MARKET INFRASTRUCTURE

Market Infrastructure

BIS Outlines Principles for Designing Effective Taxonomies

By Sanday Chongo Kabange | 20/10/2021

The principles for sustainable finance taxonomies will facilitate comparability and interoperability across firms and markets, the BIS says.

Market Infrastructure

LCH Expands Eligible Collateral to Include SGD Securities

By Editors | 20/10/2021

LCH says accepting SGD collateral will be an important tool for improving liquidity management and optimising margin costs.

ESG / Sustainability

Transition Guidance is “Fundamentally Important”, says FSA’s Ikeda

By ESG Investor | 19/10/2021

The FSA’s Satoshi Ikeda said the regulator is “eagerly pushing” for measures to enable more dynamic investing in low-carbon and zero-carbon technologies.

ESG / Sustainability

RBA Warns of Divestment Risk Amid Climate Change Threat

By Sanday Chongo Kabange | 19/10/2021

While there are currently only isolated examples of divestment from Australia because of climate risk, the likelihood of more significant divestment is increasing.

Market Infrastructure

19 Hong Kong Banks Approved to Participate in Wealth Connect

By Manesh Samtani | 19/10/2021

Citibank, Hang Seng Bank, HSBC, ICBC, and Standard Chartered are among those that will participate in both the southbound and northbound schemes.

Big Picture

Crypto Asset Regulation “A Matter Of Urgency”, says BOE

By Mark Johnston | 18/10/2021

Deputy governor Jon Cunliffe says a “plausible scenario” involving a collapse in crypto-asset prices would have financial stability implications.

Fintech / Regtech

BOJ Seeks Simple CBDC Design That Promotes Competition

By Editors | 17/10/2021

While the BOJ still has no plan to issue CBDC, the inability to ensure interoperability with other countries could create issues for Japan.

Market Infrastructure

PBOC Tightens Rules on Use of Payment Acceptance Terminals

By Mark Johnston | 17/10/2021

The geographical location of bank card and barcode payment acceptance terminals must be established and monitored to ensure consistency with the merchant’s registered location.

Market Infrastructure

APRA Concludes Pilot Risk Culture Survey With 10 Insurers

By Editors | 15/10/2021

Based on responses from almost 7,200 insurance employees, APRA found some of the lowest scores in risk governance and controls.