Countries

Respondents selected the ‘compounded setting in arrears rate approach with a backward-shift adjustment’ and 'five-year historical median approach to the spread adjustment'.

Margin requirements will be lower for positions that are hedged against each other, making some options strategies more feasible for traders.

HKEX has asked 95 participants to address deficiencies relating to position limits and large open position reporting, risk management and China Connect trading activities.

APRA will develop guidance on climate change financial risk, conduct a vulnerability assessment of ADIs, and include ESG in superannuation investment governance guidance.

The temporary measures are aimed at reducing the risk of Covid-19 infection from face-to-face meetings between insurers, intermediaries and clients.

Regtech is not fintech, says Stephen Scott at Starling. While fintech firms look to regulators for permission, what most regtech firms require from regulators is their collaboration.

The PBOC has instructed six state-owned banks to provide low-interest loans to a broader pool of companies than originally specified under a special re-lending programme earlier this month.

The FSC is revising its guidelines on the supervision of financial conglomerates to enhance capital adequacy assessments, disclosure rules, and internal controls requirements.

Among the initiatives were the launch of the new OFC regime for private fund managers, a regulatory framework for virtual assets, and enhancements to the investor compensation regime.

At its Plenary, the FATF highlighted the use of digital identity systems, the new standards for virtual assets, and efforts to tackle illegal wildlife trade as some of its key initiatives.