International Content

On 4 April, the International Organization of Securities Commissions (IOSCO) published a consultation report on the evolution of exchange operation, governance, and business models.[1] IOSCO describes exchanges as "lynchpins of the financial system"[2] with the focus of the report...

On 17 April, the Financial Stability Board (FSB) published a consultation on liquidity preparedness for margin and collateral calls. Comments are due 18 June 2024. This memorandum provides an overview of the Consultation.

On 15 April, ICI Global responded to three consultations from international standard setters on enhancing margin practices. These responses are summarised in this memo.

ICI crafted and coordinated a submission on behalf of global fund industry associations urging the Indian Government to enact legislation that would permit all foreign regulated funds to undergo tax neutral reorganizations with respect to Indian securities.

ICI Global coordinated the nine national, regional, and global industry associations that made a submission to the Australian Treasury addressing concerns with an updated draft proposal to require large multinational enterprises (MNEs) to publicly report selected tax items on either a...

On 8 March, ICI Global filed a response to the UK Financial Conduct Authority's (FCA) consultation on updating the regime for money market funds (MMFs) (the Consultation).[1] The Consultation proposed revisions to the retained Money Market Fund Regulation (MMFR), with an intent to...

[35634] February 27, 2024 TO: ICI Members ICI Global Members SUBJECTS: International/Global RE: ICI Global 2024 Policy Priorities Dear Members, With the start of the new year, we wanted to share the ICI Global 2024 policy priorities that we formulated through our engagement with all...

On February 14, the Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published Streamlining variation margin in centrally cleared markets - examples of effective practices...

On January 24, 2024, the Hong Kong Monetary Authority (HKMA) released a circular amending the implementation arrangements for the Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area ("GBA Wealth Management Connect"). Effective from...

This memorandum catalogues significant ESG related developments that have occurred since August 22, 2023. It references ICI memoranda that provide a more fulsome description of each matter. You can find all of these memoranda on our website in our ESG Resource Center.