Market Infrastructure

Market Infrastructure

China Proposes Revisions to CPA Law to Improve Audit Quality

By Editors | 28/10/2021

The revisions allow for foreign regulators to sign a regulatory cooperation agreement or memorandum with the State Council if they wish to access audit work papers.

Big Picture

GFMA, BCG Call for Rapid Scaling of Carbon Markets

By Manesh Samtani | 28/10/2021

Rapid scaling and better coordination of carbon markets are necessary to accelerate global decarbonisation and meet the Paris Agreement goals.

ESG / Sustainability

NGFS Details Progress Made By Supervisors on Climate Risk

By Manesh Samtani | 27/10/2021

The NGFS plans to launch a capacity building initiative for supervisors, develop policy recommendations to bridge data gaps, and further build on its climate scenarios work.

Fintech / Regtech

Nigeria Launches Central Bank Digital Currency, eNaira

By Editors | 27/10/2021

The eNaira is expected to boost cross-border trade and financial inclusion, improve transaction efficiency, and make monetary policy more effective.

Market Infrastructure

SGX Opens GIFT City Office Ahead of India Trading Link Launch

By Mark Johnston | 27/10/2021

The new office will house a data centre referred to as GIFT Data Connect. The NSE-SGX GIFT City Connect is expected to be fully-operational by January 2022.

ESG / Sustainability

RBNZ Outlines Action Plan for Addressing Climate Risks

By Sanday Chongo Kabange | 27/10/2021

The RBNZ will develop a guidance note to support regulated entities in managing climate risks, focusing on physical, transition and liability risks.

Market Infrastructure

Deutsche Bank Launches FX Trading Infrastructure in Singapore

By Editors | 27/10/2021

The launch is in line with a MAS objective to develop Singapore into a regional FX trading hub. RBC Capital Markets and Nomura also plan similar launches later this year.

Capital / Liquidity

International Standard Setters Launch Review into Margin Practices

By Editors | 26/10/2021

While centrally cleared and non-centrally cleared markets faced similar levels of volatility in March and April 2020, IM requirements increased significantly only for centrally cleared derivatives.

Market Infrastructure

US SEC Publishes Findings from Meme Stock Review

By Editors | 26/10/2021

SEC staff concluded that US markets functioned well and dislocations caused by short-selling were not the main cause of the extreme volatility in GameStop.