Market Infrastructure

Market Infrastructure

FMA Issues Guidance on Mandatory Climate Disclosure Regime

By Sanday Chongo Kabange | 18/11/2021

In-scope climate reporting entities with a 31 March balance date will have to file their first climate statements by 31 July 2024, says the FMA’s Sarah Vrede.

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.