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Asset manager and asset owner reporting to clients and beneficiaries may not be sufficient, says new report from the TCFD.

The amendments are aimed at improving the assessment of banks' complexity in the D-SIB identification process, and reducing the weight of the size factor, among other changes.

The one-year extension over what was proposed in June reflects a need for more post-trade processing capacity, highlighted by March's extreme increases in trading volumes.

One of the main concerns for Chinese banks is that a loss of access to dollar finance could hamper their ability to lend to corporate customers that rely on USD financing.

The DSB has expanded its Technology Advisory Committee to reflect the geographic diversity that will underpin the global UPI implementation effort.

The FCA’s experience with SMCR could inform senior management regimes in other jurisdictions such as Singapore, Australia and Hong Kong.

China's regulators are working to further relax restrictions on cross-border investment and create new channels for domestic and foreign investors alike.

The draft ARS 220.0 is intended to align with the updated Prudential Standard APS 220 Credit Risk Management, which will come into effect from 1 January 2022.

The plan, backed by five government agencies, includes the introduction of a carbon market and two-way cross-border participation in green finance and climate-friendly investment.

Banks can more precisely and objectively assess SME credit risk with access to more data, such as trading and turnover statistics, says HKMA chief Eddie Yue.