Market Infrastructure

IBA Confirms Plans for Cessation of USD LIBOR ICE Swap Rate

17/11/2022

Publication of USD LIBOR ICE Swap Rate “runs” for all tenors will cease immediately after the rates are published on 30 June 2023.

Fintech / Regtech

SEBI Issues New Rules for Operators of Online Bond Platforms

17/11/2022

Online bond platform providers must have a stockbroker registration certificate from SEBI and be registered with the stock exchange.

Crypto / Digital Assets

Korea FSS to Issue Accounting Guidelines for Crypto Firms

17/11/2022

The current accounting system in Korea does not provide options for companies dealing in crypto.

ESG / Sustainability

Alternative Credit Managers Launch ESG Disclosure Tool

17/11/2022

The ESG Integrated Disclosure Project template provides private companies and credit investors a standard format for ESG-related disclosures.

Fintech / Regtech

New Zealand Confirms Plans to Roll-out Out Open Banking

16/11/2022

The banking industry will be the first sector in New Zealand to implement a Consumer Data Right mechanism, like in Australia.

Market Infrastructure

PCAOB Had “Good Access” During Hong Kong Audit Inspection – Report

16/11/2022

The PCAOB reportedly gained all the information it requested during its inspection, but a decision has not yet been made regarding its dispute with Chinese regulators.

Market Infrastructure

Beijing Stock Exchange Marks First Anniversary Since Launch

16/11/2022

The BSE issued new rules for margin financing and securities lending business, in a bid to further improve market liquidity and pricing efficiency.

Capital / Liquidity

APRA Proposes Amendments to Capital Requirements for PPF Providers

16/11/2022

PPF providers are a type of stored value facility provider. The proposed changes are part of a broader review of APS 610.

Securities / Derivatives

ESMA Recognises Bursa Malaysia Derivatives Clearing as TC-CCP

16/11/2022

The recognition will make it easier and more cost-effective for European counterparties to access Malaysia’s derivatives market.