MARKET INFRASTRUCTURE

Big Picture

Consortium Proposes to Create Impact Reporting Rules for Banks

By Editors | 01/07/2021

Harvard Business School, Impact Institute, ABN AMRO, Danske Bank, DBS and UBS aim to create new social and environmental impact reporting rules for banks.

Crypto / Digital Assets

New Registry for Digital Token Identifiers Goes Live

By Editors | 01/07/2021

The launch of the new registry comes ahead of the scheduled publishing of the ISO standard in Q3 2021, to meet urgent industry and regulatory needs.

Market Infrastructure

FMA Finds Improved Regulatory Arrangements at NZX

By Ranamita Chakraborty | 01/07/2021

The overall design of NZ RegCo is a notable improvement on prior arrangements, FMA said in an annual review of NZX.

Big Picture

We Are Not Out of the Woods Yet: Agustín Carstens

By Manesh Samtani | 01/07/2021

While economic disaster was averted, the BIS warns that considerable uncertainty remains that will present significant challenges for policymakers.

Market Infrastructure

BOK to Continue Bond Market Support, Scale Back Monetary Measures

By Editors | 01/07/2021

The BOK is concerned that growing financial risks, household debt, and higher inflation could spark a new crisis.

Big Picture

FSB Offers Policy Options to Enhance MMF Resilience

By Manesh Samtani | 01/07/2021

Requirements for MMFs could include capital buffers, higher liquidity requirements, or the removal of the stable NAV, among other options.

ESG / Sustainability

UK, Singapore Commit to Deepening Regulatory Cooperation

By Editors | 01/07/2021

Officials agree to explore cross-border financial regulation, carbon market trading linkages, and collaboration opportunities via their BIS Innovation Hub centres.

Big Picture

Investors Call for Mandatory Climate Disclosures in Australia

By Sanday Chongo Kabange | 01/07/2021

Paper outlines suggestions for mandatory climate risk disclosures to be introduced in Australia over the next four years.

Market Infrastructure

New Licensing Rules Take Effect for FIs in China

By Sanday Chongo Kabange | 30/06/2021

From 1 July, regulators will reissue new licences to banks and insurers, valid for one year, to allow for a transition and exchange period.