Market Infrastructure

The policy move is aimed at providing greater flexibility and efficiency in foreign exchange risk management and business operations.

The FMA considers that it may be useful to continue existing exemption relief for Australian licensees and advisers already meeting ASIC requirements.

The BOT, Thai Bankers’ Association and 15 banks have taken steps to establish common policies to ensure socially-conscious loan approvals based on ESG factors.

The rules cover financial resources management and multilateral netting, specifying how the CSDC will handle defaults from settlement participants.

APRA is consulting on changes to the implementation schedule for initial margin requirements in Australia, in line with the one-year phased extension granted by BCBS and IOSCO last month.

The FSC and FSS have jointly announced a set of measures designed to simplify the approval process for innovative businesses in finance.

The release of the new debt-to-income data comes as the government considers including it as an additional tool in the RBNZ’s macro-prudential toolkit.

The Overseas Filipino Bank was launched in January to cater to overseas Filipino workers, who will more easily be able to access digital-only services.

The so-called ‘Myanmar Public Companies Board’ will serve as a stepping stone for domestic companies to list on the YSX, which still lists only 5 companies.

The new guidance describes climate change as a "systemic risk that could have a material impact on the future financial position, performance or prospects of entities".