International

    Securities / Derivatives

    HKMA Unveils Details of Financial Forum to be Held in November

    By Manesh Samtani | 29/09/2022

    Financial Secretary Paul Chan said this week that “bold reforms” are in the pipeline to attract talent and enterprises to the city.

    Crypto / Digital Assets

    BIS Announces Successful Completion of mBridge CBDC Pilot

    By Editors | 29/09/2022

    The month-long testing phase facilitated more than 160 transfers and FX exchanges worth USD 22 million on the mBridge Ledger.

    Crypto / Digital Assets

    FTX Wins Auction to Buy Assets of Bankrupt Voyager Digital

    By Editors | 29/09/2022

    FTX won a “highly competitive auction process” that lasted two weeks with the “highest and best bid for its assets”, valued at just over USD 1.4 billion.

    ESG / Sustainability

    International Committee to Create Public Utility for Net-Zero Data

    By Editors | 28/09/2022

    International organisations and policymakers will work alongside financial data service providers to help bring the utility to fruition.

    ESG / Sustainability

    US Banks Threaten to Quit GFANZ Over Legal Risks

    By Editors | 26/09/2022

    JPMorgan, BofA and Morgan Stanley are concerned about being sued over increasingly stringent decarbonisation commitments.

    Crypto / Digital Assets

    ICMA Publishes Guidance on DLT-based Bonds

    By Editors | 26/09/2022

    The FAQs are designed to provide “non-experts” a basic understanding of DLT bonds and their impact on capital markets.

    Big Picture

    DTCC Warns of Risks from Quantum Computing Technology

    By Editors | 23/09/2022

    DTCC outlines steps firms should take to prepare for the emergence of new post-quantum cryptography standards. Final standards are scheduled for 2024.

    ESG / Sustainability

    GFANZ Issues Guidance for Firms’ Transition Plans

    By ESG Investor | 23/09/2022

    GFANZ has released a report advising companies on the information they should disclose in their transition plans.

    Market Infrastructure

    Refinitiv Commences Publication of USD IBOR Cash Fallbacks

    By Editors | 22/09/2022

    USD IBOR Cash Fallbacks will be used to transition loans, bonds and securitised products that reference LIBOR and will mature after 30 June 2023.

    ESG / Sustainability

    GRI Standards to Integrate Human Rights

    By ESG Investor | 21/09/2022

    The Global Reporting Initiative intends to better integrate consideration of human rights into its disclosure requirements.

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