Market Infrastructure

Market Infrastructure

EU Lawmakers Agree to Defer Mandatory Buy-in Rules

By Manesh Samtani | 29/11/2021

A decision to postpone implementation of the mandatory buy-in rules under the CSDR settlement discipline regime has been agreed.

Market Infrastructure

Australia to Drop LIBOR in Cross Currency Swaps Trading

By Manesh Samtani | 29/11/2021

BBSW/LIBOR will shift to BBSW/SOFR in cross currency basis swaps trading, though the move presents challenges inherent to an IBOR/RFR pairing.

Market Infrastructure

Indonesia Forms National Working Group on Benchmark Reform

By Editors | 29/11/2021

The working group will provide information and education to market players and recommendations on alternative benchmark rates.

ESG / Sustainability

APRA Finalises Guidance on Climate Change Financial Risks

By Sanday Chongo Kabange | 29/11/2021

The new climate change prudential practice guide covers governance, risk management, scenario analysis and disclosure.

ESG / Sustainability

Japan FSA Calls for Sharper Focus on ‘Transition’ Concept

By Mark Johnston | 29/11/2021

The FSA’s Satoshi Ikeda says corporate disclosures need to capture genuine progressive efforts towards achieving carbon net zero, not just point-in-time snapshots.

AML / KYC

SFC Issues Technical Guidance for New Reporting Regime

By Editors | 28/11/2021

A new paper introduces a pre-defined file format for OTCR submissions. Guidance on the new investor identification regime has also been released.

Big Picture

Alignment of Taxonomies “Critical” for Improving ESG Data

By ESG Investor | 26/11/2021

A consistent approach to taxonomies is necessary to help mobilise capital towards sustainable solutions, said ICMA’s Ricco Zhang.

Market Infrastructure

ASIC Imposes Licence Conditions on ASX Over 2020 Outage

By Sanday Chongo Kabange | 26/11/2021

ASIC wants market participants to be able to re-route trades to alternative venues such as Chi-X in the event of a future market outage.

Market Infrastructure

APRA Calls For Greater Board Engagement on Cyber Risk

By Manesh Samtani | 25/11/2021

APRA found in a data collection exercise that 60 percent of regulated entities had not assessed IT service providers’ information security control testing.