Market Infrastructure

ESG / Sustainability

Taiwan FSC Unveils Green Finance Action Plan 2.0

By Lucy Zhang | 20/08/2020

The action plan seeks to promote green and sustainable financial markets, improve ESG disclosures, and establish a classification standard for the financial industry.

Market Infrastructure

The Case for a Central Lending Platform in Singapore

By Irene Liu | 20/08/2020

Not enough SMEs are taking advantage of government supported loan programmes, in part due to the onerous processes involved in accessing them, say PwC’s Irene Liu and Shierly Mondianti.

Market Infrastructure

MAS Becomes First Asian Government Entity to Issue RFR Debt

By Manesh Samtani | 19/08/2020

Singapore is seen to be leading Asia in its preparation for the cessation of LIBOR at the end-of 2021. Earlier this month, MAS announced new initiatives to catalyse SORA markets.

Big Picture

Asian Central Banks Fear Return of USD Funding Stress

By Editors | 19/08/2020

Trade frictions, a resurgence of Covid-19 infection rates, and rising corporate insolvency and credit rating downgrades could prompt renewed US dollar funding stress, says a new report.

Market Infrastructure

India Planning Specialised Cyber Agency for Financial Sector

By Editors | 19/08/2020

The specialised agency was proposed in 2017 by then finance minister Arun Jaitley. On Saturday, Prime Minister Narendra Modi said India will soon have a new cyber security policy.

Market Infrastructure

China to Promote Cross-Border Use of Renminbi, says PBOC

By Editors | 19/08/2020

China will facilitate trade and investment using the renminbi, the PBOC said in its annual RMB Internationalization Report.

Market Infrastructure

Taiwan to Tighten Rules on Investments from Mainland China

By Editors | 19/08/2020

A draft amendment will expand the definition used to determine whether a Taiwanese firm is considered Chinese-owned or under the control of a Mainland company.

Market Infrastructure

RBI Issues Draft Framework on Recognition of Payments SROs

By Editors | 18/08/2020

Recognised self-regulatory organisations would be responsible for establishing minimum benchmarks and standards for the proper functioning of their member entities.

Market Infrastructure

RBI Allows Formation of New Umbrella Entities for Retail Payments

By Editors | 18/08/2020

The framework allows private firms to apply to set up a new umbrella entity to operate retail payment systems. Currently, only the NPCI operates such an entity.