Market Infrastructure

Fintech / Regtech

Australia Set to Announce A$1.2bn Digital Economy Strategy

By Editors | 10/05/2021

The full strategy will be released on 11 May, and include investments in artificial intelligence, cyber security, the CDR rollout, and Australia’s digital identity system.

Market Infrastructure

MAS Issues Revised Corporate Governance Guidelines for FIs

By Manesh Samtani | 09/05/2021

The guidelines provide good practices that financial institutions should observe in relation to their corporate governance and remuneration frameworks.

Market Infrastructure

ARRC Identifies Indicators for Recommending SOFR-based Term Rate

By Editors | 09/05/2021

The ARRC has published guidance on the indicators it will use to measure the progress needed to recommend a SOFR-based term rate.

Capital / Liquidity

Standard-setters Examine Margin Practices of Market Participants

By Editors | 08/05/2021

Market participants are invited to complete a survey as part of a review of margining practices in cleared and uncleared markets.

ESG / Sustainability

China’s Long March to Net Zero

By ESG Investor | 08/05/2021

Corporates are a few steps behind on ESG disclosures, but momentum is building under pressure from regulators and investors.

Market Infrastructure

IOSCO Finds Gaps in BCP Rules for Trading Venues, Intermediaries

By Manesh Samtani | 07/05/2021

Some jurisdictions have regulatory requirements for critical systems of trading venues that do not extend to outsourced functions.

Market Infrastructure

US Banks Execute First BSBY-Linked Swaps Transaction

By Editors | 06/05/2021

Bank of America and JPMorgan Chase entered into a $250mn one-year basis swap with one side tied to BSBY, the other to SOFR.

Market Infrastructure

New Zealand Passes Financial Market Infrastructures Bill

By Editors | 06/05/2021

The Bill provides the RBNZ and FMA with comprehensive regulatory, supervisory, enforcement, and crisis management powers in respect of important FMIs.

Capital / Liquidity

CBIRC Optimises Supervision of Foreign Banks in China

By Editors | 06/05/2021

The move is expected to allow foreign banks to play a role in facilitating China’s financial market opening-up and channelling funds into the economy.