Market Infrastructure

Market Infrastructure

China Issues Draft Rules Easing Foreign Access to Bond Market

By Editors | 04/09/2020

The rules simplify application procedures for foreign bond investors, unify rules governing various investment channels, and optimise remittance and foreign exchange operations.

Market Infrastructure

UOB Issues First Dual Tranche SORA-SOFR Loan for CapitaLand

By Manesh Samtani | 04/09/2020

UOB and CapitaLand aim to enhance market confidence in adopting SORA and help accelerate the transition away from SOR, in line with MAS objectives.

AML / KYC

SWIFT Details How Cyber Criminals Encash Stolen Funds

By Editors | 03/09/2020

In a new report, SWIFT and BAE Systems reveal how cyber attackers launder money and ‘cash out’ following large-scale heists.

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.