MARKET INFRASTRUCTURE

Market Infrastructure

APRA Details Plans to Modernise Prudential Architecture

By Editors | 13/09/2022

APRA will modernise its guidance for banks, insurers and superannuation funds to make it easier to understand and comply with.

Capital / Liquidity

PBOC Approves Third Financial Holding Company Licence

By Editors | 13/09/2022

A subsidiary of state-owned China Merchants Group has been granted a financial holding company licence.

ESG / Sustainability

MAS, SGX Launch Digital Disclosure Portal for ESG Data

By Manesh Samtani | 12/09/2022

ESGenome will reduce the effort required of listed entities to report on sustainability, assess impact, and drive informed decision making.

Fintech / Regtech

Singapore-India Real-time Payments Launch Delayed to December

By Editors | 12/09/2022

At least five Indian banks are reportedly in talks with Singapore’s DBS regarding the PayNow-UPI linkage, which was initially meant to launch in July 2022.

Fintech / Regtech

HKMA, BOT Exploring Cross-border Payments Arrangement

By Editors | 12/09/2022

Visitors would be able to use their home faster payment system to pay for shopping and food in each other’s markets via their mobile phones.

Market Infrastructure

CPMI Issues Update on ISO 20022 Harmonisation Work

By Manesh Samtani | 12/09/2022

High-level harmonisation requirements for cross-border payments will take effect in 2025, and be adopted by all existing usage guidelines.

Securities / Derivatives

CPMI, IOSCO Consider Ways to Boost Client Clearing Access

By Editors | 08/09/2022

Practices to facilitate porting need to be further developed to ensure clients can continue to access clearing in the event of an intermediary default.

Market Infrastructure

CPMI Offers Central Banks Guidance on Liquidity Bridges

By Editors | 08/09/2022

Central bank liquidity bridges can reduce FX, credit, financial stability risks, and enhance cross-border payments by reducing funding costs.

Market Infrastructure

JPX, CFFEX Agree to Cross-Promote Derivatives Products

By Editors | 08/09/2022

The arrangements includes the promotion of derivatives trades to enhance the liquidity of ETFs listed under the Japan-China ETF Connectivity scheme.