News Centre

Monetary Authority Of Singapore And Google Cloud Launch Point Carbon Zero Programme To Catalyse Climate FinTech Solutions

Date 26/07/2022

The Monetary Authority of Singapore (MAS) and Google Cloud have jointly launched the Point Carbon Zero Programme to drive the innovation, incubation and scaling of climate FinTech solutions in Asia. The Programme is a collaboration under MAS’ Project Greenprint [1] and seeks to use climate FinTech solutions to bolster financial sector access to accurate and granular climate-related data, for more efficient deployment of capital towards green and sustainable projects. To support the Programme, Google Cloud will launch a world’s first open-source cloud platform dedicated to climate finance, which will facilitate the deployment of these climate FinTech solutions and their adoption by the financial sector.

Tokyo Financial Exchange To Launch Compounded TONA Based Products

Date 26/07/2022

Following our announcement last month with regards to Japanese Interest Rate Benchmark Reform, Tokyo Financial Exchange Inc. (TFX) will launch “Three-month TONA futures” and “Three-month TONA futures option contracts”. In sync with this new release, TFX will delist “Over-Night Call Rate futures (One-month)” that is currently suspended.

AZB & Partners Tops List Of Asia-Pacific M&A Legal Advisers During H1 2022, Finds GlobalData

Date 26/07/2022

India-based corporate law firm AZB & Partners has emerged as the top mergers and acquisitions (M&A) legal adviser in the Asia-Pacific region during the first half (H1) of 2022 by value as well as volume, according to the latest Legal Advisers League Table by GlobalData, a leading data and analytics company.

US Office Of The Comptroller Of The Currency Solicits Research On Implications Of Financial Technology For Banking

Date 25/07/2022

The Office of the Comptroller of the Currency (OCC) is soliciting academic-and policy-focused research on the impact of financial technology (fintech) entities and nonbanks on banking and the markets for lending, deposit-taking, and payment services through August 21, 2022.

CFTC Swaps Report Update

Date 25/07/2022

CFTC's Weekly Swaps Report has been updated, and is now available.

US Department Of Justice: CEO Of Titanium Blockchain Pleads Guilty In $21 Million Cryptocurrency Fraud Scheme

Date 25/07/2022

The CEO of Titanium Blockchain Infrastructure Services Inc. (TBIS) pleaded guilty Friday for his role in a cryptocurrency fraud scheme involving TBIS’s initial coin offering (ICO) that raised approximately $21 million from investors in the United States and overseas.

Keynote Address Of CFTC Chairman Rostin Behnam At The Brookings Institution Webcast On The Future Of Crypto Regulation

Date 25/07/2022

Good afternoon.  I am delighted to join you today.  Thank you to Brookings for hosting this event, to Aaron Klein for sitting down with me following my remarks, and to the distinguished panel participants.

Comment On The Financial Accounting Foundation Draft Strategic Plan: SEC Commissioner Hester M. Peirce, SEC Commissioner Mark T. Uyeda, July 22, 2022

Date 25/07/2022

Dear Ms. Casey and Mr. Auchincloss:

      Thank you for the opportunity to comment on the Strategic Plan Draft for Public Comment (“Draft Plan”) of the Financial Accounting Foundation (“FAF”).  We share the FAF’s commitment to independent, objective standard-setting for financial accounting and reporting.  High quality financial accounting and reporting standards are central to the success of the United States’ capital markets.  Accordingly, we write to urge the FAF to approach with care Goal #6: “Engage with stakeholders, regulators, and Congress to determine the appropriate way, if any, for the organization to contribute to future sustainability reporting.”  Introducing sustainability standard-setting to the FAF runs the risk of degrading the independence and effectiveness that are the hallmarks of the FAF’s two standard-setting boards, the Financial Accounting Standards Board (“FASB”) and the Governmental Accounting Standards Board (“GASB”).

American Financial Exchange® Posts Second Highest Weekly Volume Record Of Over $14 Billion, Nearing Levels Set In March 2020 During Height Of Pandemic

Date 25/07/2022

The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced the second highest weekly volume of $14.119 billion for the week of July 18-22, 2022.  This total is only surpassed by the all-time weekly record set during the height of the pandemic on March 16-20, 2020, when $14.948 billion was transacted when AFX was the primary source of liquidity for the interbank market.  

ESMA: Third-Country Markets Considered As Equivalent To A Regulated Market Under EMIR

Date 25/07/2022

The markets established in a third country and listed below have been considered as equivalent to a regulated market in the Union in accordance with Article 2a of Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (EMIR) and for the purposes of Article 2(7) of this Regulation.