Market Infrastructure

Fintech / Regtech

PayPal Acquires Full Control of China Payments Business

By Editors | 14/01/2021

PayPal is the first foreign firm to own a 100% stake in a payment platform in China, having obtained a licence to operate in the country a year ago.

Big Picture

DTCC Outlines Key Risk Management Priorities for FMIs

By Editors | 14/01/2021

In a new white paper, DTCC highlights the need for financial market infrastructures to focus on risks created or exacerbated by the impact of the pandemic.

Market Infrastructure

PBOC to Enhance Data Protection Rules in Credit Reporting Industry

By Editors | 14/01/2021

The PBOC is looking to address inadequate protection of customer data in the credit reporting industry, explicitly prohibiting the abuse of personal and corporate credit information.

Market Infrastructure

LIBOR Transition Must be Complete by Year-End, UK Regulators Warn

By Editors | 14/01/2021

From end-March 2021, GBP LIBOR should no longer be used in any new loans, bonds, securitisations and linear derivatives that mature after end-2021.

ESG / Sustainability

Group of Five Urges Adoption of Sustainability Reporting Prototype

By ESG Investor | 13/01/2021

The harmonised global sustainability reporting framework offers comprehensive “running start” in standardised disclosure.

Market Infrastructure

ORX Launches Central Hub to Facilitate Cyber Risk Management

By Editors | 12/01/2021

The central hub allows cyber and information security risk management professionals to collaborate, exchange ideas and learn from each other’s practices.

Market Infrastructure

DSB Launches Consultation on Fee Structure for UPI

By Editors | 12/01/2021

Market participants are invited to provide feedback on the assumptions and proposals that will underpin the fee model for the UPI.

Market Infrastructure

BSP Deploys New Supervisory Assessment Framework

By Editors | 12/01/2021

SAFr aims to facilitate forward-looking assessments of financial institutions and link their systemic importance and risk profile to the level of supervisory attention they receive.

Market Infrastructure

PBOC Outlines Work Programme, Policy Priorities for 2021

By Editors | 12/01/2021

The priorities include measures to promote green finance, expand the opening up of the financial system, deepen bond market reforms, and tackle financial system risk.