Market Infrastructure

ISDA to Re-consult on Pre-cessation Fallbacks This Month

06/02/2020

ISDA will consult on a single protocol that would allow participants to include both pre-cessation and permanent cessation fallbacks in derivatives trades.

Securities / Derivatives

India Streamlines FPI Registration Process

05/02/2020

The new ‘Common Application Form’ can be used for three purposes – FPI registration with SEBI, PAN issuance by the CBDT, and KYC for account opening with intermediaries.

Capital / Liquidity

India Raises Deposit Insurance Cover Five Fold

05/02/2020

Finance Minister Nirmala Sitharaman announced in her Budget Speech that deposit insurance would be increased to 500,000 rupees per depositor.

BOT Launches Phase Three of ‘Debt Clinic’ Scheme

05/02/2020

Phase 3 will expand the scope of covered personal debt to include cases involving a single debtor. The Debt Clinic has so far helped over 3,000 borrowers refinance bad debt.

Securities / Derivatives

SEBI Asks Exchanges to Review Commodity Derivatives Performance

05/02/2020

Performance reviews of commodity derivatives contracts should be conducted each year to ensure alignment with the physical markets.

ESG / Sustainability

MAS to Broaden Range of Climate Risks Included in Stress Tests

05/02/2020

The current priority is to collect climate-related data and understand how it impacts FIs in order to conduct a proper stress test, says MAS board member Ong Ye Kung.

Securities / Derivatives

SGX, IPOS Launch Joint Initiative to Unlock Value from Intangible Assets

05/02/2020

Until end-2020, a pilot programme will help companies undergo an evaluation and audit process to assess their intangible assets as indicators of business value.

Securities / Derivatives

HK Bourse to Grant Relief on Issuer Results Announcements

04/02/2020

Listed companies experiencing difficulties publishing results or audited financial statements due to coronavirus-related travel and other restrictions may be granted relief.

Securities / Derivatives

BSE, NSE Launch New Trading Platforms for Debt Securities

04/02/2020

BSE India launched its new RFQ Platform on Monday and NSE on Tuesday. The platforms offer greater transparency and access to debt securities for eligible investors.