Market Infrastructure

ESG / Sustainability

UNEP FI Warns of Inconsistencies in FIs’ Transition Plans

By ESG Investor | 28/10/2021

New recommendations offer a baseline for asset owners assessing the credibility of their asset managers’ net-zero commitments and investment strategies.

Big Picture

FSB Annual Report Warns of Continued Financial Stability Risk

By Manesh Samtani | 28/10/2021

Sudden sharp movements in asset prices could spill over across the financial system and the unwinding of policy support could prompt insolvencies and credit losses.

Market Infrastructure

Refinitiv Launches New Versions of Tokyo Swap Rate

By Editors | 28/10/2021

The new versions of the Tokyo Swap Rate are designed to support the transition away from LIBOR and the adoption of new market conventions.

Market Infrastructure

China Proposes Revisions to CPA Law to Improve Audit Quality

By Editors | 28/10/2021

The revisions allow for foreign regulators to sign a regulatory cooperation agreement or memorandum with the State Council if they wish to access audit work papers.

Big Picture

GFMA, BCG Call for Rapid Scaling of Carbon Markets

By Manesh Samtani | 28/10/2021

Rapid scaling and better coordination of carbon markets are necessary to accelerate global decarbonisation and meet the Paris Agreement goals.

ESG / Sustainability

NGFS Details Progress Made By Supervisors on Climate Risk

By Manesh Samtani | 27/10/2021

The NGFS plans to launch a capacity building initiative for supervisors, develop policy recommendations to bridge data gaps, and further build on its climate scenarios work.

Fintech / Regtech

Nigeria Launches Central Bank Digital Currency, eNaira

By Editors | 27/10/2021

The eNaira is expected to boost cross-border trade and financial inclusion, improve transaction efficiency, and make monetary policy more effective.

Market Infrastructure

SGX Opens GIFT City Office Ahead of India Trading Link Launch

By Mark Johnston | 27/10/2021

The new office will house a data centre referred to as GIFT Data Connect. The NSE-SGX GIFT City Connect is expected to be fully-operational by January 2022.

ESG / Sustainability

RBNZ Outlines Action Plan for Addressing Climate Risks

By Sanday Chongo Kabange | 27/10/2021

The RBNZ will develop a guidance note to support regulated entities in managing climate risks, focusing on physical, transition and liability risks.