COMMITTEE ON PAYMENTS AND MARKET INFRASTRUCTURES

    Fintech / Regtech

    CFTC Goes Live With New Swap Data Reporting Requirements

    By Editors | 07/12/2022

    The changes introduce new and updated data fields to drive the submission of more standardised trade data, largely based on the CDE developed by CPMI and IOSCO.

    Market Infrastructure

    CPMI, IOSCO Identify Cyber Resilience Weaknesses at Some FMIs

    By Editors | 30/11/2022

    Some financial market infrastructures have not yet developed their cyber response and recovery plans to meet the two-hour recovery time objective.

    Fintech / Regtech

    UK, Singapore to Deepen Collaboration on FinTech, Sustainable Finance

    By Editors | 26/11/2022

    The UK and Singapore agreed to deepen cooperation on FinTech and sustainable finance, including to explore a global framework for regulating ESG ratings and data providers.

    Fintech / Regtech

    BNP Paribas Completes Successful DRR Test for CFTC Rewrite

    By Editors | 03/11/2022

    BNP Paribas is ready to implement Digital Regulatory Reporting for the CFTC’s new swap data reporting rules coming into effect on 5 December.

    Market Infrastructure

    Don’t Overlook the Value of LEI

    By Joseph Capablanca | 28/10/2022

    DTCC’s Joseph Capablanca discusses the importance of the LEI for improving transparency, cutting costs, and reducing operational risk in the global financial industry.

    Market Infrastructure

    EMIR Refit Technical Standards Published in Official Journal

    By Editors | 12/10/2022

    Under the standards, reporting of the CDE, LEIs, ISINs, UTIs and UPIs to trade repositories are mandated, in XML format using ISO 20022.

    Market Infrastructure

    FSB Unveils Plans for Next Phase of Cross-Border Payments Work

    By Editors | 11/10/2022

    The prioritisation plan emphasises a need to strengthen external engagement and partnerships to take forward the roadmap for enhancing cross-border payments.

    Fintech / Regtech

    ISDA Nears Completion of Work to Digitise CFTC Reporting Rules

    By Editors | 04/10/2022

    ISDA working groups are transforming CFTC swap data reporting rules into machine-executable code ahead of implementation on 5 December.

    Capital / Liquidity

    Standard Setters Publish Review of Global Margining Practices

    By Editors | 30/09/2022

    Market volatility and model reactions to volatility were responsible for the majority of the peak increase in IM requirements in March and April 2020.

    Market Infrastructure

    RBNZ, FMA Seeks Feedback on Draft FMI Standards

    By Sanday Chongo Kabange | 25/09/2022

    The FMI Standards are likely to be issued in early 2023 and take effect around 1 August 2023 – once FMI designations are complete.

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