Market Infrastructure

LCH Extends Central Clearing for SORA Derivatives to 21 Years

22/02/2021

MAS will likewise extend the tenor of its daily SORA derivatives auctions with major derivatives dealers from 5-years to 20-years.

Capital / Liquidity

MAS Proposes Revisions to Requirements for Insurers

22/02/2021

MAS proposes to enhance the current requirements relating to enterprise risk management, investment risk management and disclosure practices.

AML / KYC

US Prosecutors Unveils New Charges Against North Korean Hackers

21/02/2021

Warrants have been issued for the arrest of the three programmers said to be involved in the Sony, WannaCry, Bangladesh Bank and other attacks.

AML / KYC

UK, Canada Impose Sanctions Against Myanmar Officials

21/02/2021

Human Rights Watch is calling for economic sanctions, travel bans and asset freezes for leaders of Myanmar’s military, military business conglomerates and the new governing body.

Securities / Derivatives

HK, Singapore on Alert for Social Media Fuelled Manipulation

19/02/2021

The SFC has issued restriction notices against 54 more trading accounts. Singapore regulators are guarding against “pump and dump” and “short and distort” scenarios.

Market Infrastructure

Euroclear to Enable Direct Access to SGX Bonds for Global Investors

18/02/2021

The new ‘Orchid’ bond structure will allow global investors to benefit from real-time, multi-currency DVP settlement with any counterparty within Euroclear’s network.

ESG / Sustainability

Budget 2021: Singapore to Finance Infrastructure with Green Bonds

17/02/2021

The issuance will help deepen market liquidity for green bonds, and attract green issuers, capital, and investors to Singapore, said Deputy Prime Minister Heng Swee Keat.

Securities / Derivatives

RBI Issues Draft Guidelines to Open Up CDS Market

16/02/2021

Under the guidelines, retail users will be allowed to buy permitted credit derivatives for hedging purposes, whereas non-retail can do so for any purpose.

AML / KYC

Hong Kong: GDF Warns Against Restricting Retail Investment in Crypto

16/02/2021

The November FSTB proposal to only allow VASPs to offer services to professional investors could prompt retail investors to move to unlicensed platforms, GDF says.