Committee on Payments and Market Infrastructures

Securities / Derivatives

CFTC to Require UPIs in Swaps Reporting Starting Jan 2024

By Editors | 17/02/2023

UPIs issued by the DSB will be required in reporting credit, equity, foreign exchange, and interest rate swaps from 24 Jan 2024.

Market Infrastructure

Existing FMI Rules Are Sufficient to Address Climate-related Risks

By Sanday Chongo Kabange | 03/02/2023

DTCC says the regulatory frameworks and standards contained within the PFMI are sufficient to address climate-related financial risks faced by FMIs.

Big Picture

Multilateral Platforms Will Benefit Cross-Border Payments

By Sanday Chongo Kabange | 20/01/2023

New paper from the BIS, IMF and World Bank assesses the benefits and challenges associated with using multilateral platforms for cross-border payments.

Market Infrastructure

ESMA Publishes Final Guidelines, Validation Rules for EMIR Refit

By Editors | 22/12/2022

ESMA published its final guidelines for reporting under EMIR, the final validation rules, and reporting instructions for outgoing and incoming messages.

Market Infrastructure

Japan FSA Finalises New Derivatives Reporting Guidelines

By Editors | 12/12/2022

The guidelines and associated reporting requirements will take effect on 1 April 2024, incorporating the UTI and CDE.

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.