MARKET INFRASTRUCTURE

    Capital / Liquidity

    China Publishes Draft Framework for D-SIB Assessments

    By Editors | 28/11/2019

    Moody’s says the regulation may widen credit divergences between large and small banks, as the latter are less likely to receive less government support.

    Market Infrastructure

    China Eyes Stronger Data Governance Standards for Financial Sector

    By Editors | 28/11/2019

    The China Banking Association is working to develop technology standards to facilitate data analysis, while also ensuring adequate security and data quality management.

    ESG / Sustainability

    Why the HKMA is Taking ESG Investing Seriously

    By AsianInvestor | 26/11/2019

    The head of risk for the de-facto central bank’s investment portfolio explains why it is implementing ESG principles into its investing practices.

    Market Infrastructure

    MAS, ABS Conclude 6th Crisis Response Testing Exercise

    By Editors | 23/11/2019

    ‘Exercise Raffles’ brought together the public and private sectors – including the FS-ISAC, HKMA, CSA, SGX, SWIFT and FIS Global – to test cyber and operational disruption response capabilities.

    Market Infrastructure

    ACCC Authorises ABA Changes to Banking Code of Practice

    By Editors | 23/11/2019

    The ACCC’s authorisation was needed because changes to the Code to reflect the royal commission recommendations required competing banks to reach an agreement through the ABA.

    Market Infrastructure

    Japan FSA Reviews Proposal to Reorganise Tokyo Bourse

    By Editors | 22/11/2019

    The proposal would recast the TSE’s existing boards into a “prime” market for blue chips, a “standard” market for mid-tier companies and a “growth” board for startups.

    Market Infrastructure

    FSB Urges ISDA to Embed LIBOR Pre-Cessation Trigger in Definitions

    By Garima Chitkara | 21/11/2019

    The FSB says a pre-cessation trigger should be added alongside a cessation trigger as standard language in definitions for both new and outstanding derivatives contracts.

    Market Infrastructure

    CEINEX Prepares to Launch Shanghai-Deutsche Stock Connect

    By Editors | 21/11/2019

    Under the plan, German companies will issue CDRs on the SSE, and Chinese companies will issue GDRs on the Frankfurt Stock Exchange.

    Market Infrastructure

    EP Association Adopts 4th Iteration of ‘Equator Principles’

    By Editors | 21/11/2019

    DBS becomes the newest of 101 financial institutions to adopt the ‘Equator Principles’, a globally recognised framework for determining, assessing and managing environment and social risk in project finance.

    Market Infrastructure

    Hong Kong Leads Asia on LIBOR Transition Readiness: KPMG

    By Manesh Samtani | 21/11/2019

    Survey findings and discussions with banks in the region indicate a lack of readiness for the LIBOR transition. But, failure to keep up will eventually prove disruptive, KPMG says.

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