Big Picture

Big Picture

IBOR Phase-out Plans on Track Despite Covid: Moody’s

By Manesh Samtani | 29/09/2020

But challenges remain, including limited liquidity in ARR markets, uncertainties on term rates and credit spread adjustments, and operational issues.

Big Picture

A New Zero Tolerance Era for ESG Reporting

By Editors | 22/09/2020

As nations across the globe come to terms with understanding and tackling climate change, mandatory reporting of such risks across capital markets could well become the norm.

Securities / Derivatives

BIS Report Proposes Carbon Intensity-based Rating System

By Manesh Samtani | 20/09/2020

A new report proposes a system for labelling issuers for firm-level greenness based on carbon intensity, the ratio of carbon emissions to revenue.

Big Picture

Firms Lagging in Preparations for UMR Compliance: Survey

By Manesh Samtani | 19/09/2020

State Street found that 19% of Phase 5 and 6 firms are fully prepared for UMR compliance. Hedge funds are said to be the least prepared for compliance.

Big Picture

Markets Must Remain Open, Transparent if Volatility Returns: WFE

By Manesh Samtani | 17/09/2020

Under no circumstances should restrictions on trading be invoked because of increased volatility, the WFE says in a guidance note.

Big Picture

Cross-border Real Estate Investors Raise APAC Financial Stability Risk

By Manesh Samtani | 16/09/2020

Global investors amplify volatility in commercial real estate markets, a phenomenon that has been pronounced during the Covid-19 shock, the BIS says.

Securities / Derivatives

Industry Standards Needed for Measuring Execution Quality: FMSB

By Editors | 08/09/2020

Best practice principles will facilitate regulatory compliance and drive efficiencies in the measurement of execution quality, the FMSB says in a new spotlight review.

Big Picture

China Securities Firms to Differentiate with Fintech: KPMG

By Editors | 01/09/2020

Model differentiation and consolidation are expected to be key trends for China’s securities industry going forward, according to a new report from KPMG.

Fintech / Regtech

Hong Kong AoF Publishes Report on AI Adoption in Banking

By Editors | 23/08/2020

The report provides insights about the risk management frameworks and overarching supervisory principles banks use when adopting artificial intelligence.