Market Infrastructure

Big Picture

Cross-border Real Estate Investors Raise APAC Financial Stability Risk

By Manesh Samtani | 16/09/2020

Global investors amplify volatility in commercial real estate markets, a phenomenon that has been pronounced during the Covid-19 shock, the BIS says.

Fintech / Regtech

BNP, Digital Asset to Develop DLT Connectivity to ASX, HKEX

By Editors | 15/09/2020

BNP Paribas Securities Services and Digital Asset have joined forces to design real-time trade and settlement apps using DAML smart contracts.

ESG / Sustainability

New Zealand to Introduce Mandatory Climate Risk Reporting

By Manesh Samtani | 15/09/2020

If approved by Parliament, the new comply-or-explain climate risk disclosure regime could come into effect in 2023 at the earliest.

Market Infrastructure

BOT Expects Limited Impact from Transition to THOR

By Manesh Samtani | 15/09/2020

BOT has asked all commercial banks to form working groups to prepare for the changes, saying it will follow up to assess transition progress.

Market Infrastructure

Data, Technology Crucial for New Normal, LIBOR Transition

By Bing Li | 15/09/2020

The LIBOR transition opens the door to a fundamental rethink of the use of data and technology, and how firms provide products and services to customers, says Bloomberg’s Bing Li.

Capital / Liquidity

PBOC Publishes Final Rules for Financial Holding Companies

By Editors | 14/09/2020

Existing groups that meet the requirements have 12 months to apply to the PBOC for establishment and licensing, with at least CNY 5 billion in registered capital.

Market Infrastructure

Bangladesh Bank Offers Assurances on Cybersecurity at Banks

By Duruthu E Chandrasekera | 14/09/2020

Bangladesh banks in facing renewed cyber threats last month, but their regulator, Bangladesh Bank, says the situation is under control.

Fintech / Regtech

BSP Launches Digital Payment Platform for Retail Transactions

By Sanday Chongo Kabange | 14/09/2020

The New Order of Payment System, or NOPS, is a secure web-based system that offering various channels through which payments can be made to the BSP.

Market Infrastructure

Taiwan Banks Urged To Offer Bilingual Financial Services

By Sanday Chongo Kabange | 14/09/2020

The FSC is encouraging all banks to set up bilingual branches and enhance the English proficiency of their staff members as part of its efforts to become a regional financial hub in Asia.