenised assets by 2030, bringing the market’s value to over $16 trillion.

Market Infrastructure

Japan FSA Proposes New Derivatives Reporting Guidance

By Editors | 14/09/2022

The draft guidelines explain the data fields that need to be included in reporting, along with technical specifications and best practices for reporting.

Market Infrastructure

Australia Reintroduces Legislation for Financial Accountability Regime

By Editors | 13/09/2022

If the legislation passes, the FAR will apply to banks six months after commencement, and to insurance and superannuation 18 months after commencement.