MARKET INFRASTRUCTURE

Market Infrastructure

SEBI Updates Market Infrastructure Cyber Security Framework

By Editors | 24/05/2022

Stock exchanges, clearing corporations, and depositories are required to conduct a comprehensive cyber audit at least twice each financial year.

Market Infrastructure

CSRC to Fully Implement DvP Settlement in Securities

By Editors | 24/05/2022

The rules taking effect on 20 June will enable DvP settlement for institutional investors and reduce the reserves settlement participants have to hold.

Market Infrastructure

ARRC Endorses 12 Month Term SOFR for Legacy LIBOR Loans

By Manesh Samtani | 24/05/2022

ARRC approved the CME 12-month Term SOFR rate for legacy LIBOR consumer products and trade and receivables finance.

Market Infrastructure

China’s Futures and Derivatives Law: A New Era

By Jonathan Quie | 24/05/2022

The new law sets the stage for the continued growth and development of the country’s capital market, say Melody Yang and Jonathan Quie.

Big Picture

NGFS Issues Reports on Climate-related Risks and Ratings

By Editors | 24/05/2022

Two new reports shed light on the extent to which climate risks are taken into account by FIs and affect credit ratings.

Securities / Derivatives

ISDA Offers Derivatives Policy Guidance to Emerging Markets

By Editors | 23/05/2022

ISDA’s paper offers a framework for emerging and developing market policymakers seeking to transpose global standards for derivatives markets in local rule sets.

Securities / Derivatives

Sustainable Exchanges Partnership Increases Emerging Markets Focus

By Editors | 23/05/2022

UN SSE and IFC will work to advance gender equality and support the adoption and implementation of sustainable finance products.

Market Infrastructure

New Visa Rules Will Not Hinder Access to Foreign Talent: Menon

By Editors | 21/05/2022

MAS managing director Ravi Menon addressed concerns that a revised scoring system for employment pass applicants could impede hiring by Singapore FIs.

Market Infrastructure

LME Proposes to Enhance Reporting of OTC Metals Trades

By Editors | 21/05/2022

Banks would be required to report all off-exchange trades in aluminium, copper, nickel, tin and zinc on a weekly basis.