Capital / Liquidity

SGX to Offer Free Analytics to Facilitate UMR Preparation

26/08/2020

Through a partnership with Cassini Systems, SGX will provide market participants the analysis needed to understand how they can reduce the UMR cost burden.

Fintech / Regtech

ASIC Issues Guidance on Use of Enhanced Regulatory Sandbox

25/08/2020

The enhanced regulatory sandbox will commence on 1 September, following legislative amendments passed in February and subsequent regulations made in May.

Securities / Derivatives

ISDA Calls for Global Alignment in UPI, UTI Implementation

25/08/2020

ISDA is urging the FSB to “intensify monitoring and coordination of jurisdictional alignment” to the global UTI, UPI and CDE recommendations.

Securities / Derivatives

SZSE’s ChiNext Debuts First 18 Listings Under New IPO System

24/08/2020

18 companies rose by 212 percent on average on their first day of trading, with one company rising more than 2,900 percent during the day.

Capital / Liquidity

Hong Kong IA Proposes New Capital Rules for Insurance Groups

24/08/2020

The rules set out capital, regulatory reporting and public disclosure requirements that apply to insurance groups where the holding company is incorporated in Hong Kong.

Securities / Derivatives

HK Bourse Finalises Changes to Professional Debt Regime

23/08/2020

The issuer net assets requirement will be raised, a minimum issuance size will be introduced, and state corporations will be required to meet issuer eligibility requirements.

Securities / Derivatives

HKEX Adds Two More Taiwan Futures Contracts to MSCI Suite

20/08/2020

HKEX is seeking CFTC certification for the new contracts. The move intensifies competition with SGX, which already has a CFTC-certified futures contract for Taiwan.

ESG / Sustainability

SGX Partners with FTSE Russell to Expand Derivatives Product Line

20/08/2020

The product expansion will cater to demand from institutional investors for solutions in multi-asset, ESG, dividend, sector and duration strategies.

Market Infrastructure

MAS Becomes First Asian Government Entity to Issue RFR Debt

19/08/2020

Singapore is seen to be leading Asia in its preparation for the cessation of LIBOR at the end-of 2021. Earlier this month, MAS announced new initiatives to catalyse SORA markets.