MARKET INFRASTRUCTURE

Market Infrastructure

UK Regulators to Review LME’s Handling of Nickel Disruption

By Editors | 05/04/2022

The FCA will review LME’s approach to managing the suspension and resumption of the nickel market, while the BOE will review LME Clear.

Market Infrastructure

Singapore CSA Developing Technical Reference on Cybersecurity

By Editors | 05/04/2022

The Technical Reference will provide guidance on the adoption of tiered cybersecurity measures to address the different risk profiles of enterprises.

Market Infrastructure

HKMA Issues Guidance on Customer Data Protection

By Editors | 04/04/2022

The guidance highlights the need for banks to put in place effective data governance frameworks and control measures to protect their customer data.

Big Picture

“Room for Improvement” in Climate Risk Tools – UNEP FI

By ESG Investor | 03/04/2022

Greater scope and depth needed to keep pace with demand for more holistic approaches to climate risk management by banks and investors.

Market Infrastructure

Indonesia Designates IndONIA as Overnight Rupiah Benchmark

By Editors | 03/04/2022

Regulators are calling on market participants to increase the use of IndONIA as an interest rate benchmark in rupiah financial products and instruments.

ESG / Sustainability

Malaysia JC3 Issues Draft TCFD Application Guide for FIs

By Editors | 03/04/2022

All Malaysian FIs will be expected to adopt basic recommendations set out in the application guide and encouraged to adopt more sophisticated ‘stretch’ recommendations.

Market Infrastructure

HKMA, SFC to Add Calculation Periods to Clearing Rules

By Editors | 03/04/2022

The HKMA and SFC also proposed to add Nomura Financial Products Europe GmbH to the FSP List under the OTC derivatives clearing regime.

Market Infrastructure

Thai SEC Launches New Portal for Cyber Incident Reporting

By Editors | 03/04/2022

The portal will also be used to disseminate information about preventive measures firms can take to reduce the risks and impacts of cyber threats.

Market Infrastructure

New Data Protection Requirements Enter into Force in Japan

By Manesh Samtani | 03/04/2022

Japan’s revised law on the protection of personal data raises penalties for non-compliance, tightens breach reporting requirements, and gives data subjects additional rights.