MARKET INFRASTRUCTURE

Market Infrastructure

FCA Consults on Intention to Compel Publication of Synthetic LIBOR

By Editors | 25/06/2021

The FCA intends to compel publication of synthetic versions of GBP and JPY LIBOR, using forward-looking term version of RFRs.

ESG / Sustainability

Australian Regulators Flag Concerns Over Household Debt Risks

By Ranamita Chakraborty | 24/06/2021

APRA has written to large banks seeking assurances that lending standards are being maintained to prevent a buildup of risk in housing loan portfolios.

ESG / Sustainability

MAS Announces ‘Final’ Extension of Credit Relief Measures

By Editors | 24/06/2021

MAS says this is likely the final extension and that loan repayments must start normalising to minimise debt accumulation.

Big Picture

Citadel Securities Offers Best Practices to Address Exchange Outages

By Manesh Samtani | 24/06/2021

Common issues that have compounded the impact of recent outages continue to be largely overlooked by some exchanges.

Fintech / Regtech

BSP Unveils Open Finance Framework, Plans Tiered Implementation

By Sanday Chongo Kabange | 23/06/2021

The framework promotes consent-driven data portability, interoperability, and collaborative partnerships between FIs and fintech players, the BSP said.

Market Infrastructure

GFMA, BCG Publish Principles for Climate Finance Taxonomies

By Editors | 23/06/2021

The principles are based on a broader definition of climate finance which goes beyond debt instruments and captures equity financing and working capital.

Market Infrastructure

CSRC Standardises Assignment of Settlement Participant Codes

By Sanday Chongo Kabange | 23/06/2021

The new standards will facilitate data sharing between FIs and within settlement participants, thereby promoting standardisation and enhancing data governance.

Market Infrastructure

HKMA Notifies Banks of Enhanced Competency Framework

By Editors | 22/06/2021

Banks are asked to review and assess the impact of the SFC’s revised framework and take action to ensure compliance.

Market Infrastructure

Shenzhen to Establish Fund to Manage Carbon Credit Sales Proceeds

By Sanday Chongo Kabange | 22/06/2021

The fund will manage the income generated from selling carbon credits, primarily using it to finance green projects in Shenzhen.