Trading & Investment

Thailand, China to Explore Market Connectivity Initiatives

05/10/2021

SEC and CSRC officials have agreed to explore the development and implementation of connectivity initiatives between their markets.

Credit Risk

IASB Launches Post Implementation Review of IFRS 9

05/10/2021

Among other areas, the review seeks input on the application of IFRS 9 to financial instruments with sustainability-linked features and cash flows linked to ESG targets.

Trading & Investment

BOJ Issues Consultation on Use of Synthetic JPY LIBOR

05/10/2021

Input is sought on the special circumstances in loan and bond contracts that would make transition difficult and the specific details of such circumstances.

Sustainable Finance

HSBC, Temasek to Establish Platform to Fund Sustainable Infrastructure

04/10/2021

HSBC and Temasek, with support from ADB and Clifford Capital Holdings, will dispense over $1bn in loans through the platform within 5 years.

Trading & Investment

ISDA Implements New Definitions for Interest Rate Derivatives

04/10/2021

LCH says the new definitional booklet reinforces standardisation, drives messaging fidelity and efficiency, and accommodates flexibility in markets.

Conduct, Culture & Accountability

New Zealand: Class Action Filed Against ANZ, ASB

04/10/2021

The class action reportedly involves interest and fees ANZ and ASB were not entitled to charge due to breaches of their disclosure obligations.

Structural Regulation

Taiwan FSC Not Considering Introducing SPAC Listings

03/10/2021

The practice of allowing companies to go public without any actual business or revenue is in conflict with practices in Taiwan, said the FSC’s Kuo Chia-chun.

Liquidity Risk

Cambodia Central Bank Introduces Overnight Lending Facility

03/10/2021

The industry has welcomed the MLF as a measure that will allow FIs to support their operations, protect the financial sector, and continue lending.

Conduct, Culture & Accountability

Customers Not Informed in Premium Financing Arrangements

03/10/2021

The HKMA and IA found in joint inspections that customers may not be sufficiently informed about the potential impact of premium financing arrangements.