MARKET INFRASTRUCTURE

Market Infrastructure

HKMA Raises Expectations for Bank Codes of Conduct

By Manesh Samtani | 14/02/2021

Codes of Conduct should include provisions to address conflicts of interest, promote a culture of accountability and encourage staff to report unethical practices.

ESG / Sustainability

IIF Offers Recommendations on Aligning Climate Finance Regulation

By Editors | 13/02/2021

The recommendations are aimed at promoting consensus and international alignment in sustainable finance policy and regulation.

Enforcement

SEBI Penalises NSE, Former Officials in Colocation Case

By Editors | 12/02/2021

SEBI says NSE failed to ensure fair and equitable access by trading members subscribing to its tick-by-tick data feed system.

Fintech / Regtech

Japan Finance Minister to Take CBDC Debate to G7 Meeting

By Sanday Chongo Kabange | 11/02/2021

Taro Aso said at a press conference that he thinks it’s important to “thrash out” policy measures regarding digital currency issued by central banks.

ESG / Sustainability

Singapore v EU: How Their Green Taxonomies Compare

By Shuhui Kwok | 11/02/2021

Allen & Overy’s Shuhui Kwok discusses Singapore’s proposed green taxonomy, describing how it aligns with – and differs from – the EU Taxonomy Regulation.

ESG / Sustainability

PBOC to Step Up Efforts to Advance Green Finance Agenda

By Manesh Samtani | 11/02/2021

A comparative study is about to be completed, which will pave the way for the launch of a China-EU Shared Classification Catalogue for Green Finance later this year.

Market Infrastructure

BOJ Surpasses GPIF as Largest Holder of Japanese Equities

By Editors | 10/02/2021

In March 2020, the BOJ said it aims to buy at least JPY 6 trillion worth of ETFs a year with an upper limit set at JPY 12 trillion.

Market Infrastructure

UPDATED: Over 100 Financial Firms Targeted by Single DDoS Attacker

By Editors | 10/02/2021

According to FS-ISAC, retail banking was the top target, accounting for 41% of the attacks, followed by exchanges at 15% and payments at 13%.

Market Infrastructure

G-SIBs to Spend Over $100m on IBOR Budget in 2021: EY

By Manesh Samtani | 09/02/2021

Banks of all sizes felt most of their budget would be spent on technology, followed by legal contract repapering. A shortage of legal resources remains a clear risk.