Climate Risk

EBA Considers Assessing Climate in Regular Bank Stress Tests

02/10/2022

The EBA has kicked off high level discussions on how to incorporate climate risks in regular stress tests that take place every two years.

Structural Regulation

TWSE to Lower Listing Requirements for Innovation Board

02/10/2022

The Taiwan Innovation Board was launched in July last year to cater to innovative startups, but has seen only one listing so far.

Trading & Investment

ESMA Calls for Greater Use of €STR in Derivatives

02/10/2022

Further develop of €STR products will provide the inputs needed to enable the calculation and provision of €STR term rates, ESMA says.

Data Privacy

Enhanced Penalties for Data Breaches Take Effect in Singapore

02/10/2022

Organisations with annual turnover exceeding S$10mn are liable for penalties for data breaches worth up to 10% of annual turnover.

Trading & Investment

Singapore Exchange Launches Battery Metal Futures

02/10/2022

Contracts were launched in battery-grade lithium carbonate; lithium hydroxide; cobalt metal; and cobalt hydroxide.

Clearing & Post-Trade

SWIFT Launching New Service to Reduce Settlement Fails

02/10/2022

The service will use UTIs to enable automated tracking of both sides of the transaction by all market participants involved.

Credit Risk

RBNZ Seeks Feedback on Risk Weighting Requirements

02/10/2022

The proposed changes are designed to clarify risk weighting requirements under the RBNZ’s bank capital adequacy rules.

Stablecoins

Korean National Assembly to Question Crypto Execs on Terra

02/10/2022

TerraForm Labs accuses Korean prosecutors of overreach. Luna Foundation Guard money allegedly transferred overseas.

Sustainable Finance

ISDA Analyses Regulatory Treatment of SLDs in Hong Kong

02/10/2022

The paper considers how SLDs would be classified and regulated, and the compliance issues for market participants to consider when executing SLDs.