Market Infrastructure

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.

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.