International

Market Infrastructure

ESMA Proposes Fee Changes for Tier 1 Third Country CCPs

By Editors | 15/10/2023

Tier 1 third-country CCPs would be allocated annual fees via a weighting factor which depends on global turnover.

Crypto / Digital Assets

Tokenisation Is Revolutionising Markets, But One Element Is Still Missing

By Ralf Kubli | 13/10/2023

Ralf Kubli says standardised algorithmic definitions must be used to ensure the entirety of a tokenised asset’s collateral, liabilities, and cash flows are represented.

ESG / Sustainability

New Guidance on Nature Risks in Sovereign Debt Portfolios

By ESG Investor | 13/10/2023

The new guidance from NatureFinance is aligned with the final TNFD recommendations and is specifically relevant to sovereign debt investors.

Crypto / Digital Assets

JPMorgan Chase Launches ‘Tokenized Collateral Network’

By Editors | 12/10/2023

The first live transaction involved the use of tokenised shares in a BlackRock MMF as collateral in a bilateral OTC derivatives trade with Barclays.

ESG / Sustainability

Malaysia Hosts Asia Launch of Revised OECD Principles on Corporate Governance

By Editors | 11/10/2023

The SC chairman said a dedicated sustainability committee has been formed on the SC Board. Deputy finance minister said Parliament will consider the establishment of “Bursa RegSub”.

Big Picture

Banks Must Invest and Adapt to Changing Risks: Report

By Nithya Subramanian | 11/10/2023

As new technologies, players and risks emerge, global governments are broadening and deepening regulatory oversight, says a McKinsey report.

ESG / Sustainability

An Exploration of Greenwashing Risks in Investment Fund Disclosures

By Nicole Gehrig | 11/10/2023

Nicole Gehrig discusses concerns about greenwashing in the investment management industry and recommendations to address problematic disclosures.

Enforcement

Singapore Court Sentences Ex-Wirecard Employee to Jail

By Editors | 11/10/2023

The former junior finance executive was sentenced to ten weeks in jail for helping a supervisor embezzle S$47,000.

Capital / Liquidity

FSB Considers Ways to Improve Bank Resolution Framework

By Manesh Samtani | 11/10/2023

The FSB said its review of the Credit Suisse case validated the “appropriateness and feasibility” of the existing framework for resolving G-SIBs.