Capital / Liquidity

SGX to Enhance Clearing Member Default Management Process

22/11/2020

SGX proposes to align CDP’s default management practices with global standards and improve the efficiency and speed with which defaults may be resolved.

Securities / Derivatives

UPDATED – First Brokers Approved to Use TSE’s CONNEQTOR Platform

22/11/2020

CONNEQTOR enables institutional investors who want to trade a particular ETF at a particular quantity to send an RFQs to market makers.

Market Infrastructure

HKMA Expands List of Eligible Collateral for RMB Facility

21/11/2020

Eligible collateral will include RMB, USD and EUR debt securities issued offshore by China’s central bank, Ministry of Finance or policy banks.

Securities / Derivatives

NAFMII Issues New Rules for Interbank Bond Market

20/11/2020

The rules prohibit issuers from directly subscribing to their own bonds in the interbank market or buying them indirectly through affiliates or asset management products.

Capital / Liquidity

APRA Halves CBA Operational Risk Capital Add-on

20/11/2020

CBA has made “significant progress” in areas such as risk management and compliance, remuneration and risk culture, APRA says.

Securities / Derivatives

FSC Korea to Enable Greater Retail Participation in IPOs

20/11/2020

From next month, the retail allocation of IPOs shares will increase from 20% to 30%, and a fairer approach to allocations will be adopted.

AML / KYC

JP Morgan Becomes Global LEI System’s First Validation Agent

19/11/2020

JP Morgan issued the first LEI under the new Validation Agent model with LEI issuer, Business Entity Data, a wholly-owned subsidiary of DTCC.

ESG / Sustainability

KRX Launches Index Tracking Carbon Efficiency of Listed Companies

19/11/2020

The index assigns weightings based on carbon-to-revenue footprints calculated using information in sustainability reports, annual reports, ESG reports, and other publicly disclosed sources.

Securities / Derivatives

AllianceBernstein Seeks CSRC Approval for China Mutual Fund Unit

19/11/2020

US fund manager AllianceBernstein’s Hong Kong unit has applied to set up a mutual fund unit in China.