Market Infrastructure

Market Infrastructure

ICMA Publishes ‘Success Criteria’ for Sustainable Finance Taxonomies

By Editors | 20/05/2021

ICMA compares the main features and methodologies of official taxonomies and provides five success criteria for use in benchmarking.

Market Infrastructure

Nomura to Set Up Electronic FX Trading Engine in Singapore

By Ranamita Chakraborty | 20/05/2021

The electronic FX pricing and trading engine will improve execution infrastructure, access to liquidity and price discovery for clients.

ESG / Sustainability

DBS, SGX, StanChart, Temasek to Launch Carbon Exchange

By Editors | 20/05/2021

‘Climate Impact X’ seeks to address a need for more high-quality carbon credits and promote active cross-border trading of such credits to drive global price transparency.

Market Infrastructure

Japanese FIs Still Have $24tr in LIBOR Exposures – Report

By Editors | 20/05/2021

The December 2020 figure is down only slightly from the $27.5tr of contracts referencing LIBOR 18 months earlier at the end of June 2019.

Market Infrastructure

BSP Tests new RTGS System Ahead of June 2021 Go-Live

By Editors | 20/05/2021

The BSP is testing the new peso RTGS system with banks and other participating institutions to determine readiness for go-live in June 2021.

ESG / Sustainability

Singapore Taskforce Issues Climate Disclosure Guide for FIs

By Editors | 19/05/2021

GFIT also announced a framework for green trade finance and published a roadmap to scale green finance in the real estate, infrastructure, fund management and transition sectors.

Market Infrastructure

HKMA Instructs Banks to Assess Need for Tertiary Data Backup

By Manesh Samtani | 18/05/2021

Banks are asked to critically assess the need to set up a secure tertiary data backup to guard against destructive cyber attacks.

Market Infrastructure

Macau: AMCM to Advance Training Initiatives for Financial Sector

By Sanday Chongo Kabange | 18/05/2021

The training initiatives will help develop the local financial sector and help Macau prepare for the Wealth Management Connect scheme.

Market Infrastructure

APRA Sets Launch Dates for New Data Collection Tool

By Editors | 18/05/2021

The test environment will be available from 17 June and production environment from 13 September. ADIs have to maintain BEAR information in APRA Connect from September.