MARKET INFRASTRUCTURE

Market Infrastructure

ISDA Calls for Delay to Initial Margin Deadlines

By Editors | 26/03/2020

Without a delay, smaller entities will almost certainly be shut out of the derivatives market, denying them the ability to manage risk when they need it most, says ISDA chief Scott O’Malia.

Market Infrastructure

Singapore Stimulus Plan to Catalyse Private Sector Loans

By Editors | 26/03/2020

MAS is working with banks and insurers to see how best to help businesses and individuals with loan obligations and insurance premium payments.

Market Infrastructure

Interim LIBOR Transition Milestones May Be Affected: FCA

By Editors | 26/03/2020

While end-2021 remains the firm target date for all firms to meet, interim transition milestones in some of the less prepared segments such as loan markets may be affected.

Market Infrastructure

ASX to Delay Implementation of CHESS Replacement

By Editors | 25/03/2020

ASX will launch a public consultation in June on a new timetable for its CHESS replacement project, amid uncertainty created by the coronavirus pandemic.

Fintech / Regtech

Securities Market Principles Can Be Applied to Stablecoins: IOSCO

By Editors | 25/03/2020

Preliminary analysis concludes that the Principles for Financial Market Infrastructures could apply to the global stablecoin arrangements, among other principles and standards.

Capital / Liquidity

S. Korea Announces Emergency Financial Aid Package

By Editors | 24/03/2020

The 100-trillion-won package includes funding for businesses, two market stabilisation funds, support for new bond issuance and liquidity support for brokerage firms.

Market Infrastructure

Australia Unveils Stage Two Economic Package Worth A$66.1b

By Editors | 23/03/2020

Including the new package, a total A$189bn is being injected into the economy by ‘all arms of the government’ to ‘help build a bridge to recovery’.

Market Infrastructure

US Fed Indicates Open-ended Commitment to Quantitative Easing

By Editors | 23/03/2020

“Aggressive efforts must be taken across the public and private sectors,” the Fed said, effectively pledging to buy Treasuries and mortgage-backed securities to any extent required

Fintech / Regtech

Singapore, Australia Agree to Promote Data Connectivity, Digital Economy

By Editors | 23/03/2020

Singapore and Australia have committed to allowing financial institutions to choose where their data is stored and prohibiting data localisation, among a raft of other agreements.