MARKET INFRASTRUCTURE

ESG / Sustainability

UK, Singapore Bolster Cooperation on Data Flows, Financial Services

By Editors | 01/03/2022

The UKSDEA promotes free flows of data between the UK and Singapore including in financial services. Both countries will work towards recognising each other’s digital identity systems.

Market Infrastructure

IMF to Launch New Data Gaps Initiative Later This Year

By Mark Johnston | 01/03/2022

A draft work plan for the new Data Gaps Initiative, which seeks to improve the availability of data for policymaking, focuses on four topics including climate change.

Market Infrastructure

ISDA Publishes Documentation to Align Derivatives, SFT Markets

By Editors | 28/02/2022

The new definitional booklet and related set of provisions will enable allow firms to document derivatives and securities financing transactions under a single ISDA Master Agreement.

Capital / Liquidity

RBA to Adjust Liquidity-Providing Market Operations

By Editors | 27/02/2022

The RBA will adjust the way it sets interest rates for repo transactions with banks and shorten the maximum tenor to four weeks.

Market Infrastructure

BSP Issues Revised Outsourcing Rules for Banks

By Editors | 27/02/2022

Banks need BSP approval to enter into material outsourcing arrangements. They must also conduct periodic assessments to ensure outsourcing risks are properly managed.

Market Infrastructure

China Continues Work to Defend Against Property Sector Woes

By Manesh Samtani | 24/02/2022

Lenders are being asked to accelerate lending to homebuyers and developers. Bad debt managers are being asked to buy up property assets and help restructure smaller lenders.

Market Infrastructure

ANNA Confirms Timeline for Implementing Revised ISIN Standard

By Editors | 24/02/2022

A highlight of the revised ISO 6166 ISIN standard is the formal inclusion of LEI, CFI and FISN as part of the minimum data record.

Market Infrastructure

PBOC Warns Credit Repair Firms Against Cheating Customers

By Sanday Chongo Kabange | 23/02/2022

Credit-repair service providers have been falsely telling customers they can change the information in the PBOC’s credit reporting system and delete records relating to overdue debts from credit reports.

Market Infrastructure

HK Budget Includes More Borrower Relief, Capital Market Reforms

By Manesh Samtani | 23/02/2022

Finance Secretary Paul Chan announced measures to further reform Hong Kong’s listing rules, promote the bond market, and introduce yuan share trading in the city.