Market Infrastructure

Market Infrastructure

FS-ISAC Launches Cyber Threat Intelligence Exchange Platform

By Editors | 13/05/2020

The launch comes as cyber criminals look to leverage the uncertainty and panic around Covid-19 for financial fraud, scams, and other malicious activity.

Market Infrastructure

ICMA Publishes High-level Definitions For Sustainable Finance

By Editors | 12/05/2020

There is a need for convergence on terminology among markets participants, wider stakeholders, as well as policymakers and regulators, ICMA says.

Big Picture

All Firms Are Taking Steps to Align Compensation With Risk: FSB

By Manesh Samtani | 12/05/2020

Banks, insurers and asset managers are increasingly making use of non-financial metrics and better data to assess compensation policy effectiveness and align compensation with risk.

Market Infrastructure

China to Allow Foreign Banks’ Local Branches Fund Custody Licence

By Editors | 12/05/2020

Under the trade agreement with the US in January, China committed to allowing branches of US financial institutions to provide fund custody services in the country within five months.

Market Infrastructure

FMSB Review Highlights Data Risks in Wholesale FICC Markets

By Editors | 12/05/2020

The paper highlights the benefits of moving to a more centralised data strategy, including cost reduction, risk reduction, and the ability to better use data to drive value.

Capital / Liquidity

UK Regulators Defer Majority of Regulatory Initiatives

By Editors | 11/05/2020

Incoming Basel requirements and margin rules will be deferred. The transition away from LIBOR will continue as planned. Work is still underway to prepare for Brexit.

Fintech / Regtech

ACCC, OAIC Outline Enforcement Approach to Data Rights Breaches

By Editors | 11/05/2020

A ‘strategic risk-based approach’ to compliance and enforcement has been adopted, focusing on building consumer confidence in the security and integrity of the Consumer Data Right system.

Big Picture

Regulatory Initiatives to Address Culture & Conduct Risk in Banking

By Editors | 11/05/2020

In its latest annual Compendium, Starling draws on survey findings and commentary from regulators to identify ten culture and conduct trends in the banking sector.

Market Infrastructure

ESMA Approves Four Trade Repositories for SFTR Reporting

By Editors | 10/05/2020

DTCC, UnaVista, KDPW and REGIS-TR will have their TR registrations for derivatives contracts under EMIR extended to include securities financing transactions under SFTR.