Market Infrastructure

Big Picture

Australia Super Industry Calls for Better Cybersecurity Standards

By Ranamita Chakraborty | 16/02/2021

The industry is overwhelmingly in favour of introducing baseline cybersecurity standards and improving the regulatory framework to address industry-specific risks.

Market Infrastructure

IFRS Foundation Calls for Research Into IFRS 9, IFRS 15 Disclosures

By Editors | 16/02/2021

The aim of the research is to provide evidence about the quality of disclosure provided by entities applying IFRS 9 and IFRS 15.

Market Infrastructure

Trade Associations Issue Update to Green Loan Principles

By Editors | 15/02/2021

The update includes social risks in the categories to be considered as part of project evaluation and selection. Previously only environmental risks were included.

Big Picture

IOSCO Reviews Impact of Govt Support on Credit Ratings

By Editors | 15/02/2021

Government support measures played a “significant role” in alleviating the downward pressure on credit ratings, IOSCO found in its review.

Market Infrastructure

CPA Australia Calls for Reforms to ASIC Funding Model

By Editors | 15/02/2021

The accounting body has asked the government to consider the adoption of a partial cost-recovery model for ASIC to ease the burden on the financial industry.

Market Infrastructure

CBIRC to Continue Crackdown on Trust Financing Business

By Ranamita Chakraborty | 14/02/2021

The CBIRC is targeting a reduction of total outstanding trust financing products by CNY 1 trillion this year, and to entirely shut down this business over five years.

Market Infrastructure

HKMA Raises Expectations for Bank Codes of Conduct

By Manesh Samtani | 14/02/2021

Codes of Conduct should include provisions to address conflicts of interest, promote a culture of accountability and encourage staff to report unethical practices.

ESG / Sustainability

IIF Offers Recommendations on Aligning Climate Finance Regulation

By Editors | 13/02/2021

The recommendations are aimed at promoting consensus and international alignment in sustainable finance policy and regulation.

Enforcement

SEBI Penalises NSE, Former Officials in Colocation Case

By Editors | 12/02/2021

SEBI says NSE failed to ensure fair and equitable access by trading members subscribing to its tick-by-tick data feed system.