Market Infrastructure

Market Infrastructure

CBIRC Grants Mapfre Re Approval to Set Up Beijing Subsidiary

By Editors | 22/08/2022

The Spanish reinsurer said the approval will allow it to increase its business operations in China, where it so far only has a representative office.

ESG / Sustainability

Perspectives from China: The Green Wave

By Bradley Maclean | 21/08/2022

Research by S&P Global and Regulation Asia found that the quality of corporate ESG disclosure is seen to be lacking in China.

Fintech / Regtech

RBI Consults on Charges Levied in Payment Systems

By Sanday Chongo Kabange | 18/08/2022

The RBI carried out a review of payment system charges, which consumers complain are “high and non-transparent”.

Market Infrastructure

HKEX to Drive Growth Through New Products, Listing Reforms

By Editors | 18/08/2022

HKEX reported its lowest interim profit since 2017, attributed mostly to investment losses and lower fees from securities trading and IPOs.

Market Infrastructure

FCA Calls on Issuers to Transition Remaining LIBOR Bonds

By Editors | 18/08/2022

Issuers of remaining GBP, JPY and USD LIBOR-linked bonds should initiate consent solicitation processes, and not rely on synthetic rates.

Market Infrastructure

Perspectives from China: The Shifting Regulatory Landscape

By Bradley Maclean | 17/08/2022

Research by S&P Global and Regulation Asia highlighted a refocus towards common prosperity type products and services, and a trend towards digital transformation.

AML / KYC

Moscow Reopens Bond Market to ‘Friendly’ Nations

By Manesh Samtani | 17/08/2022

Investors from “unfriendly” countries remain subject to capital controls banning them from selling or collecting payments on Russian securities.

Market Infrastructure

CFTC Removes Clearing Requirement for LIBOR Swaps

By Editors | 16/08/2022

Mandatory clearing requirements will instead apply to interest rate swaps referencing SARON, TONA, €STR, SOFR and SORA.

ESG / Sustainability

Australia Needs National Carbon Market Strategy – Report

By Editors | 16/08/2022

The government should publish a national strategy that helps embed decarbonisation in everyday decision-making and upholds the integrity of offsets, the Climate Change Authority says.