Market Infrastructure

Market Infrastructure

Three Lines of Defense: Failed Promises & What Comes Next

By Erich Hoefer | 03/09/2020

The 3LoD model and its proposed successor, the Three Lines Model, need to account for social and behavioural drivers of misconduct to achieve their potential.

Uncategorised

New US Exchange MEMX Postpones Launch for Additional Testing

By Sanday Chongo Kabange | 03/09/2020

Wall Street-backed MEMX will begin trading in six symbols on 21 September before trading all National Market System stocks on 29 September.

Market Infrastructure

Amex Joint Venture Commences Card Clearing Operations in China

By Editors | 03/09/2020

The joint venture has launched bank card clearing services in partnership with 16 commercial banks, three mobile payment platforms, and nonbanking payment services providers.

Market Infrastructure

APRA Updates Four-Year Corporate Plan to Prioritise Covid Risks

By Editors | 02/09/2020

APRA will prioritise the safety and soundness of regulated institutions, operational resilience and contingency planning for adverse events.

Market Infrastructure

Why APAC Should Care About the EU’s AIFMD Review

By Tony Freeman | 02/09/2020

Though prompted by Brexit, the proposed review of the AIFMD legislation will also have implications for buy-side firms operating in Asia, says industry veteran Tony Freeman.

Market Infrastructure

Singapore: SOR Fallback Rate to Only be Available Temporarily

By Manesh Samtani | 01/09/2020

Fallback Rate (SOR), the primary fallback reference rate for SOR derivatives, will be permanently discontinued about three years following the fallback trigger.

Market Infrastructure

KBank, CIMB Thai Complete First OIS Trade Referencing THOR

By Editors | 01/09/2020

KBank and CIMB Thai Bank completed the first overnight indexed swap derivatives transaction referencing Thailand’s new reference rate on Monday.

Market Infrastructure

PBOC to Promote Interbank Repo Rates in Financial Products

By Editors | 31/08/2020

Interbank bond repo rates have been based on actual transactions for over 20 years, the PBOC said, pledging to enhance its benchmark interest rate system.

Market Infrastructure

ESMA Postpones CSDR’s Settlement Discipline Regime

By Editors | 31/08/2020

The regime was initially due to come into force from September 2020 before it was deferred to February 2021. The new effective date is 1 February 2022.