Market Infrastructure

Market Infrastructure

APRA Issues Draft Prudential Practice Guide on Remuneration

By Editors | 01/05/2021

The guidance will assist entities in complying with APRA’s new standard on remuneration, which is expected to be finalised later this year.

Market Infrastructure

Industry Groups Collaborate to Plan Move to T+1 in US Equities

By Sanday Chongo Kabange | 01/05/2021

SIFMA, ICI and DTCC plan to complete their analysis on the next steps needed to shorten the settlement cycle in US equities by the end of Q3 2021.

Fintech / Regtech

MAS to Explore Options for Connecting m-CBDC Platforms

By Sanday Chongo Kabange | 30/04/2021

MAS is partnering with the BIS Innovation Hub and central banks to design, develop and test new m-CBDC models for cross-border settlement.

Fintech / Regtech

Singapore, Thailand Launch Real-time Payment Link

By Manesh Samtani | 29/04/2021

The participating banks include DBS, OCBC, UOB, Bangkok Bank, Kasikornbank, Krung Thai Bank and Siam Commercial Bank.

ESG / Sustainability

HK Green Banks Alliance Hosts First Roundtable

By Sanday Chongo Kabange | 29/04/2021

HKMA Chief Eddie Yue urged banks to transform into ‘green banks’. HSBC and BOCHK announced plans to expand their green finance business.

Market Infrastructure

RBNZ Releases Final Guidance on Developing Cyber Resilience

By Ranamita Chakraborty | 29/04/2021

This guidance provides the baseline-level of cyber resilience recommendations as well as recommendations for enhanced-level practices.

ESG / Sustainability

Japan FSA to Issue Climate Risk Guidelines for Banks

By Ranamita Chakraborty | 29/04/2021

Financial institutions will be expected to incentivise borrowers to decarbonise through loan terms and preferential interest rates.

Fintech / Regtech

DBS, JP Morgan, Temasek Team Up on Cross-border Payments

By Manesh Samtani | 28/04/2021

An open platform will be developed to enable real-time cross-border multi-currency payments, trade finance, foreign exchange and DVP securities settlements.

Market Infrastructure

QUICK Benchmarks Starts Publishing TORF Production Rates

By Editors | 28/04/2021

TORF production rates can be used in actual transactions, and are published each business day on the same day at 5pm.