Market Infrastructure

Market Infrastructure

IMF Probes Kristalina Georgieva Over Data-Rigging Allegations

By Sanday Chongo Kabange | 24/09/2021

IMF managing director Kristalina Georgieva has denied involvement in alleged data irregularities to improve China’s “Doing Business” ranking.

Market Infrastructure

China: Guangdong to Accelerate Integration of GBA Markets

By Sanday Chongo Kabange | 24/09/2021

The Guangdong provincial government has outlined key priority areas for regional financial market integration in a new action plan.

Market Infrastructure

Japan FSA Issues Business Improvement Order to Mizuho

By Editors | 24/09/2021

The order requires Mizuho to submit a report to the FSA by 29 October on its IT systems and detailed improvement plans.

Market Infrastructure

IBA Launches New RFR Indexes to Facilitate LIBOR Transition

By Editors | 24/09/2021

IBA has now launched RFR indexes for SOFR, SONIA, €STR and TONA, providing daily values that represent accrued compound interest.

Big Picture

Industry Group Considers Options for Protecting Data at FMIs

By Editors | 23/09/2021

There is no standard approach to identifying the types of data that need to be protected, nor the manner in which that data should be protected.

Market Infrastructure

BNM Issues New Regulatory Requirements for Merchant Acquirers

By Editors | 23/09/2021

The new requirements will ensure merchant acquiring services have measures in place to manage settlement risk, financial risk, fraud risk, technology risk and cyber risk.

Enforcement

Japan FSA to Oversee System Improvements at Mizuho – Report

By Editors | 22/09/2021

An FSA team will directly oversee a system inspection and improvements at Mizuho following seven system failures at the bank this year.

Market Infrastructure

Valuations of ESG Assets May be Stretched, BIS Warns

By Manesh Samtani | 21/09/2021

The BIS compares the ESG boom to railroad stocks in the mid-1800s, internet stocks during the dotcom bubble, and MBS during the GFC.

Market Infrastructure

BSP Issues Governance Policy for Operators of Payment Systems

By Editors | 21/09/2021

Payment system operators including banks and electronic money issuers have six months to comply with the requirements.