Financial services industry
Report
Is China’s new payment system the future?
China’s new system is built on digital wallets, QR codes, and runs through their own big tech firms: Alipay running through Alibaba (China’s version of Amazon) and WeChat Pay running through Tencent (China’s version of Facebook).
Report
Task Force on Climate-Related Financial Disclosures: 2019 status report
As part of its efforts to promote adoption of the recommendations, the Task Force prepared this status report to provide an overview of current disclosure practices related to core elements of the TCFD recommendations, as well as additional information to support preparers in implementing the recommendations.
Briefing paper
Self-assessments of governance, accountability and culture: information paper
APRA has released this report analysing the self-assessments carried out by 36 of the country’s largest banks, insurers and superannuation licensees, in response to the final report of the Prudential Inquiry into Commonwealth Bank of Australia (CBA).
Journal article
New Zealand Reserve Bank reform: phase 1
Significant reforms were introduced to the Reserve Bank Act in late 2018 as part of a two-stage review, notably an expanded mandate and a committee decision-making structure. This article reviews the changes in the light of global and domestic challenges to central banking emerging since the global financial crisis.
Report
Legal readiness for climate finance: private sector opportunities
This report summarises the agenda and findings of the Legal Readiness for Climate Finance: Private Sector Opportunities round-table. It provides groundwork for collaboration and knowledge exchange between delegates and other stakeholders about effective and innovative law and regulation to enable sustainable finance in-country and between international markets.