Market Infrastructure

Big Picture

ICMA Explores Role of Repo Market in Sustainable Finance

By Editors | 25/04/2021

A new ICMA paper looks at the intersections between the repo and collateral market and sustainable finance.

ESG / Sustainability

European Sustainability Reporting Standards Within 18 Months

By ESG Investor | 23/04/2021

Patrick de Cambourg, Chair of the EFRAG Project Task Force, told ESG Investor that the formation of the EU sustainability reporting standards will be collaborative.

Market Infrastructure

DTCC Study Highlights Need to Enhance Post-trade Processes

By Editors | 22/04/2021

The sell-side is seeking enhancements to reconciliations and confirmations capabilities. The buy-side is focusing on fails and collateral management.

Market Infrastructure

HKMA Directs Banks to Prepare for OpRisk Rule Updates

By Manesh Samtani | 22/04/2021

The HKMA plans to revise its SPM module on Operational Risk Management to incorporate elements of the revised PSMOR issued by the BCBS.

ESG / Sustainability

APRA Issues Draft Guidance on Climate-related Financial Risk

By Manesh Samtani | 22/04/2021

The consultation says institutions and boards may face liability risks if they do not adequately consider or respond to the impacts of climate change.

Market Infrastructure

ARRC Outlines Principles for Forward-Looking SOFR Term Rate

By Editors | 22/04/2021

The ARRC said it is seeking to provide greater clarity on the likelihood and potential timing of a recommended SOFR term rate for certain uses.

ESG / Sustainability

PBOC Announces Additional Measures on Climate

By Manesh Samtani | 21/04/2021

The PBOC will allocate more green bonds to China’s foreign exchange reserves. A new catalogue of projects that are eligible for green bond issuance has been issued.

Market Infrastructure

StanChart Commits to Cutting Emissions in Shipping Portfolio

By Manesh Samtani | 21/04/2021

Standard Chartered has joined 25 other signatories to the Poseidon Principles, a global framework that targets carbon emission cuts in the shipping industry.

Market Infrastructure

FMSB Offers Guidance on Transitioning LIBOR Back Book

By Manesh Samtani | 20/04/2021

The Spotlight Review examines back book transition complexities through practical case studies and sets out key considerations for managing the associated risks.