A consultative report will be submitted to the G20 in April 2020.
The MTF's application is currently being considered by the FCA.
The Hong Kong-based firm will use the new linkage to trade on the LSE.
Accelerator and innovation hub Velocity was launched a year ago.
This significantly broadens the proportion of the FX market which can be cleared.
The regulator set out the actions it will take to manage the risks from moving to a low carbon economy.
The new offering automates FX conversion.
ESG signals are being used to spot investment opportunities as well as manage risks.
Europe’s reliance on bank lending has increased.