MARKET INFRASTRUCTURE

AML / KYC

Moscow Reopens Bond Market to ‘Friendly’ Nations

By Manesh Samtani | 17/08/2022

Investors from “unfriendly” countries remain subject to capital controls banning them from selling or collecting payments on Russian securities.

Market Infrastructure

CFTC Removes Clearing Requirement for LIBOR Swaps

By Editors | 16/08/2022

Mandatory clearing requirements will instead apply to interest rate swaps referencing SARON, TONA, €STR, SOFR and SORA.

ESG / Sustainability

Australia Needs National Carbon Market Strategy – Report

By Editors | 16/08/2022

The government should publish a national strategy that helps embed decarbonisation in everyday decision-making and upholds the integrity of offsets, the Climate Change Authority says.

Market Infrastructure

Industry Calls for Reforms to EU Benchmarks Regulation

By Manesh Samtani | 15/08/2022

Many non-EU benchmarks won’t qualify under BMR in time for 31 December 2023, disproportionately impacting Asia exposures.

Market Infrastructure

SFC, CSRC Agree to Align Trading Calendars for Stock Connect

By Sanday Chongo Kabange | 15/08/2022

Northbound and southbound Stock Connect trading will be possible on all trading days when both the Hong Kong and Mainland China markets are open.

Market Infrastructure

Malaysia Reassures Public After Data Breach at Payments Firm

By Editors | 15/08/2022

The iPay88 breach will be raised in a Cabinet meeting to discuss a proposal to establish a Royal Commission of Inquiry to investigate the incident.

Capital / Liquidity

APRA Corporate Plan Highlights Focus on Industry Resilience

By Sanday Chongo Kabange | 14/08/2022

In its latest corporate plan, APRA said its focus is to ‘protect the community today’ and ensure the financial system is ‘prepared for tomorrow’.

Fintech / Regtech

Making Data Security a Priority in a World of Tech-driven Services

By Philip Keller | 14/08/2022

Philip Keller outlines key considerations for banks when establishing a protocol to ensure data can only be shared in a safe, reliable, timely, and complete manner.

Market Infrastructure

Korea: New FSC Administration Sets Out Policy Agenda

By Sanday Chongo Kabange | 11/08/2022

The agenda sets out measures to ensure financial stability, encourage digital transformation, improve the capital markets, and introduce new regulations for digital assets.