Market Infrastructure

Crypto / Digital Assets

Bursa Malaysia Concludes Blockchain Bond POC with STACS

By Sanday Chongo Kabange | 03/06/2021

The collaborative efforts from the PoC have established a new ‘Bond in a Box’ operating model that shows commercial potentials, the project report says.

Market Infrastructure

FSB, IOSCO Issue Statements in Support of Smooth LIBOR Transition

By Editors | 02/06/2021

The FSB warns against waiting for the development of forward-looking term RFRs. IOSCO urges market participants to stop issuing new LIBOR products.

Market Infrastructure

IHS Markit Starts Publishing New Credit-sensitive Rates

By Editors | 02/06/2021

The new rates are aimed at helping to facilitate the transition away from LIBOR for firms that want a term rate with credit sensitivity.

Market Infrastructure

PBOC Issues Guidance on USD Loans Ahead of LIBOR Cessation

By Manesh Samtani | 02/06/2021

Guidance was issued on the terms that should be included in new and old contracts referencing USD LIBOR as well as in new contracts referencing SOFR.

ESG / Sustainability

FINMA to Require Banks, Insurers to Disclose Climate Risks

By Editors | 02/06/2021

New disclosure rules will enter into force on 1 July, requiring large banks and insurers to disclose climate-related financial risks.

Market Infrastructure

CBIRC Issues Final Rules on Evaluating Bank Director Performance

By Sanday Chongo Kabange | 02/06/2021

The new rules, effective 1 July, will strengthen and standardise performance evaluations of directors and supervisors of banks and insurers, the CBIRC said.

Market Infrastructure

Hong Kong, Shanghai Announce First ETF Cross-Listings

By Editors | 02/06/2021

The ETF cross-listing mechanism provides Chinese investors another avenue to access the Hong Kong market besides Stock Connect.

Market Infrastructure

FSB Proposes Global Targets for Enhancing Cross-border Payments

By Editors | 01/06/2021

The FSB proposes quantitative targets for improving cost, speed, transparency and access for cross-border wholesale payments, retail payments and remittances.

Capital / Liquidity

PBOC Tightens FX Market Liquidity to Curb Speculation

By Manesh Samtani | 01/06/2021

The PBOC has raised the RRR for foreign currency deposits for the first time in 14 years and asked enterprise and FIs not to engage in FX speculation.