MARKET INFRASTRUCTURE

Market Infrastructure

SWIFT Completes Another gpi Pilot with UK Faster Payments

By Editors | 11/10/2020

Over the past two years, SWIFT has run successful proof of concepts with payment infrastructures in Singapore, Australia and Europe.

Market Infrastructure

CSRC Forms Preparatory Group for Guangzhou Futures Exchange

By Editors | 11/10/2020

The establishment of a new futures exchange in Guangzhou was part of a policy blueprint for the GBA released earlier this year.

Market Infrastructure

GBA Regulators Advance Policy Work on Cross-border Mortgages

By Manesh Samtani | 11/10/2020

The HKMA’ Edmond Lau says encouraging progress has been made to allow Hong Kong banks to provide cross-border mortgage services in the Greater Bay Area.

Market Infrastructure

ISDA to Launch IBOR Fallbacks Supplement, Protocol on 23 Oct

By Editors | 11/10/2020

Widespread adoption is a tangible step financial and non-financial firms can take to avoid disruptions in derivatives markets and mitigate risks at a system-wide level, the FSB says.

Big Picture

BIS Report Outlines Common Foundation for Retail CBDCs

By Editors | 11/10/2020

Any decision to launch a CBDC would depend on an informed judgment that the risks can be managed, including the risk of disintermediating banks or enabling ‘digital runs’.

Fintech / Regtech

Philippine DOF Push For Joint Cyber Defence Strategy

By Sanday Chongo Kabange | 08/10/2020

State-run financial institutions, pension funds, insurance firms and other government agencies are instructed to establish shared cyber defence strategies.

Market Infrastructure

Tradition Executes First HONIA-SOFR Cross Currency Basis Swap

By Manesh Samtani | 08/10/2020

The trade provides a foundation for the structure of cross-currency swaps that use SOFR and the local ARR, in this case HONIA.

Fintech / Regtech

G20 Data Gaps Initiative Has ‘Proven its Value’: FSB, IMF

By Editors | 07/10/2020

The fourth progress report on phase two implementation of DGI-2 says progress made to date has proven its value during the crisis triggered by the Covid-19 pandemic.

Fintech / Regtech

PBOC Outlines Progress from Digital Yuan Pilot Tests

By Sanday Chongo Kabange | 07/10/2020

Over 113,300 personal and 8,000 corporate digital wallets have been opened as part of the ongoing DC/EP tests, according to PBOC deputy governor Fan Yifei.