Supervision & Enforcement

FSS Faces Criticism Over Revamp of Supervisory Approach

11/11/2021

South Korea’s FSS will shift focus from disciplinary actions to risk prevention, according to FSS governor Jeong Eun-bo.

Trading & Investment

More than 400 VCCs Established in Singapore to Date: MAS

11/11/2021

As of mid-October, about 300 asset managers have incorporated or re-domiciled more than 400 VCCs in Singapore.

Trading & Investment

SEBI to Consider Opening Up Commodity Market to FPIs

10/11/2021

Currently FPIs can participate in the exchange-traded commodity derivatives only if they have actual exposure through exports and imports.

Emerging Prudential Risks

Fed Warns of Spillover Risk from China Property Markets

09/11/2021

Financial stresses in China could strain global financial markets and affect the US, the Federal Reserve says in its financial stability report.

Emerging Prudential Risks

BCBS Offers Progress Update on Climate, Cryptoasset Work

09/11/2021

The BCBS will issue a consultation this month on the effective management and supervision of climate-related financial risks at internationally active banks.

Clearing & Post-Trade

India Recalibrates Approach to Shortening Settlement Cycle

09/11/2021

T+1 settlement will now be introduced in a phased manner, starting with the smallest stocks on 25 February, and ending with the biggest stocks around January 2023.

Payments & Settlements

HK, Mainland Expand Connectivity of Trade Finance Platforms

09/11/2021

Phase 1 connectivity supported exports to Hong Kong and imports from the Mainland, while phase 2 will cover exports to the Mainland and imports from Hong Kong.

Trading & Investment

IBA Publishes Production Version of SOFR ICE Swap Rate

09/11/2021

The US dollar SOFR ICE Swap Rate will help the USD non-linear derivatives market in its ongoing transition to SOFR, said IBA president Tim Bowler.

Clearing & Post-Trade

FIA Calls for Greater Standardisation in Futures, Options Markets

08/11/2021

FIA recommends forming an independent standards body to start developing standards for trading and clearing of exchange-traded derivatives.