MARKET INFRASTRUCTURE

Market Infrastructure

Singapore Consults on Adjustment Spreads for Legacy SOR Contracts

By Manesh Samtani | 19/05/2022

Declining liquidity in the SOR-SORA basis swap market is causing difficulties in pricing adjustment spreads used to covert legacy SOR contracts to SORA-based contracts.

Market Infrastructure

TDCC to Operate Centralised Clearing Platform for Funds

By Darien Choong | 18/05/2022

Taiwan Depository Clearing Corp is will establish and operate a centralised domestic fund clearing platform.

Market Infrastructure

China Issues New Guidelines on Accounting Firm Inspections

By Editors | 18/05/2022

Inspections will assess whether accounting firms have adequate information security and systems for screening audit work papers for “secrets”.

Market Infrastructure

Tokyo Bourse to Pilot Carbon Market in September

By Editors | 17/05/2022

The TSE has been commissioned to develop Japan’s first carbon credits market. Full-scale operations will be launched in FY2023-2024.

ESG / Sustainability

Singapore Launches ESG Registry Under Project Greenprint

By Manesh Samtani | 17/05/2022

STACS says the registry will provide financial institutions, corporates, and regulators access to quality ESG certifications and data.

Market Infrastructure

HKEX Sets 13 June Launch Date for New VaR Platform

By Editors | 17/05/2022

The VaR Platform will replace the existing flat-rate model for calculation of margin and HKSCC Default Fund contributions.

Big Picture

Near-term Economic Climate Change Impacts “Harder to Ignore”

By ESG Investor | 17/05/2022

New report says the near-term impacts of climate change are becoming ever harder for financial institutions to ignore.

Market Infrastructure

ASIC Consults on Final Derivatives Reporting Rules

By Manesh Samtani | 17/05/2022

ASIC will implement the UTI and LEI requirements on 1 October 2023, and the UPI and CDE on 1 April 2024.

Big Picture

Bank Culture Regarded as Critical Governance Priority: Report

By Manesh Samtani | 16/05/2022

Financial regulators are prioritising psychological safety, ‘speak up’ culture, and the ability to “predict and prevent” stakeholder harm, says a report from Starling.