Market Infrastructure

Fintech / Regtech

Securities Market Principles Can Be Applied to Stablecoins: IOSCO

By Editors | 25/03/2020

Preliminary analysis concludes that the Principles for Financial Market Infrastructures could apply to the global stablecoin arrangements, among other principles and standards.

Capital / Liquidity

S. Korea Announces Emergency Financial Aid Package

By Editors | 24/03/2020

The 100-trillion-won package includes funding for businesses, two market stabilisation funds, support for new bond issuance and liquidity support for brokerage firms.

Market Infrastructure

Australia Unveils Stage Two Economic Package Worth A$66.1b

By Editors | 23/03/2020

Including the new package, a total A$189bn is being injected into the economy by ‘all arms of the government’ to ‘help build a bridge to recovery’.

Market Infrastructure

US Fed Indicates Open-ended Commitment to Quantitative Easing

By Editors | 23/03/2020

“Aggressive efforts must be taken across the public and private sectors,” the Fed said, effectively pledging to buy Treasuries and mortgage-backed securities to any extent required

Fintech / Regtech

Singapore, Australia Agree to Promote Data Connectivity, Digital Economy

By Editors | 23/03/2020

Singapore and Australia have committed to allowing financial institutions to choose where their data is stored and prohibiting data localisation, among a raft of other agreements.

Market Infrastructure

Hong Kong Introduces Legislation to Enhance Regulatory Framework for Insurers

By Editors | 23/03/2020

The bills provide a regulatory regime for insurance-linked securities, expand the scope of insurable risks of captive insurers, and empower the IA to regulate insurers at the group level.

Fintech / Regtech

Now More than Ever: The Need for Reliable Conduct Risk Metrics

By Stephen Scott | 20/03/2020

The demands being imposed on the global banking system highlight the Achilles Heel of nonfinancial risk management and, particularly, misconduct risk, says Stephen Scott at Starling.

Market Infrastructure

FSC Korea Authorises KODIT to Develop New Credit Scoring System

By Editors | 20/03/2020

The new system will use non-financial and transaction information of SMEs and small merchants to generate credit scores, improving their ability to obtain financing and credit guarantees.

Market Infrastructure

Singapore Steering Committee Publishes SORA Transition Roadmap

By Editors | 19/03/2020

Banks aim to start active trading in SORA derivatives in the second half of the year, and SORA-based loans will launch by year-end.