Market Infrastructure

WFE: Exchanges, CCPs Implementing Advanced, Embedded ERM

01/03/2020

Market infrastructures – exchanges and CCPs – are implementing advanced and embedded enterprise risk management right across their organisations, the WFE says.

Market Infrastructure

ICMA Publishes High-Level Guidance on IBOR Transition

01/03/2020

The ‘Quick Guide’ provides a high-level overview of 11 key areas relating to the transition from IBORs (including LIBOR) to risk free rates in the international bond market.

Market Infrastructure

Trade Bodies Publish EMIR Reporting Best Practices Matrix

01/03/2020

The best practice matrix is aimed at providing an agreed and standardised market guide for firms to use to comply with EMIR trade reporting requirements.

Securities / Derivatives

Entities Allowed to Operate in Gift City Without Forming New Company

28/02/2020

According to SEBI, entities can offer financial services in Gift City in connection with the securities market without forming a separate company.

Fintech / Regtech

FSC Korea to Enhance Support for Innovative Startups, SMEs

28/02/2020

The policy plan includes support for 1,000+ innovative companies, a new business credit scoring system, a per-industry collective credit guarantee scheme, and the introduction of non-recourse factoring.

Capital / Liquidity

BCBS Clarifies Capital Treatment of Amended LIBOR Contracts

28/02/2020

Capital instruments amended solely to implement benchmark reforms will not be treated as new instruments for the purpose of assessing their eligibility as Tier 1 and Tier 2 instruments.

Crypto / Digital Assets

Thailand SEC Sets Out Three Year Strategic Plan for Capital Market

28/02/2020

The strategic plan includes greater integration of ESG factors in the market, enhancing SME and startup access to capital, promoting the use of digital and e-KYC technologies, among others.

Market Infrastructure

BOJ Enquires into Banks’ Covid-19 Contingency Plans

28/02/2020

Risks to the banking system came into focus on Thursday when MUFG became the first major Japanese bank to report an infection.

Securities / Derivatives

All SGX Issuers Can Apply for Time Extension to Hold AGM

28/02/2020

The two-month extension for companies to hold their AGM applies to all issuers that need more time, irrespective of their place of business or operations.