International Organization of Securities Commissions

Climate Risk

Climate Risk & Regulation: A Race to the Top

By Manesh Samtani | 23/03/2021

Bill Coen, Chair of the IFRS Advisory Council and former BCBS Secretary General, speaks to Regulation Asia about initiatives underway to mitigate climate-related risk in the banking sector.

Market Risk

Absence of Term RFRs Could Impair Risk, Forecasting Functions

By Editors | 19/03/2021

Banking functions involving risk analytics and cash flow forecasting will need to change to accommodate risk-free rates, says Karen Moss at Moody’s Analytics.

Clearing & Post-Trade

DTCC Proposes Plan to Harmonise Global Trade Reporting

By Manesh Samtani | 17/03/2021

DTCC proposes plan to eliminate cross-jurisdictional differences in trade reporting standards to boost transparency and the monitoring of systemic risk.

Reporting & Disclosures

IFRS Foundation Outlines Plans for Sustainability Reporting Board

By Editors | 08/03/2021

The Trustees remain on track to make a final determination about a new board in advance of the November 2021 United Nations COP26 conference.

Liquidity Risk

IOSCO to Review Liquidity Risk Management at Investment Funds

By Sanday Chongo Kabange | 08/03/2021

IOSCO is asking asset managers to participate in a survey on their liquidity risk management practices and experiences during the March 2020 market turmoil.

Structural Regulation

Tokyo Exchange Obtains ESMA Recognition Under BMR

By Editors | 04/03/2021

A total of 192 benchmarks administered by the TSE are listed as in scope, including key benchmarks TOPIX and JPX-Nikkei Index 400, as well as their sub-indices.

Emerging Prudential Risks

IOSCO Publishes Work Programme for 2021-2022

By Editors | 28/02/2021

New priorities will be to address the risks of NBFI activities and risks exacerbated by the Covid-19 pandemic such as misconduct, fraud and operational resilience.

Credit Risk

IOSCO Reviews Impact of Govt Support on Credit Ratings

By Editors | 15/02/2021

Government support measures played a “significant role” in alleviating the downward pressure on credit ratings, IOSCO found in its review.

Conduct, Culture & Accountability

SFC Sets Out Conduct Standards Expected in Capital Raisings

By Editors | 08/02/2021

The proposals establish the standards of conduct expected of intermediaries participating in bookbuilding, pricing, allocation and placing activities.