Structural Regulation

UK FCA Announces Decision on Synthetic USD LIBOR Rates

04/04/2023

1-, 3- and 6-month synthetic USD LIBOR rates will continue to be published for 15 months after the USD LIBOR bank panel ceases on 30 June.

Trading & Investment

CME Group Launches Offshore Yuan Options Contracts

04/04/2023

Traders no longer view the yuan as an emerging-market currency like it was ten years ago, said Chris Povey.

Structural Regulation

CSRC Finalises New Rules for Futures Exchanges

03/04/2023

New requirements cover product listings, programmatic trading, internal governance, risk monitoring, emergency planning, and financial management, among other areas.

Credit Risk

RBNZ Finalises Framework for Imposing DTI-based Lending Curbs

03/04/2023

Banks have 12 months to prepare their systems for the possible implementation of mortgage lending restrictions based on debt-to-income ratios.

Credit Risk

CSRC Tightens Rules for Bond Funds to Reduce Risk

03/04/2023

New bond funds can only invest up to 20 percent of portfolios in bonds rated AA+, compared with 50 percent previously.

Alternative Markets

Hong Kong Exchange Lists First Ever Catastrophe Bond

03/04/2023

The $350mn catastrophe bond offers protection against losses related to earthquake risks in Chile over the next three years.

Conduct, Culture & Accountability

UK Launches Review of Senior Managers Accountability Regime

03/04/2023

The review seeks stakeholders’ views to identify ways to improve operational and legal aspects of the Senior Managers and Certification Regime.

Structural Regulation

Bursa Malaysia Finalises Rules for LEAP-to-ACE Listing Transfers

03/04/2023

Bursa Malaysia’s Julian Hashim said the amendments offer a clearer roadmap for LEAP companies aiming to graduate to the ACE Market.

Trading & Investment

JPX to Launch Index of Stocks that Focus on Value Creation

03/04/2023

The index will comprise 150 Prime Market companies that are expected to create value based on financial performance or market valuation.