Market Infrastructure

    Fintech / Regtech

    G7 Ministers to Endorse Guiding Principles for CBDC – Report

    By Editors | 13/10/2021

    The principles call for appropriate regulation and oversight, rigorous privacy and data protection standards, and safeguards to prevent fraud and sanctions evasion.

    ESG / Sustainability

    HK Regulators Offer Support for New Climate Action Plan

    By Manesh Samtani | 13/10/2021

    The Green and Sustainable Finance Cross-Agency Steering Group pledges support for the government’s Climate Action Plan 2050.

    Market Infrastructure

    EBA Clearing, SWIFT, TCH Collaborate on Cross-Border Payments

    By Mark Johnston | 12/10/2021

    A POC has been completed that uses existing payment systems in the US and Europe to achieve synchronised settlements in cross-border payments.

    Market Infrastructure

    Sri Lanka: CBSL Collaborates with Industry on Inward Remittances

    By Duruthu E Chandrasekera | 12/10/2021

    The central bank is working with banks, mobile operators, and government agencies to launch a new mobile app for inward remittances.

    Market Infrastructure

    ARRC Publishes Spread-Adjusted Fallback Recommendations

    By Editors | 12/10/2021

    The document provides a reference point for market participants to understand the ARRC’s current recommendations in relation to its fallback language.

    Market Infrastructure

    FSB Reports Progress on NBFI Risks, Cross-border Payments

    By Editors | 12/10/2021

    A letter to the G20 ministers from the FSB focuses on work to develop a more resilient NBFI sector and address challenges in cross-border payments.

    Market Infrastructure

    FSB Offers Policy Toolkit to Address MMF Vulnerabilities

    By Manesh Samtani | 12/10/2021

    Enhancing MMF resilience will help address systemic risks and minimise the need for central bank interventions to support the sector, the FSB said.

    Market Infrastructure

    IBA Publishes ‘Beta’ Rates for SOFR Interest Rate Swaps

    By Editors | 11/10/2021

    The new rates will assist the non-linear market in its transition to SOFR, IBA said. Currently they are being published solely for information and illustration purposes.

    ESG / Sustainability

    Treasury, Other US Agencies Release Climate Action Plans

    By Editors | 11/10/2021

    The plan outline the steps the agencies will take to ensure their facilities and operations adapt to and are increasingly resilient to climate change impacts.

    Big Picture

    Whole Financial System Needs to Work Against Biodiversity Risk

    By ESG Investor | 11/10/2021

    NGFS-INSPIRE Study Group outlines data, analytics challenges for central banks and financial supervisors.

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