Market Infrastructure

Market Infrastructure

ARRC Allows Expanded Use of Term SOFR for Hedging

By Editors | 25/04/2023

Market participants can use Term SOFR in basis swap transactions even if they are not a direct party to a Term SOFR cash exposure.

Market Infrastructure

Macau Exchange Signs Cooperative Agreement with LuxSE

By Editors | 25/04/2023

Under the agreement, MOX-listed securities can be admitted for listing and trading on LuxSE’s exchange-regulated market, the Euro MTF.

Market Infrastructure

Stock Connect Trading Calendar Enhancements Take Effect

By Editors | 25/04/2023

The enhancements will add about 10 trading days to northbound and southbound Stock Connect each year.

Crypto / Digital Assets

FIX Protocol Adopts Digital Token Identifier ISO Standard

By Editors | 24/04/2023

Adding the DTI to FIX will allow the industry to incorporate the trading and settlement of digital assets into their current trading and settlement operations.

ESG / Sustainability

FSB Identifies Growing Use of Climate Metrics in Compensation

By Editors | 24/04/2023

The inclusion of climate-related metrics in compensation frameworks is at an “early, evolutionary stage” and is focused on executive and senior management.

ESG / Sustainability

Singapore, China Deepen Collaboration on Green Finance

By Editors | 24/04/2023

MAS-PBOC green finance taskforce will work on taxonomy interoperability, the sustainability bond market, and digital green bonds.

Market Infrastructure

FSC Korea Seeks Reforms on Performance-based Pay

By Editors | 23/04/2023

The reforms include expanding the use of malus and clawback of deferred pay and requiring disclosures of the amounts paid to individual executives.

Fintech / Regtech

DBS Formed a Special Committee to Oversee Probe into March Outage

By Editors | 22/04/2023

Senior minister said the November 2021 and March 2023 incidents at DBS appear unrelated, but that the bank’s new special committee will determine if there are “common underlying weaknesses”.

Market Infrastructure

RBA to Undergo Overhaul Following Comprehensive Review

By Editors | 21/04/2023

The review report suggests splitting the RBA’s board into a monetary board and a corporate governance board.