Market Risk

RBI Issues Draft Guidelines on Market Risk Capital Requirements

20/02/2023

The draft guidelines are open for comment until 15 April 2023. The RBI intends for the guidelines to come into effect from 1 April 2024.

Market Data & Technology

Industry Bodies Open Common Domain Model on FINOS Platform

20/02/2023

The open-source CDM is now fully integrated into the FINOS project landscape, which will open up opportunities for open collaboration between market participants.

Trading & Investment

Marketnode, NowCM Join Forces to Digitalise APAC Debt Markets

20/02/2023

SGX’s Lee Beng Hong said the new digital service will enhance bond issuance efficiency and streamline processes for dealing with regulators, lawyers and listing agents.

DeFi & Web3

GBBC Digital Finance Joins IOSCO as Affiliate Member

20/02/2023

GBBC Digital Finance will this year prioritising work to construct a DeFi education and engagement platform.

Credit Risk

FSB Calls for Research on Post-GFC Securitisation Reforms

20/02/2023

The FSB is seeking academic papers that examine the extent to which securitisation operates on a sound and sustainable basis and provides appropriate alignment of incentives.

CBDCs

Russia to Launch CBDC Consumer Pilot in April With 13 Banks

20/02/2023

The 13 participating banks have “passed all tests” to confirm their technical readiness to start the pilot with a limited number of clients.

Anti-Money Laundering

AUSTRAC Signs Anti-Financial Crime MoUs with UK FCA, HMRC

20/02/2023

The MoUs will support improved supervisory practices and tools, and facilitate enhanced monitoring of businesses operating across the UK and Australia.

Cryptocurrency

US SEC Fines Former NBA Star Over Crypto Promotion

20/02/2023

Paul Pierce promoted crypto asset securities known as EMAX tokens on social media without disclosing that he was paid to do so.

CBDCs

BOJ Confirms Plans to Launch CBDC Pilot Programme in April

19/02/2023

The BOJ will conduct simulated digital yen transactions with private firms starting in April to test the “end-to-end” process flow and identify connectivity challenges.