Climate Risk

NGFS Seeks Wider Adoption of Environmental Risk Analysis at FIs

10/09/2020

The NGFS is calling for wider use of ERA in the financial industry, offering case studies to showcase the adoption of ERA tools and methodologies by some FIs.

Custody & Infrastructure

Thailand Starts Issuing Govt Savings Bonds on Blockchain

10/09/2020

The new scripless bond platform enhances investors’ buying experience, improves operational efficiency and reduces overall cost, the BOT said.

Anti-Money Laundering

EBA Calls for Harmonised AML/CFT Framework Across EU

10/09/2020

Responding to a European Commission call for advice, the EBA says it recommends the establishment of a single rulebook to harmonise the AML/CFT framework across the EU.

Trading & Investment

China NIFC Issues Rules for Anonymous Bond Auctions

10/09/2020

Anonymous bond auctions are typically used to dispose of defaulted bonds at a discount, without the seller having to reveal their identity to the buyer.

Reporting & Disclosures

IOSCO to Harmonise Global ESG Disclosure Frameworks – Report

10/09/2020

A new IOSCO taskforce will work to identify commonalities across sustainability disclosure standards from across the world to develop principles-based guidelines.

Trading & Investment

BSP to Start Issuing Debt Securities Next Week

10/09/2020

The BSP’s authority to issue its own debt paper was restored through legislation passed last year. The first auction of BSP securities will take place on 18 September.

Market Abuse

FIA Releases Surveillance and Market Abuse Guidelines

09/09/2020

The guidelines cover requirements relating to monitoring, surveillance systems and the filing of suspicious transaction and order reports under the EU’s Market Abuse Regulation.

Credit Risk

APRA Formalises Updated Guidance on Treatment of Deferred Loans

09/09/2020

Banks need not treat deferred loans as past due or impaired for capital or reporting purposes until after 31 March. New reporting requirements now apply.

Market Risk

ISDA Chief Urges Continued Work on Initial Margin Implementation

09/09/2020

Phase 5 implementation will be the most demanding phase yet, and firms will need to be ready well in advance to avoid a last-minute compliance bottleneck.