Market Infrastructure

Market Infrastructure

China Sets Stage for GBA Wealth Management Connect Scheme

By Editors | 29/06/2020

Under a pilot scheme, Greater Bay Area residents will be able to invest in wealth management products distributed by GBA banks across boundaries.

Securities / Derivatives

Singapore Banks Ready to Trade SORA Derivatives

By Editors | 29/06/2020

The ABS and SC-STS say “significant progress” has been made in key technical work to support Singapore’s transition from SOR to SORA.

Big Picture

FSB Evaluates Efficacy of Too-big-to-fail Reforms

By Editors | 29/06/2020

The evaluation found that the TBTF reforms have made indeed banks more resilient and resolvable, but barriers to bank resolvability still need to be addressed.

Capital / Liquidity

India Brings Cooperative Banks Under RBI Oversight

By Editors | 29/06/2020

Under the Banking Regulation Act amendments, cooperative banks can also undertake merger and restructuring activities more easily and access to fundraising channels.

ESG / Sustainability

A Detailed Look at MAS’ Environmental Risk Management Guidelines

By Grace Chong | 29/06/2020

Grace Chong at global law firm Simmons & Simmons JWS analyses the key points of MAS’ proposed Guidelines on Environmental Risk Management, and sets out the key practical steps to be taken.

Enforcement

RBNZ Secures Funding to Boost Supervisory, Enforcement Capability

By Editors | 28/06/2020

The RBNZ will direct the additional funding towards its supervisory and enforcement capability, technology infrastructure and security architecture.

Market Infrastructure

IOSCO Offers Guidance to Promote Deference Between Regulators

By Editors | 28/06/2020

IOSCO offers 11 good practices to help regulators establish and operate efficient deference processes, and mitigate the risk of market fragmentation.

Market Infrastructure

CPMI-IOSCO Describes Work Needed to Improve CCP Auctions

By Editors | 27/06/2020

CPMI and IOSCO have asked CCPs to address a number of issues related to default management auctions within 24 months.

ESG / Sustainability

MAS Consults on Environmental Risk Management Guidelines for FIs

By Manesh Samtani | 25/06/2020

The guidelines set out MAS’ supervisory expectations for banks, insurers and asset managers in their governance, risk management, and disclosure of environmental risk.