Market Infrastructure

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.

Fintech / Regtech

Global Regulatory Framework for Crypto Likely Next Year

By Editors | 21/12/2021

Benoît Cœuré said the “wake-up call” for regulators has been the rapid growth of DeFi, as its interconnectedness with traditional finance creates potential systemic risk.

Market Infrastructure

FSB Calls For Papers on NBFI Risks and Policy Remedies

By Editors | 20/12/2021

The papers will be used to advance the FSB’s understanding of systemic risks in NBFI and specific policy approaches that may be used to address them.

ESG / Sustainability

FCA’s TCFD Rules for Asset Managers to Allow for Data Gaps

By ESG Investor | 20/12/2021

Product-level disclosures to users can be limited for transitional period where proxies deemed insufficient.

Market Infrastructure

HKMA Sets Targets for Launch of New Credit Reference Platform

By Manesh Samtani | 19/12/2021

The new platform will serve as an interface for credit providers and CRAs to share credit data, as Hong Kong prepares to introduce additional CRAs in the city.

ESG / Sustainability

HK Steering Group Announces Next Steps in Green Transition

By Editors | 18/12/2021

HKMA to develop new ECF module on Green and Sustainable Finance. Steering Group to explore local taxonomy and voluntary carbon market.

Market Infrastructure

BNM Proposes New Rules For Payment System Operators

By Mark Johnston | 17/12/2021

BNM proposes governance, risk management and operational requirements to ensure safety, efficiency, reliability and confidence in payment systems.

Big Picture

NBFI Vulnerabilities “Broadly Stable” Year-to-year: FSB

By Editors | 17/12/2021

Largely unchanged measures of credit intermediation, maturity and liquidity transformation, and leverage highlight the rapid response and impact of official sector intervention.

ESG / Sustainability

NGFS Issues Guidance for Central Banks on Climate Disclosure

By Editors | 17/12/2021

The ‘how-to’ guide allows central banks to take their own specificities into account and to flexibly decide on the scope and depth of their disclosure, the NGFS said.