INTERNATIONAL

Market Infrastructure

IOSCO Urges Members to Review, Enhance Cyber Standards

By Editors | 19/06/2019

A new report from the IOSCO Cyber Task Force provides an overview of three internationally recognised cyber standards and frameworks used by IOSCO members.

Market Infrastructure

ISDA Calls for Consistency in Implementation of Margin Rules

By Manesh Samtani | 18/06/2019

In order to maximise efficiency, minimise risk and reduce market fragmentation, national regulators must strive for harmonised margin requirements across the globe, ISDA says.

Market Infrastructure

Banks Making Progress on Compensation Practices: FSB

By Editors | 18/06/2019

Most banks now have compensation policies in place that reduce the potential for inappropriate risk-taking. The challenge now is to develop frameworks for assessing their effectiveness.

Market Infrastructure

GLEIF Welcomes FSB Recommendations to Improve LEI Adoption

By Editors | 18/06/2019

The Global Legal Entity Identifier Foundation will assess how to best align itself to respond and support the FSB’s aim of broader LEI adoption globally.

Market Infrastructure

SFTR: An Opportunity to Upgrade, Automate

By Manesh Samtani | 17/06/2019

DTCC’s Val Wotton and Oliver Williams explain the challenges SFTR presents in Asia, and how firms can best prepare in the lead-up to implementation starting in April 2020.

Big Picture

DLT Can Enhance Settlement Systems, But Not Replace Them

By Manesh Samtani | 14/06/2019

A new paper from Greenwich Associates says DLT cannot replace settlement infrastructure entirely without imposing the very costs it was designed to reduce.

AML / KYC

Automatic Exchange of Information is Working, Says OECD

By Ralph Cunningham | 13/06/2019

New data from the OECD indicates that Hong Kong and Singapore are adhering to tighter global standards on tax transparency.

Market Infrastructure

ISDA Chief Urges Accounting Bodies to Prioritise Benchmark Reform

By Editors | 12/06/2019

ISDA chief Scott O’Malia says market participants need clarity from the IASB and FASB on the accounting implications of a switch from IBORs to RFRs.

Market Infrastructure

FSB Examines Effects of Post-Crisis Reforms on SME Financing

By Editors | 11/06/2019

SME lending growth has resumed in recent years, and access to external finance for SMEs appears to have improved, particularly in advanced economies.