Liquidity Risk

UK FCA Intensifies Oversight of Bank Risk Assessment

13/09/2023

Risks from customers can affect a bank’s ability to have enough liquidity in challenging markets, the FCA’s Simon Walls said in a letter to bank CEOs.

Structural Regulation

SEBI Allows REIT, InvIT Unitholders to Nominate Board Members

13/09/2023

REIT and InvIT unitholders holding more than 10 percent of the units can nominate board members.

Capital Adequacy

US Banks Call for Release of Evidence to Support Basel Proposal

13/09/2023

Prominent banking associations are demanding the release of the data and analysis to support changes to capital requirements for large banks.

CBDCs

BIS Innovation Hub Unveils Findings from CBDC Project “Sela”

13/09/2023

The collaboration with HKMA and Bank of Israel demonstrated that retail CBDC can support access, cyber security and competition, while retaining cash features.

Reporting & Disclosures

ASEAN Exchanges Agree on New Set of ESG Metrics

13/09/2023

Previously, Environment (E) and Social (S) metrics were developed. The exchanges have now agreed on complementary Governance (G) metrics.

Structural Regulation

HKMA Chief Appointed to Key BIS Post to Support Emerging Markets

13/09/2023

HKMA chief Eddie Yue was appointed Chair of the meeting of Governors of major emerging market economies for three years.

Trading & Investment

India to Explore Allowing Domestic Firms to Directly List in London

13/09/2023

India’s government will explore the London Stock Exchange as an international destination for the direct listing of Indian companies.

PEPs & Sanctions

EU Imposes Human Rights Sanctions Against Russian Judges, Prosecutors

13/09/2023

The EU Council said Russia’s judiciary is “not independent” and is “used to systematically and severely violate the human rights of individuals opposed to the ruling regime”.

Clearing & Post-Trade

CME, DTCC Receive Approval for Cross-Margining Arrangement

13/09/2023

The arrangement will enable capital efficiencies for clearing members that trade and clear both US Treasury securities and CME Group interest rate futures.