Market Infrastructure

Market Infrastructure

ORX Expands Operational Risk Taxonomy for Financial Services

By Editors | 26/11/2020

The 2020 iteration of the taxonomy has been extended to include operational risks causes and impacts, to allows firms to add context to their data.

Market Infrastructure

NZX Formalises Role of Technology Committee in Enhancing Governance

By Editors | 26/11/2020

The specialist committee was established in April as an interim measure in response to technical issues stemming from record trading volumes.

Market Infrastructure

Stock Connect Set to Include Pre-profit Biotechs, STAR Market Stocks

By Manesh Samtani | 26/11/2020

In a policy address, Hong Kong chief executive Carrie Lam discussed measures to expand Stock Connect and enhance the city’s integration into the Greater Bay Area.

Securities / Derivatives

IOSCO Outlines Priority Areas of Work for Year Ahead

By Editors | 25/11/2020

At its 45th Annual Meeting, the IOSCO Board approved two additional priority themes for 2021 as well as further work to promote consistent sustainable finance disclosures.

Market Infrastructure

Singapore, Chongqing Work to Enhance Financial Connectivity

By Sanday Chongo Kabange | 25/11/2020

MAS managing director Ravi Menon spoke of collaboration between the two cities on trade, cross-border lending, green finance, and disaster risk insurance.

Market Infrastructure

MAS Offers Grants to Support Green and Sustainability-Linked Loans

By Editors | 25/11/2020

MAS will defray the costs associated with engaging independent sustainability assessment and advisory service providers for green and sustainability-linked loans.

Securities / Derivatives

HKEX to Enhance Northbound Stock Connect Post-trade Processing

By Editors | 24/11/2020

HKEX is targeting a Q1 2022 launch for the new settlement platform, which will automate and streamline post-trade processes and improve settlement efficiency.

Market Infrastructure

APRA Finalises Revisions to EFS Reporting Standards

By Editors | 24/11/2020

Based on market feedback, the implementation date of the changes for most of the standards has been moved forward three months to the reporting period ending 30 September 2021.

Fintech / Regtech

Consortium of Japanese Firms to Test Digital Currency in April

By Sanday Chongo Kabange | 24/11/2020

The consortium, which includes Japan’s three megabanks as members, aims to address a lack of interoperability between digital payment platforms in the country.