Market Infrastructure

Market Infrastructure

BOT Sets Milestones for Reducing THBFIX Exposure in Derivatives

By Pongnut Thanaboonchai | 17/11/2021

By mid-2022, the total notional outstanding of THBFIX derivatives maturing after 2025 should be reduced by 50 percent compared to end-June 2021 figures.

Market Infrastructure

SBTi to Define Net Zero Standard for Financial Institutions

By Editors | 16/11/2021

SBTi identifies three approaches to net-zero definitions for FIs. It plans to define a standard for FIs to use in target-setting and performance-tracking.

Market Infrastructure

FCA Confirms Rules on Using Synthetic GBP and JPY LIBOR

By Manesh Samtani | 16/11/2021

Synthetic GBP and JPY LIBOR rates will be published until end-2022 and can be used in all legacy LIBOR contracts other than cleared derivatives.

Market Infrastructure

China Asks Banks to Facilitate ‘New Forms’ of International Trade

By Darien Choong | 16/11/2021

With the new rules, the PBOC says it hopes to achieve unified regulation of domestic and foreign currency settlement for new forms of offshore trade.

Securities / Derivatives

IOSCO to Update Regulatory Principles for Commodity Derivatives

By Editors | 16/11/2021

IOSCO says market authorities should establish a code of conduct for data providers, have a process to respond to unexpected disruptions, and analyse HFT and algo trading impacts.

Market Infrastructure

BSP Pursues Cross Border Payment Links with Malaysia, Thailand

By Editors | 16/11/2021

The BSP has been in dialogue with ASEAN central banks including MAS, BNM and BOT to make cross-border payment flows cheaper and more seamless.

Market Infrastructure

China Issues New Draft Regulations on Online Data Security

By Manesh Samtani | 15/11/2021

Companies looking to IPO in Hong Kong would have to undergo a cybersecurity assessment if their data-processing activities may have an impact on national security.

Market Infrastructure

RBI Combines Ombudsman Schemes for Regulated Entities

By Sanday Chongo Kabange | 15/11/2021

The new scheme combines the existing ombudsman schemes for banks, NBFCs and payment system operators and centralises complaints filing and processing.

ESG / Sustainability

COP26 Deal to Pave Way for Carbon Markets Growth

By ESG Investor | 15/11/2021

Agreement on Paris rules in Glasgow expected to stimulate investment flows, while wider deal seen as key, if limited, step on path to low-carbon transition.