Market Infrastructure

ESG / Sustainability

UK, Singapore Commit to Deepening Regulatory Cooperation

By Editors | 01/07/2021

Officials agree to explore cross-border financial regulation, carbon market trading linkages, and collaboration opportunities via their BIS Innovation Hub centres.

Big Picture

Investors Call for Mandatory Climate Disclosures in Australia

By Sanday Chongo Kabange | 01/07/2021

Paper outlines suggestions for mandatory climate risk disclosures to be introduced in Australia over the next four years.

Market Infrastructure

New Licensing Rules Take Effect for FIs in China

By Sanday Chongo Kabange | 30/06/2021

From 1 July, regulators will reissue new licences to banks and insurers, valid for one year, to allow for a transition and exchange period.

ESG / Sustainability

IOSCO Set to Issue Regulatory Guidance on ESG Ratings

By Ranamita Chakraborty | 29/06/2021

A report due to by published be mid-July will offer guidance to ESG service providers and ratings agencies and recommendations for regulators.

Market Infrastructure

FSB Launches Review of Corporate Debt Workouts

By Editors | 29/06/2021

Feedback is invited from financial institutions, corporates, insolvency practitioners and other stakeholders in relation to out of court debt workouts.

Market Infrastructure

Chinese Regulators Instruct Banks to Reduce Interbank Payment Fees

By Sanday Chongo Kabange | 29/06/2021

Banks have a one-month transition period to implement the fee reduction measures, which focus on intra-city and inter-bank withdrawals from ATMs.

Market Infrastructure

SWIFT’s Enhanced Platform Endorsed by Six Global Banks

By Editors | 29/06/2021

Bank of China, BNY Mellon, BNP Paribas, Citi, Deutsche Bank and Standard Chartered have confirmed their preparations for the enhanced platform ahead of the November 2022 go-live.

Crypto / Digital Assets

HKEX Names Firms Piloting New Stock Connect Settlement Platform

By Sanday Chongo Kabange | 28/06/2021

BNP Paribas, Citibank, CSOP Asset Management, Invesco, Northern Trust, State Street, Standard Chartered, BNY Mellon and HSBC will join the HKEX Synapse pilot.

Big Picture

New Report Explores Impact of AT/HFT on Hong Kong Equities

By Manesh Samtani | 28/06/2021

Algorithmic trading and high-frequency trading were generally not found to have a deteriorating impact on market liquidity or increase market volatility.