News Centre

BCBS-CPMI-IOSCO Finalise Analysis Of Margining Practices During The March 2020 Market Turmoil

Date 29/09/2022

• Global standard setters publish a report on margin practices, highlighting the need for further policy work. 
• The report presents a data-driven analysis examining margin calls in March and April 2020 and the extent to which market participants were prepared to meet them. 
• The report recommends further policy work in six areas.

UK Financial Conduct Authority: Financial Watchdog Warns Insurers To Protect Customers’ Wellbeing During Cost Of Living Squeeze

Date 29/09/2022

The Financial Conduct Authority (FCA) is concerned that as pressure mounts on household budgets some customers may cut-back on the insurance they need, leaving them without protection.

ITRS Group Warns Firms Not To Delay In Implementing Plans To Meet EU Operational Resilience Requirements DORA

Date 29/09/2022

Two years since the European Commission first published its Digital Operational Resilience Act (DORA) in response to a spate of widespread system outages and cyber threats in the financial services sector, the final vote on it coming into full force is expected imminently.

BNP Paribas Asset Management Launches Pab-Aligned Biodiversity ETF

Date 29/09/2022

Measures To Promote Sustainable Conditions In The Singapore Property Market By Ensuring Prudent Borrowing And Moderating Demand

Date 29/09/2022

Market interest rates have risen significantly. They are likely to increase further in future, which will affect borrowing costs for home purchases. To ensure prudent borrowing and avoid future difficulties in servicing home loans, the Government will tighten the maximum loan quantum limits for housing loans. 

CFFEX And Shanghai National Accounting Institute Conclude Strategic Cooperation Agreement - Synergizing With Research Institutes For A Better Market Environment

Date 29/09/2022

China Financial Futures Exchange (CFFEX) signed a strategic cooperation agreement with Shanghai National Accounting Institute (SNAI) on September 29, 2022, with a view to establishing a regular mechanism of collaboration with institutions of higher learning, better supporting the market ecosystem through improved research, and promoting the high-quality development of the financial futures market. Zhang Feng, Secretary of the CPC SNAI Committee and Zhang Gexing, member of the CPC SNAI Committee and Vice President of SNAI, attended the signing ceremony. He Qingwen, Secretary of the CPC CFFEX Committee and CFFEX Chairman, spoke at the event. Ye Chunhe, Deputy Secretary of the CPC CFFEX Committee and Chairman of the CFFEX Supervisory Board, presided over the ceremony.

Hong Kong Securities And Futures Commission Welcomes Appointment Of Executive Directors

Date 29/09/2022

The Securities and Futures Commission (SFC) welcomes the appointment by the Financial Secretary of Mr Christopher Wilson as Executive Director of Enforcement and Mr Michael Duignan as Executive Director of Corporate Finance, both for a term of three years effective from 1 November 2022.

Dr. Ing. h.c. F. Porsche Aktiengesellschaft („Porsche AG“) New In The Frankfurt Stock Exchange's Prime Standard Segment

Date 29/09/2022

Porsche AG (ISIN: DE000PAG9113) has been listed in the Prime Standard on the Frankfurt Stock Exchange since today. The shares had an initial listing price of €84.00. 

BIS: Principles For Operational Resilience – Executive Summary

Date 29/09/2022

The Principles for operational resilience (the POR) were published in 2021 and build on the Basel Committee on Banking Supervision's Principles for the sound management of operational risk (the PSMOR), originally issued in 2011, revised in 2014 and revised a second time simultaneously with the issuance of the POR.

Green Sukuk Market Set For Take Off As Demand Grows - Greater Standardisation And Regulation Needed For Global Expansion Of Market

Date 29/09/2022

Islamic finance professionals believe the green sukuk market is set for take off as demand builds, but global expansion will require greater standardisation and regulation, new research* shows.