MARKET INFRASTRUCTURE

Fintech / Regtech

RBI Enhances Security Requirements for Digital Payment Apps

By Editors | 21/02/2021

The RBI has set out new prescriptive guidelines on the security protocols that need to be adopted in digital payment applications.

AML / KYC

BIS, SWIFT Invite Firms to Participate in ISO 20022 Hackathon

By Editors | 21/02/2021

Participants will be asked to develop and showcase solutions that improve cross-border payments, using the ISO 20022 standard and APIs.

Market Infrastructure

China Considers Easing Restrictions on Offshore Investment

By Editors | 21/02/2021

Regulators will explore the feasibility of allowing individuals to use their annual foreign exchange quotas to invest in overseas markets.

Market Infrastructure

SEBI Board Meeting: A Preview of Things to Come

By Editors | 21/02/2021

SEBI has relaxed its minimum public offer requirements just days after revealing a number of new initiatives in its annual report.

Capital / Liquidity

FSC Korea to Enhance Recovery and Resolution Regimes of SIFIs

By Editors | 20/02/2021

SIFIs will have 3 months after designation to submit recovery plans to regulators. The FSC will have the authority to demand action from a SIFI in line with its recovery plan.

ESG / Sustainability

Australia Introduces ‘Your Future, Your Super’ Bill to Parliament

By Editors | 19/02/2021

Industry bodies ISA and AIST say the legislation doesn’t go far enough and are pushing for the legislation to be reviewed by a Senate Committee.

Big Picture

BEAR Has Brought Desired Culture Changes at Banks: Research

By Ranamita Chakraborty | 18/02/2021

New research from Macquarie University has found that the BEAR has changed behaviour and culture at banks for the better.

Market Infrastructure

Euroclear to Enable Direct Access to SGX Bonds for Global Investors

By Manesh Samtani | 18/02/2021

The new ‘Orchid’ bond structure will allow global investors to benefit from real-time, multi-currency DVP settlement with any counterparty within Euroclear’s network.

ESG / Sustainability

Trade Bodies Set Out Framework for US Transition to Low-Carbon

By Editors | 18/02/2021

The framework sets out ten principles to inform the policymaking process and catalyse the transition to a more sustainable and inclusive low-carbon economy.