MARKET INFRASTRUCTURE

Market Infrastructure

Euroclear Bank, Shanghai Clearing House Launch ‘Yulan Bonds’

By Editors | 09/12/2020

Yulan bonds issued by SHCH will use real time multi-currency DVP settlement with any counterparty within Euroclear Bank’s network.

Market Infrastructure

Singapore to Lay Foundation for Regional Carbon Credits Market

By Manesh Samtani | 09/12/2020

Ravi Menon said there is a need for more high-quality carbon credits and more trading of such credits across borders to drive convergence towards a global price on carbon.

ESG / Sustainability

Taiwan FSC Unveils Three Year Capital Market Roadmap

By Sanday Chongo Kabange | 09/12/2020

The roadmap aims to promote ESG development, establish operational rules to enable central clearing for OTC derivatives, and boost fundraising in the capital markets.

Market Infrastructure

PBOC Launches Cyber Info Sharing Platform for Financial Sector

By Editors | 09/12/2020

The platform was built by ICBC, China Construction Bank and other FIs, to improve industry cyber defences and prevention capabilities.

ESG / Sustainability

MAS Finalises Environmental Risk Management Guidelines for Banks

By Manesh Samtani | 08/12/2020

MAS has extended the transition period from 12 months to 18 months, and says it will start engaging key banks on their implementation progress from Q2 2021.

Market Infrastructure

NZX Enhances Infrastructure, Security Following Independent Reviews

By Editors | 08/12/2020

EY was commissioned to look into issues stemming from record trading volumes in March and April, while InPhySec looked into NZX’s DDoS attack response in August.

Fintech / Regtech

Singapore, Thailand to Enable Instant Payments Link by Mid 2021

By Manesh Samtani | 08/12/2020

Described as “the first-of-its-kind in the world”, the link will enable instant money transfers between Singapore’s PayNow and Thailand’s PromptPay.

Capital / Liquidity

Addressing Credit Risk Uncertainty Through Collateral & Data

By Editors | 08/12/2020

Panellists at a recent Regulation Asia webinar highlighted the importance of sound collateral management and data practices to manage loan loss uncertainty in the year ahead.

ESG / Sustainability

HKMA Invites Banks to Participate in Climate Stress Testing Pilot

By Editors | 07/12/2020

Participating banks will need to assess physical risk and transition risk separately under different scenarios, and evaluate the financial impact in both the short term and long term.