MARKET INFRASTRUCTURE

ESG / Sustainability

Singapore Taskforce Proposes Taxonomy for Identifying Green Activities

By Editors | 29/01/2021

The taxonomy draws on the theoretical underpinnings of the EU taxonomy and proposes a traffic-light system which sets out how activities are classified.

Big Picture

BigTechs in Finance Needs More Comprehensive Regulatory Approach

By Manesh Samtani | 28/01/2021

Rules for designating financial institutions as systemically important should be redefined so they can be applied to BigTech entities, says Agustín Carstens.

Market Infrastructure

FMA Review Finds NZX Technology Capability Lacking

By Editors | 28/01/2021

NZX is required to develop a detailed, time-bound action plan to address the technology issues identified in a review conducted by the FMA.

Fintech / Regtech

PBOC Tightens Rules on Managing Customer Funds for Payment Firms

By Editors | 27/01/2021

Customer reserve funds must be deposited either at the PBOC or with an eligible commercial bank, and transferred only through a clearing institution.

Big Picture

China Access Channels for Foreign Institutional Investors: ASIFMA

By Editors | 27/01/2021

New ASIFMA paper looks at the various investment access channels for foreign institutional investors investing in China’s capital markets.

Market Infrastructure

Policy Rethink Needed to Promote Green Finance Development in India

By Manesh Samtani | 27/01/2021

India needs a policy framework that addresses existing frictions at both the national and state levels, says a new paper from the RBI.

Market Infrastructure

Japan, Shanghai, Shenzhen to Expand ETF Connectivity Scheme

By Editors | 27/01/2021

The exchanges agreed to broaden the lineup of products available under the scheme and to collaborate in other areas including sustainable finance.

Capital / Liquidity

PBOC, CBIRC Approve New Capital Raising Tool for Banks

By Manesh Samtani | 26/01/2021

While small banks face acute funding needs, larger banks and G-SIBs will similarly have to bolster capital to address rising NPLs and incoming regulatory requirements.

Market Infrastructure

ASIC Data System Illegally Accessed by Malicious Attacker

By Editors | 25/01/2021

The affected server was being used to share documents associated with recent credit licence applications, though no forms or attachments are believed to have been accessed.