Market Infrastructure

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.

Market Infrastructure

SEBI Proposes to Ease Stock Exchange Ownership Norms

By Editors | 12/01/2021

Domestic promoters will be allowed to own 100% of a newly set-up stock exchange or depository for up to 10 years. Foreign promoters will be allowed to own up to 49%.

Market Infrastructure

RBI Directs Banks to Enhance Internal Audit Function

By Editors | 12/01/2021

Banks are encouraged to adopt the international standards for internal audit, such as those issued by the BCBS or the Institute of Internal Auditors.

Market Infrastructure

CCPs Should Limit Procyclical Changes to Initial Margin: ISDA

By Editors | 11/01/2021

Procyclical changes to initial margin levels ended up draining liquidity from the market and contributing to market stress during the March/April market turmoil.