Market Infrastructure

Market Infrastructure

RBI to Simplify E-Commerce Payment Settlement Process

By Editors | 15/04/2022

Foreign entities seeking to operate as payment gateways and aggregators for e-commerce-related export and import transactions would have to be authorised in India.

ESG / Sustainability

Canada to Require Climate Disclosures for FIs from 2024

By Editors | 14/04/2022

The OSFI will consult financial institutions on climate disclosures guidelines that will phase in mandatory TCFD-aligned reporting beginning in 2024.

Crypto / Digital Assets

ASEAN Ministers, Central Banks Prioritise Financial Stability, Inclusion

By Sanday Chongo Kabange | 14/04/2022

Finance ministers and central bankers have committed to promoting financial stability, financial inclusion and banking integration in the ASEAN region.

Fintech / Regtech

DTCC to Explore Use of CBDC in Clearing and Settlement

By Sanday Chongo Kabange | 14/04/2022

Project Lithium will explore how a CBDC can reduce counterparty risk and trapped liquidity, increase capital efficiency and enable atomic settlement.

Market Infrastructure

Singapore Starts Licensing Cybersecurity Service Providers

By Darien Choong | 14/04/2022

Firms that provide penetration testing or managed security operations centre monitoring services have to apply for a licence by 11 October.

ESG / Sustainability

European Commission Consults on ESG Ratings Market

By Editors | 13/04/2022

The consultation will feed into an impact assessment being prepared this year to evaluate whether a policy initiative on ESG ratings is needed.

Market Infrastructure

HKEX Set to Launch New Electronic Communication Platform

By Editors | 12/04/2022

Phase 1 of the rollout will allow exchange participants to use the new platform to download day-end trade files and closing price files, starting from 25 April.

Market Infrastructure

DSB Publishes Draft Legal Documentation for Future UPI Users

By Manesh Samtani | 12/04/2022

The expected UPI reporting timeline has been revised to late Q4 2023 instead of Q3 2022, which the DSB says will help market participants’ implementation efforts.

Big Picture

IMF Updates Climate Change Indicators Dashboard

By Editors | 12/04/2022

Major updates to the dashboard include introducing new indicators as well as updating data for the existing indicators.