Market Infrastructure

Market Infrastructure

China to Launch Nationwide Credit Risk Classification System

By Darien Choong | 21/01/2022

Every enterprise will be categorised according to their risk profiles. The grades will be used to signal risk and early warnings.

Market Infrastructure

FS-ISAC Initiative to Bolster Financial Sector Supply Chain Security

By Editors | 20/01/2022

The initiative fosters continuous collaboration and information sharing between financial institutions and critical network infrastructure and services providers.

Capital / Liquidity

ASX Recalibrates Capital Requirements for Clearing Participants

By Manesh Samtani | 20/01/2022

An October 2020 proposal to introduce ‘Adjusted Liquid Capital’ as a single capital measure will be implemented no earlier than February 2023, with some adjustments.

Market Infrastructure

CSRC Proposes to Enhance Securities Settlement System

By Darien Choong | 19/01/2022

The draft rules enable DvP settlement for proprietary and custody businesses involving institutional investors by linking securities transfers to cash payments.

Market Infrastructure

HKMA Emphasises PvP Settlement in Revised FX Guidance

By Manesh Samtani | 19/01/2022

Banks should aim to have all their FX trades become eligible for PvP settlement, while also encouraging counterparties to do the same.

Crypto / Digital Assets

IOSCO Calls for Greater Use of Global Supervisory Colleges

By Editors | 19/01/2022

Global supervisory colleges can help strengthen cooperation between regulators, promote information sharing, and address market fragmentation.

Big Picture

Quantitative Easing Ineffective at Driving Firms to Invest

By Mark Johnston | 18/01/2022

Weaker firms respond to lower long-term yields by refinancing debt. Healthier firms tend to increase cash holdings and share buybacks.

ESG / Sustainability

ESG Explainer: UK Sustainability Disclosure Requirements

By ESG Investor | 17/01/2022

New framework aims to broaden sustainability reporting and embrace double materiality but faces long path to law.

Big Picture

IOSCO Outlines Pandemic Lessons on Operational Resilience

By Editors | 14/01/2022

The pandemic highlighted that greater automation of compliance and supervisory processes may better accommodate a remote workforce.