Market Infrastructure

ESG / Sustainability

China ETS Sees Lower Than Expected Trading Performance

By Editors | 30/12/2022

Only 44 million tonnes of carbon allowances were traded during 2022, down from 179 million tonnes in 2021, though the market has now exceeded CNY 10 billion in cumulative turnover.

Market Infrastructure

SEBI Proposes Regulatory Framework for Index Providers

By Manesh Samtani | 29/12/2022

Index providers could be subject to SEBI’s framework even if they do not know their indices are being used in India, and even if they are not regulated in their home market.

Market Infrastructure

BSP Issues Rules for Participants of RTGS Payment System

By Editors | 28/12/2022

Non-bank e-money issuers and other entities can become direct participants of the RTGS payment system without being sponsored by existing participants.

Fintech / Regtech

Korea to Enhance KCIS Data to Facilitate SME Lending

By Editors | 28/12/2022

More granular information on SMEs will be added to the public credit registry. Additional measures will enhance competition in the credit rating market.

ESG / Sustainability

India Plans to Develop Carbon Market by 2026 – Report

By Editors | 28/12/2022

A compliance market and voluntary market will be set up, along with a stabilisation fund to support prices of carbon credits.

Market Infrastructure

EU Member States Agree on Revisions to CSDR

By Editors | 27/12/2022

The mandatory buy-in regime would be used as a “measure of last resort”, activated only in the case where the “level of settlement fails would be substantial in the EU.”

Fintech / Regtech

BNM Finalises New Rules for Payment System Operators

By Editors | 22/12/2022

The policy document primarily sets out regulatory requirements covering governance and risk management, in alignment with the PFMI.

Crypto / Digital Assets

ESMA Issues Guidelines for Operators of DLT Market Infrastructure

By Editors | 22/12/2022

The guidelines include templates firms can use to apply for permission to operate DLT market infrastructure under the EU’s DLT Pilot Regulation.

Market Infrastructure

ESMA Publishes Final Guidelines, Validation Rules for EMIR Refit

By Editors | 22/12/2022

ESMA published its final guidelines for reporting under EMIR, the final validation rules, and reporting instructions for outgoing and incoming messages.