Markets & Infrastructure

Climate Risk

IMF to Launch New Data Gaps Initiative Later This Year

By Mark Johnston | 01/03/2022

A draft work plan for the new Data Gaps Initiative, which seeks to improve the availability of data for policymaking, focuses on four topics including climate change.

PEPs & Sanctions

Singapore, Korea, Switzerland Announce Sanctions Against Russia

By Manesh Samtani | 01/03/2022

Singapore will block certain Russian banks and financial transactions connected to Russia. Major Singapore banks are already restricting trade financing for Russian commodities.

Market Abuse

CSRC Asks Morgan Stanley to Provide Information on US Probe

By Editors | 28/02/2022

The CSRC has reportedly given Morgan Stanley 30 days to provide details about its role in a US investigation into its block trading practices.

Clearing & Post-Trade

ISDA Publishes Documentation to Align Derivatives, SFT Markets

By Editors | 28/02/2022

The new definitional booklet and related set of provisions will enable allow firms to document derivatives and securities financing transactions under a single ISDA Master Agreement.

PEPs & Sanctions

Western Leaders Pledge to Remove Russian Banks from SWIFT

By Manesh Samtani | 28/02/2022

Western leaders have committed to removing “selected Russian banks” from the SWIFT financial messaging system to harm their ability to operate globally.

Market Abuse

US SEC Proposes New Rule to Increase Short Selling Transparency

By Editors | 28/02/2022

Institutional investment managers will have to report information relating to short positions to the SEC on a monthly basis. The data will be aggregated and made available to the public.

Liquidity Risk

RBA to Adjust Liquidity-Providing Market Operations

By Editors | 27/02/2022

The RBA will adjust the way it sets interest rates for repo transactions with banks and shorten the maximum tenor to four weeks.

Payments & Settlements

PBOC Allows Merchants to Continue Using Personal QR Codes

By Sanday Chongo Kabange | 27/02/2022

Rules issued last October were about to take effect that would have prohibited merchants from using personal QR codes to receive payments from 1 March.

Conduct, Culture & Accountability

US Fed Approves New Trading Rules for Senior Officials

By Sanday Chongo Kabange | 27/02/2022

The rules aim to support public confidence in the impartiality and integrity of the FOMC’s work by guarding against “even the appearance of any conflict of interest”.