Market Infrastructure

Market Infrastructure

GFMA, BCG Publish Principles for Climate Finance Taxonomies

By Editors | 23/06/2021

The principles are based on a broader definition of climate finance which goes beyond debt instruments and captures equity financing and working capital.

Market Infrastructure

CSRC Standardises Assignment of Settlement Participant Codes

By Sanday Chongo Kabange | 23/06/2021

The new standards will facilitate data sharing between FIs and within settlement participants, thereby promoting standardisation and enhancing data governance.

Market Infrastructure

HKMA Notifies Banks of Enhanced Competency Framework

By Editors | 22/06/2021

Banks are asked to review and assess the impact of the SFC’s revised framework and take action to ensure compliance.

Market Infrastructure

Shenzhen to Establish Fund to Manage Carbon Credit Sales Proceeds

By Sanday Chongo Kabange | 22/06/2021

The fund will manage the income generated from selling carbon credits, primarily using it to finance green projects in Shenzhen.

Market Infrastructure

Australian Police to Establish Ransomware Taskforce

By Ranamita Chakraborty | 22/06/2021

The new taskforce will enable the Australian police to have a more unified approach to pursue ransomware attackers.

ESG / Sustainability

Japan Panel Offers Recommendations on Sustainable Finance

By Sanday Chongo Kabange | 22/06/2021

The panel says the FSA should introduce a code of conduct for ESG data providers and develop an information platform for ESG-related bonds.

Fintech / Regtech

Malaysia, Thailand Establish Cross-border QR Payment Link

By Manesh Samtani | 21/06/2021

The first phase of the project, now complete, allows Thai users to make QR code payments to merchants in Malaysia, including for online e-commerce transactions.

Big Picture

NGFS Paper Sets Out Biodiversity Loss Research Agenda

By Editors | 21/06/2021

An NGFS/INSPIRE study group will seek to improve understanding of the link between biodiversity loss and financial stability.

Market Infrastructure

CBIRC Issues Draft Rules for Major Bank Shareholders

By Sanday Chongo Kabange | 21/06/2021

Major shareholders cannot use borrowed funds to invest in banks, take out loans from the banks they invest in, or have cross-shareholdings with other banks.