Market Infrastructure

Fintech / Regtech

Australian Treasury Confirms Plans to Expand Consumer Data Right

By Mark Johnston | 23/12/2021

Action initiation functionality will be applied first in the banking sector to enable the development of new, competitive and consumer-focused payment services.

ESG / Sustainability

RBA Warns of ‘Dire Consequences’ from Cyber and Climate Risks

By Mark Johnston | 23/12/2021

The RBA’s Jonathan Kearns said banks need to continue to address evolving risks, as they can morph into systemic risks with potentially dire consequences.

Market Infrastructure

Singapore, Shanghai Bolster Collaboration in Finance, Innovation

By Darien Choong | 22/12/2021

A public private sector workgroup was established by MAS and the Shanghai Municipal Financial Regulatory Bureau to deepen bilateral financial cooperation and connectivity.

Fintech / Regtech

PBOC to Connect Digital Yuan to HK Faster Payment System

By Sanday Chongo Kabange | 22/12/2021

The second phase of the ongoing CBDC trails between the Mainland and Hong Kong will involve connecting e-CNY wallets to Hong Kong’s FPS.

Market Infrastructure

PBOC, CBIRC Urge Banks to Support Real Estate M&A Deals

By Manesh Samtani | 21/12/2021

Banks are asked to support acquisitions of property development projects by healthy real estate companies, including by providing direct loans and facilitating bond issuance.

Market Infrastructure

HKMA Directs Banks to Observe Latest FX Global Code

By Mark Johnston | 21/12/2021

Banks are expected to review their practices to ensure observance of the FX Global Code and renew the Statement of Commitment by 15 July 2022.

Market Infrastructure

China to Expand Shanghai-London Stock Connect

By Editors | 21/12/2021

Under the proposed rules, the Stock Connect scheme will be expanded to allow participation from companies listed in Shenzhen, Switzerland and Germany.

Market Infrastructure

‘SOFR First’ Concludes with Publication of User Guide

By Editors | 21/12/2021

The user guide outlines best practices for transitioning new exchange-traded derivatives activity to SOFR activity in the near term.

Fintech / Regtech

New Carbon Accounting Guidance Issued for Crypto Sector

By Mark Johnston | 21/12/2021

Guidance from the Crypto Climate Accord describes how stakeholders in the crypto sector can measure, track, and report their electricity use and GHG emissions.