Trading & Investment

Exchanges Seek Better Calibration of Circuit Breakers: WFE

08/04/2021

Eleven exchanges recalibrated their circuit breakers during the pandemic or as a consequence of it, according to a new WFE paper.

Anti-Money Laundering

FinCEN Consults on Beneficial Ownership Reporting Requirement

08/04/2021

FinCEN is asking for written comments on the implementation of the beneficial ownership information reporting of the Corporate Transparency Act.

Nature & Biodiversity

NGFS, INSPIRE to Study Financial Risks of Biodiversity Loss

07/04/2021

The research will seek to understand how central banks and supervisory authorities can fulfil their financial stability mandates in the context of biodiversity loss.

Conduct, Culture & Accountability

APRA Approves Westpac Plan to Strengthen Risk Governance

07/04/2021

The integrated plan outlines a comprehensive program of work to enhance Westpac’s risk culture and risk governance.

Trading & Investment

SORA Property Loans Provide Interest Rate Stability: UOB

07/04/2021

Borrowers say the certainty, transparency and stability are key factors affecting their willingness to choose SORA-based loan products.

Structural Regulation

BlackRock Paves Way for Mutual Fund Business in China

07/04/2021

BlackRock has withdrawn its private fund manager registration to pave the way for the launch of its new wholly-owned mutual fund unit in China.

Cloud & Infrastructure

Mizuho May Seek Compensation from Hitachi for System Glitch

07/04/2021

The delay of 263 transactions for corporate clients was said to be caused by a malfunction in a disk storage device made by Hitachi.

Market Data & Technology

Japan to Start Publishing TORF Production Rates from 26 April

07/04/2021

QUICK Benchmarks, formed in January 2021, has been publishing TORF prototype rates weekly since May 2020 and daily since October 2020.

Market Abuse

SFC Adds ‘Ramp-and-Dump’ Syndicate Member to Wanted List

07/04/2021

An arrest warrant was issued for Zeng Lingxi, an alleged member of a syndicate suspected of operating ramp-and-dump scams on social media.