International Content

ICI and ICI Global filed a cover note and response to the European Securities Market Authority's (ESMA) call for evidence on shortening the settlement cycle (Call for Evidence).

On December 6, 2023, the Monetary Authority of Singapore (MAS) finalized the voluntary code of conduct for ESG ratings and data providers. Consistent with the consultation draft released in June 2023, the code of conduct largely aligns with the recommendations of the International...

Following an extended period of trilogue negotiations and the adoption of a provisional agreement in July 2023, the final texts reflecting revisions to the Alternative Investment Fund Managers Directive (AIFMD) and the Directive on Undertakings for Collective Investments in Securities...

On October 31, 2023, the Securities and Futures Commission (SFC) announced its support for developing a voluntary code of conduct for ESG ratings and data providers in Hong Kong. An industry-led working group, the Hong Kong ESG Ratings and Data Product Providers Voluntary Code of...

On November 3, the Commodity Futures Trading Commission (CFTC or "Commission"), by seriatim, issued proposed amendments ("Proposal") to its rules governing the safeguarding and investment of funds deposited by customers to margin futures, foreign futures, and cleared swap transactions...

ICI Global has filed comments with the Financial Stability Board (FSB) regarding the Consultation report on Financial Resources and Tools for Central Counterparty Resolution (Consultation). This memorandum summarizes ICI Global's comments.

ICI Global has filed comments with the Central Bank of Ireland (CBI) regarding the Discussion Paper: An approach to macroprudential policy for investment funds (Discussion Paper).

The Multilateral Convention (MLC) for "Amount A" of "Pillar One"—announced recently by the Organisation for Economic Co-operation and Development (OECD)— includes the ICI's recommendations for ensuring that asset managers qualify for the regulated financial services exception. Pillar...

On October 31, 2023, the Chinese government concluded its two-day Central Financial Work Conference, a twice-a-decade meeting that sets out the high-level policy directions for the financial sector over the next five years.

On October 18, 2023, the Monetary Authority of Singapore (MAS) launched a consultation on proposed guidelines on transition planning for asset managers, along with two separate proposed guidelines for banks and insurers. Building on MAS' existing supervisory guidelines on...