MARKET INFRASTRUCTURE

ESG / Sustainability

OJK Indonesia Establishes New Sustainable Finance Task Force

By Ranamita Chakraborty | 10/10/2021

The task force comprises 47 financial institutions including banks, securities firms, insurers, pension funds and financiers.

Market Infrastructure

New Zealand Becomes Third in APAC to Raise Rates

By Editors | 08/10/2021

The RBNZ increased its official cash rate for the first time in seven years to contain inflationary pressures and cool the housing market.

Crypto / Digital Assets

FSB Takes Stock of Progress to Regulate ‘Global Stablecoins’

By Mark Johnston | 08/10/2021

The FSB highlights concerns that new regulatory regimes for global stablecoins could give rise to regulatory arbitrage and harmful market fragmentation.

Big Picture

Data Gaps Initiative to Extend Past 2021: FSB, IMF

By Editors | 08/10/2021

A new international cooperation initiative on data gaps will be needed after the DGI concludes. Some phase 2 recommendations may not yet be complete by year-end.

Market Infrastructure

CPMI Calls for Solutions to Expand PvP Settlement

By Editors | 08/10/2021

Banks and fintechs are invited to share their views on potential solutions to expand PvP settlement to further mitigate FX settlement risk in global markets.

Fintech / Regtech

Etrading Software Opens Registration for Digital Token Identifiers

By Mark Johnston | 08/10/2021

The new DTI Registry went live in July. Identifiers have already been issued for the top 100 cryptocurrencies by market cap.

Market Infrastructure

Hong Kong Announces Initiatives to Bolster Financial Hub Status

By Manesh Samtani | 07/10/2021

Chief Executive Carrie Lam announced measures to improve the stock market listing regime and enable RMB-denominated securities in Hong Kong.

Fintech / Regtech

BIS Partners with MAS, BOE, ISDA on Data & Analytics Platform

By Manesh Samtani | 07/10/2021

Project Ellipse explores the use of ISDA’s Common Domain Model to digitally extract, query and analyse large quantities of data in real-time for supervisory purposes.

Market Infrastructure

PBOC Finalises Rules for Credit Reporting Businesses

By Darien Choong | 07/10/2021

The rules say the collection of credit information should “not be excessive” and subject to consent and information security requirements. Cross-border use is allowed.