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ESG / Sustainability
IESBA Proposes Ethics Standards to Improve Sustainability Reporting
By Ranamita Chakraborty | 31/01/2024
The global standard-setting board conducted extensive outreach, including roundtables in Singapore and Sydney last year, for the development of new standards.
Securities / Derivatives
IOSCO Seeks Feedback on Post Trade Risk Reduction Services
By Manesh Samtani | 28/01/2024
IOSCO believes portfolio compression and counterparty risk optimisation services deserve attention from regulators globally.
ESG / Sustainability
Hong Kong SFC Outlines Strategic Priorities for 2024-2026
By Sanday Chongo Kabange | 24/01/2024
The SFC will explore potential connect initiatives with other markets, embrace tokenisation of traditional products, and introduce AI in its workflows.
BCBS, IOSCO Call for Best Practices in Non-Centrally Cleared Margin Processes
By Ranamita Chakraborty | 18/01/2024
Their report outlines eight recommendations for market practices, encouraging implementation without proposing policy changes to BCBS-IOSCO frameworks.
Capital / Liquidity
BIS Launches Consultation on Improving CCP Margin Requirements
By Nithya Subramanian | 17/01/2024
The report prepared by BCBS, CPMI and IOSCO has called for enhanced information sharing, better governance frameworks and greater transparency.
Enforcement
US House Passes Three Finance Bills to Support Taiwan
By Mark Johnston | 16/01/2024
The bills aim to boost Taiwan’s role in the IMF, exclude China from key banking organisations, and push for more […]
Big Picture
Teething Issues: OTC Derivatives Reporting Rewrites in APAC
By Manesh Samtani | 10/01/2024
The more challenging aspects of implementation involve jurisdiction-specific data fields, the UTI waterfall, UTI generation, and ISO 20022.
ESG / Sustainability
Malaysia Set to Consult on Local Use of ISSB Standards
By Editors | 09/01/2024
A six-week public consultation will be launched next month to solicit views and feedback on implementing the ISSB standards.
Crypto / Digital Assets
CFTC Offers Policy Recommendations to Address DeFi Risks
By Manesh Samtani | 09/01/2024
The report calls on the government and industry to work together to better understand DeFi and “advance its responsible and compliant development”.
Big Picture
Early Testing Will Be Key to Derivatives Reporting Compliance
By Manesh Samtani | 04/01/2024
DTCC’s Chris Childs and Priya Kundamal say there is no replacement for early testing to ensure data and reporting systems are fit for purpose.
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