MARKET INFRASTRUCTURE

    Capital / Liquidity

    BCBS Clarifies Capital Treatment of Amended LIBOR Contracts

    By Editors | 28/02/2020

    Capital instruments amended solely to implement benchmark reforms will not be treated as new instruments for the purpose of assessing their eligibility as Tier 1 and Tier 2 instruments.

    Crypto / Digital Assets

    Thailand SEC Sets Out Three Year Strategic Plan for Capital Market

    By Editors | 28/02/2020

    The strategic plan includes greater integration of ESG factors in the market, enhancing SME and startup access to capital, promoting the use of digital and e-KYC technologies, among others.

    Market Infrastructure

    BOJ Enquires into Banks’ Covid-19 Contingency Plans

    By Editors | 28/02/2020

    Risks to the banking system came into focus on Thursday when MUFG became the first major Japanese bank to report an infection.

    Market Infrastructure

    Indonesia CSD Goes Live with Nasdaq Technology

    By Editors | 28/02/2020

    The new CSD platform operates at a rate 40 times faster than the previous system, with the ability to manage up to 80,000 settlement instructions per minute.

    Market Infrastructure

    Malaysia Stimulus Package to Boost Financial Sector, SMEs

    By Editors | 28/02/2020

    The measures include an immediate 12-month waiver of listing-related fees for smaller companies, a new capital market investment fund, and additional financing options for SMEs.

    Market Infrastructure

    Japan’s Quick Corp Selected to Calculate, Publish Prototype Terms Rates

    By Editors | 27/02/2020

    Part of the Nikkei Group, Quick Corp will start preparing to calculate and publish prototype term rates based on JPY overnight index swaps.

    Market Infrastructure

    ASX Finalises Changes to 3-year, 10-year Treasury Bond Futures Roll

    By Editors | 27/02/2020

    A consultation on the changes received 36 submissions, largely supportive of ASX’s proposals, citing reduced costs, operational efficiencies and improved order management capabilities.

    Market Infrastructure

    Central Bank to Discontinue Sri Lanka Inter-Bank Offered Rate

    By Editors | 27/02/2020

    This decision reflects the lack of SLIBOR’s usage of in benchmarking loan products in the domestic financial market, along with a global trend of phasing out IBORs.

    Market Infrastructure

    BOE to Increase Haircuts on LIBOR-linked Collateral from October

    By Editors | 27/02/2020

    The market need to see a decisive acceleration in effort in 2020 to ensure risk-free rates are adopted and LIBOR is left behind for good, the BOE’s Andrew Hauser said.

    Market Infrastructure

    RBNZ Launches New Payment Settlement System

    By Editors | 27/02/2020

    Replacing a 20-year old system, the new payment settlement platform comprises an RTGS system known as ESAS 2.0 and a central securities depository called NZClear 2.0.

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