Market Infrastructure

Optimising the Libor Switch with Portfolio Compression

17/07/2020

TriOptima’s multilateral approach to portfolio compression is helping the sell-side and buy-side alike to reduce Libor risk, optimise capital, and enhance operational efficiency.

Market Infrastructure

MAS Planning Ahead to Avoid ‘Cliff Effect’ of Relief Withdrawal

16/07/2020

“Bank loans and insurance policy premiums will eventually have to be paid,” MAS’ Ravi Menon said, pointing to a need to avoid the ‘cliff effects’ of sudden relief withdrawal.

Market Infrastructure

Australia Mulls Measures to Establish Regional Financial Hub

16/07/2020

Australian Senator Andrew Bragg wrote to Treasurer Josh Frydenberg suggesting reforms to capitalise on Hong Kong’s recent political changes.

Securities / Derivatives

UPDATED – China: State Council Releases Insurers from Equity Investment Limits

16/07/2020

A State Council decision paves the way for the implementation of CBIRC rules drafted in 2018 that would remove most limits on the equity sectors in which insurers can invest.

Securities / Derivatives

The Role of Derivatives Markets in Sustainable Finance

16/07/2020

The derivatives market can contribute in the transition towards a low-carbon economy, due its ability to facilitate capital-raising via the hedging of risks related to sustainable investments.

Enforcement

China Issues Authoritative Guidance on Handling Bond Disputes

16/07/2020

In disputes involving breach of contract, fraud or false statements – the issuer, its controlling shareholders, directors, and senior management will be held liable for bondholder losses.

Fintech / Regtech

FSC Korea Kicks Off Working Group on Artificial Intelligence

16/07/2020

The working group will seek to promote the use of artificial intelligence in financial services as part of the government’s ‘New Deal’ policy initiative.

AML / KYC

OCBC Enables Banking Access Via SingPass Digital Identity

16/07/2020

OCBC’s Aditya Gupta says the use of SingPass as an alternate login for mobile and online banking will give more customers the confidence to bank digitally.

AML / KYC

BSP to Promote Inclusion by Lowering Investment Account Minimum

15/07/2020

The BSP is considering lowering minimum amount a client must maintain in an investment account from ₱1mn to ₱100,000.