Market Infrastructure

Market Infrastructure

US Regulators Publishes Guidance on ‘Orderly’ LIBOR Transition

By Sanday Chongo Kabange | 21/10/2021

A draw on an existing agreement that is legally enforceable, such as a committed credit facility, would not be viewed as a new contract.

Market Infrastructure

BSE India to Offer T+1 Settlement from 3 January 2022

By Sanday Chongo Kabange | 21/10/2021

BSE has told members and vendors to make necessary changes to their trading applications to ensure T+1 is supported.

Market Infrastructure

APRA Issues Updated Guidance on New Remuneration Standards

By Sanday Chongo Kabange | 21/10/2021

The guidance has been updated to align with the Financial Accountability Regime and provide additional examples of better practices to help entities transition smoothly.

Market Infrastructure

FSB Seek Global Harmonisation in Cyber Incident Reporting

By Editors | 20/10/2021

The FSB will promote convergence in cyber incident reporting by developing best practices, defining information to be shared, and creating common terminologies.

Securities / Derivatives

New Beijing Stock Exchange Prepares for Launch

By Darien Choong | 20/10/2021

More than 100 market participants participated in a second round of tests. The new exchange is expected to start trading as early as this month.

Market Infrastructure

BIS Outlines Principles for Designing Effective Taxonomies

By Sanday Chongo Kabange | 20/10/2021

The principles for sustainable finance taxonomies will facilitate comparability and interoperability across firms and markets, the BIS says.

Market Infrastructure

LCH Expands Eligible Collateral to Include SGD Securities

By Editors | 20/10/2021

LCH says accepting SGD collateral will be an important tool for improving liquidity management and optimising margin costs.

ESG / Sustainability

Transition Guidance is “Fundamentally Important”, says FSA’s Ikeda

By ESG Investor | 19/10/2021

The FSA’s Satoshi Ikeda said the regulator is “eagerly pushing” for measures to enable more dynamic investing in low-carbon and zero-carbon technologies.

ESG / Sustainability

RBA Warns of Divestment Risk Amid Climate Change Threat

By Sanday Chongo Kabange | 19/10/2021

While there are currently only isolated examples of divestment from Australia because of climate risk, the likelihood of more significant divestment is increasing.