Market Infrastructure

ESG / Sustainability

G7 Finance Ministers Agree on 15pc Global Minimum Tax Rate

By Manesh Samtani | 07/06/2021

The global minimum tax will end the race-to-the-bottom in corporate taxation and ensure fairness for the middle class and working people, Janet Yellen said.

Market Infrastructure

Japan to Remove Firewall Between Banking, Securities Operations

By Editors | 04/06/2021

The FSA is reportedly working on rule changes that would allow banks and securities firms within the same group to share customer data.

ESG / Sustainability

BSP Outlines Expectations for Banks on Sustainable Finance

By Sanday Chongo Kabange | 04/06/2021

Banks must establish environmental and social risk management systems and disclose their sustainability initiatives in their annual reports.

Crypto / Digital Assets

MAS Issues Guidance on Managing Risks of Cloud Services

By Editors | 04/06/2021

In a new advisory, MAS highlights the key risks and control measures FIs should consider before adopting public cloud services.

Market Infrastructure

Singapore Seeks to Enhance VCC Fund Structure

By Manesh Samtani | 04/06/2021

The enhancements will expand the types of investors that can use the VCC and ease conversion and redomiciliation processes.

ESG / Sustainability

Transparency & Data Needed to Fuel Green Equity Growth

By ESG Investor | 03/06/2021

The evolving asset class still presents risks due to differing definitions, transparency levels and data quality, according to panellists at an ASIFMA conference.

Market Infrastructure

Vietnam’s Data Privacy Decree: the Tip of the Global Compliance Iceberg

By John Berven | 03/06/2021

Organisations can leverage lessons from implementing GDPR and other international data laws to address Vietnam’s new Personal Data Protection Act, writes John Berven.

Crypto / Digital Assets

Bursa Malaysia Concludes Blockchain Bond POC with STACS

By Sanday Chongo Kabange | 03/06/2021

The collaborative efforts from the PoC have established a new ‘Bond in a Box’ operating model that shows commercial potentials, the project report says.

Market Infrastructure

FSB, IOSCO Issue Statements in Support of Smooth LIBOR Transition

By Editors | 02/06/2021

The FSB warns against waiting for the development of forward-looking term RFRs. IOSCO urges market participants to stop issuing new LIBOR products.