MARKET INFRASTRUCTURE

ESG / Sustainability

IFRS Foundation, GRI to Align Sustainability Reporting Work

By Editors | 24/03/2022

The ISSB under the IFRS Foundation will publish proposed Climate and General Sustainability-related Disclosure requirements next week.

Fintech / Regtech

BIS, Central Banks Complete Development of Multi-CBDC Prototypes

By Sanday Chongo Kabange | 23/03/2022

The initial phase of Project Dunbar has proved that the concept of multi-CBDCs is technically viable, says a new project report.

Market Infrastructure

PBOC Approves First Two Financial Holding Company Licences

By Darien Choong | 22/03/2022

China CITIC Limited and Beijing Financial Holdings Group have been granted China’s first licences to establish financial holding companies.

ESG / Sustainability

US SEC Proposes to Phase In Mandatory Climate Disclosures

By Manesh Samtani | 22/03/2022

The SEC proposes that the first climate-related disclosures would be made by larger companies in 2024, for the fiscal year 2023.

ESG / Sustainability

MAS, CDP Partner to Enhance Access to Quality ESG Data

By Editors | 20/03/2022

MAS and CDP will collaborate to explore the exchange of information between CDP’s disclosure system and MAS’ Project Greenprint.

Market Infrastructure

European Commission Proposes Enhancements to CSDR

By Editors | 19/03/2022

The proposal seeks to provide more proportionate and effective rules for CSDs, while also facilitating their ability to offer cross-border services.

Market Infrastructure

ASIC Expresses “Significant Concern” Over 4-Hour Outage at ASX

By Editors | 18/03/2022

After the incident on Thursday, ASIC said it views the outage with “significant concern” due to its “significant impact” on the market, market participants and investors.

Fintech / Regtech

Australian Regulators Call for Action to Regulate Crypto Sector

By Sanday Chongo Kabange | 18/03/2022

The RBA’s Philip Lowe, ASIC’s Joe Longo and APRA’s Wayne Byres are calling additional regulation to protect consumers from risks associated with the crypto sector.

Market Infrastructure

SFC Seeks to Allow Broker Participation in GBA Wealth Connect

By Sanday Chongo Kabange | 18/03/2022

A hurdle that still needs to be overcome is that Hong Kong brokerages are currently prohibited from distribution and soliciting clients in mainland China.