MARKET INFRASTRUCTURE

Market Infrastructure

Japan’s Mizuho Bank Suffers Another Outage at ATMs

By Editors | 04/03/2021

Another system failure took down 29 Mizuho ATMs for three hours on Wednesday, just days after more than 5,000 ATMs went offline.

Market Infrastructure

FSC Announces Selection of Korea’s New Risk-free Rate

By Manesh Samtani | 03/03/2021

The FSC will work on measures to promote and facilitate the use of the new RFR, including by listing RFR futures by year-end.

Big Picture

ASIFMA Calls for Harmonised Approach to Public Cloud Regulation

By Editors | 02/03/2021

Varying regulatory approaches across jurisdictions pose significant challenges to FIs trying to implement the public cloud as part of their global strategy.

Fintech / Regtech

European Banks Push Ahead with Payments Network Plans

By Sanday Chongo Kabange | 02/03/2021

The European Payments Initiative, launched last July, could have a new pan-European payments network in place by 2025.

ESG / Sustainability

Malaysian FIs to Start Applying Climate Risk Taxonomy

By Editors | 02/03/2021

Financial institutions will begin capturing exposures based on the Climate Change and Principles-Based Taxonomy over the course of 2021.

Capital / Liquidity

FSB Urges Indonesia to Further Advance OTC Derivatives Reforms

By Editors | 02/03/2021

Indonesia needs to address legal uncertainties relating to netting for derivatives transactions in bankruptcy to facilitate central clearing and margin requirements.

Capital / Liquidity

CBIRC Issues Draft Rules on Recovery and Resolution Plans

By Editors | 02/03/2021

Deposit-taking institutions, asset managers and financial leasing companies with CNY 300 billion in total assets have to formulate recovery and resolution plans.

Market Infrastructure

What Does T+1 Settlement in the US Mean for Asia?

By Tony Freeman | 02/03/2021

Industry veteran Tony Freeman discusses how a move to one-day settlement in the US will impact investors in Asia.

ESG / Sustainability

SEBI to Issue ESG Disclosure Guidelines for Listed Companies

By Editors | 02/03/2021

Chairman Ajay Tyagi said SEBI will issue new guidelines “soon”, with a view to achieving greater transparency and accountability from listed companies on ESG.