Financial Stability Board

    Reporting & Disclosures

    FSB Urges Standard Setters to Use TCFD Recommendations

    By Editors | 22/12/2020

    Using the TCFD recommendations as the basis for developing requirements or guidance for climate-related disclosures will help avoid the risk of market fragmentation, the FSB says.

    Emerging Prudential Risks

    Fast Growing NBFI Sector Presents Financial Stability Risk: FSB

    By Editors | 17/12/2020

    NBFI that poses financial stability risk grew by 11.1% in 2019, at a faster pace than the average 7.1% annual growth rate from 2013-18.

    Market Data & Technology

    ANNA Announces Expansion of ISIN-to-LEI Mapping Initiative

    By Editors | 16/12/2020

    The linking of ISINs and LEIs effectively links issuers to the issuance of securities, thereby improving transparency and aiding risk and exposure management.

    Market Data & Technology

    DSB Set to Consult on Fee Structure for UPI in January

    By Manesh Samtani | 07/12/2020

    The UPI will ensure products are reported to trade repositories consistently across FSB jurisdictions. The first consultation will begin on 11 January 2021.

    Anti-Money Laundering

    FATF Consults on AML/CTF Frictions in Cross-border Payments

    By Editors | 01/12/2020

    The FATF seeks feedback to help identify how divergent AML/CFT measures adopted at the national level add to the challenges of cross-border payments.

    Trading & Investment

    DSB Calls for Asian Members to Join Product Committee

    By Editors | 29/11/2020

    The DSB seeks to expand its Product Committee membership to include more OTC derivatives users from Asia to further broaden industry collaboration geographically.

    Clearing & Post-Trade

    CFTC Adopts Rule Changes to Facilitate Foreign Swaps Clearing

    By Editors | 29/11/2020

    The CFTC has extended no-action relief for non-US swap dealers from reporting requirements, and finalised rules for exempting non-US clearinghouses from registration requirements.

    Climate Risk

    FSB Warns of Sharp Falls in Asset Prices from Climate Risk

    By ESG Investor | 23/11/2020

    Physical and transition risks could combine to increase destabilisation, the FSB says in a new report, citing “numerous sources of uncertainty”.

    Emerging Prudential Risks

    March Market Turmoil Highlighted MMF Vulnerabilities: IOSCO 

    By Manesh Samtani | 22/11/2020

    In a new report, IOSCO highlights the need for further reform to address vulnerabilities in certain types of non-public money market funds.

    Structural Regulation

    LIBOR Transition Work Needs to Accelerate in Early 2021: FSB

    By Manesh Samtani | 21/11/2020

    In a progress report on global transition efforts, the FSB highlights slower progress in loan markets, which it says must be addressed urgently.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.