MARKET INFRASTRUCTURE

Market Infrastructure

FSB Launches New Financial Stability Surveillance Framework

By Editors | 30/09/2021

The new framework will further enhance the FSB’s ability to identify and address financial system vulnerabilities in a proactive manner.

Market Infrastructure

Excessive QE, Low Rates Are Damaging to Markets: PBOC

By Sanday Chongo Kabange | 30/09/2021

PBOC governor Yi Gang warns that quantitative easing and ultra-low interest rate policies can be damaging to market functions.

Market Infrastructure

PBOC Directs Banks to Support Housing Market

By Editors | 30/09/2021

Banks are asked to refrain from cutting off funding to developers, continue supporting projects under construction, and approve mortgages for homebuyers.

Market Infrastructure

Open Letter from FPIs to SEBI on T+1 Settlement

By Editors | 30/09/2021

ASIFMA, Asia TraderForum and The Investment Association have issued an open letter on behalf of FPIs asking SEBI to delay implementation of T+1 settlement.

Market Infrastructure

ISDA to Change BSBY, Ameribor Fallback Language

By Manesh Samtani | 30/09/2021

The FCA said the current fallback language for credit sensitive rates puts market participants at risk of breaching their obligations under BMR.

Market Infrastructure

FCA Consults on Permitted Use of Synthetic LIBOR Rates

By Manesh Samtani | 29/09/2021

The FCA proposes to permit legacy use of synthetic GBP and JPY LIBOR in all contracts except cleared derivatives for the duration of 2022.

Market Infrastructure

RBA Issues Recommendations to Address Risk Issues at ASX

By Editors | 29/09/2021

The RBA has asked ASX to address operational risk and governance issues, as well as develop a framework to address margin procyclicality.

Market Infrastructure

China, EU to Publish Common Taxonomy by Year-End

By Sanday Chongo Kabange | 29/09/2021

The China-EU common taxonomy for sustainable finance will make it easier for other countries to recognise China’s green financial assets, PBOC officials say.

Fintech / Regtech

Entity-based Regulation Needed to Address Bigtech Risks: BIS

By Manesh Samtani | 29/09/2021

China’s financial holding company regime represents a novel entity-based regulatory approach for big techs, says a new BIS research paper.