MARKET INFRASTRUCTURE

Market Infrastructure

BNM Proposes New Rules For Payment System Operators

By Mark Johnston | 17/12/2021

BNM proposes governance, risk management and operational requirements to ensure safety, efficiency, reliability and confidence in payment systems.

Big Picture

NBFI Vulnerabilities “Broadly Stable” Year-to-year: FSB

By Editors | 17/12/2021

Largely unchanged measures of credit intermediation, maturity and liquidity transformation, and leverage highlight the rapid response and impact of official sector intervention.

ESG / Sustainability

NGFS Issues Guidance for Central Banks on Climate Disclosure

By Editors | 17/12/2021

The ‘how-to’ guide allows central banks to take their own specificities into account and to flexibly decide on the scope and depth of their disclosure, the NGFS said.

Market Infrastructure

ISDA Publishes New Set of Fallbacks for IBOR Derivatives

By Manesh Samtani | 17/12/2021

The new fallbacks cover IBORs in India (MIFOR), Malaysia (KLIBOR), New Zealand (BKBM), Norway (NIBOR), the Philippines (PHIREF) and Sweden (STIBOR).

Market Infrastructure

HKMA, SFC Consult on Calculation Periods for OTC Derivatives Clearing

By Editors | 16/12/2021

The existing list of calculation periods will be exhausted in about one year’s time. The HKMA and SFC propose to add eight similar calculation periods to the clearing rules.

Market Infrastructure

Vietnam Debuts New Umbrella Entity to Manage Stock Exchanges

By Sanday Chongo Kabange | 16/12/2021

VNX, or Vietnam Stock Exchange, will serve as a new umbrella entity to manage the Hanoi and Ho Chi Minh stock exchanges.

Big Picture

ESG Data, Regulation and the APAC Fragmentation Challenge

By Manesh Samtani | 16/12/2021

Panellists at Regulation Asia’s ESG Tech & Data event discussed the need for methodology transparency and better company reporting.

Market Infrastructure

Shanghai Bourse Set to Launch New Bond Trading System

By Manesh Samtani | 15/12/2021

The new system – to be launched on Monday – adds a night trading session, uses RTGS settlement, and allows multilateral netting, the SSE says.

Big Picture

CPMI Reviews Developments in Retail Fast Payment Systems

By Editors | 14/12/2021

The implementation of retail FPS across the globe has risen from under a dozen jurisdictions in 2010 to around 60 in 2021.