Market Infrastructure

Market Infrastructure

ARRC Publishes Best Practices for LIBOR to SOFR Switch

By Editors | 01/06/2020

The ARRC outlines near-term transition steps that market participants should aim to take across floating rate notes, business loans, consumer loans, securitisations, and derivatives.

Market Infrastructure

How Singapore’s New Rate Will Change the S$3.5tr Derivatives Market

By FinanceAsia | 31/05/2020

With the first interest rate swap transaction referencing the new Singapore Overnight Rate Average, the island state hopes to stay ahead of regional peers.

Market Infrastructure

ISDA to Launch 2020 Definitions on Digital Platform by Year-End

By Editors | 31/05/2020

Over time, the platform will allow information contained in the ISDA 2020 Definitions to automatically flow through to trading, operational and risk management systems.

Market Infrastructure

Trump: US to End Hong Kong Trade Privileges, Sanction Chinese Officials

By Manesh Samtani | 30/05/2020

The US President says Hong Kong’s special treatment will be revoked, Hong Kong and Chinese officials will be sanctioned, and Chinese companies listed on US exchanges will be examined.

Market Infrastructure

WFE Details Industry Efforts to Ensure Cyber Resilience of Markets

By Editors | 29/05/2020

WFE members are continuously investing resources and technology to enhance their capabilities under the philosophy that it is not a question of ‘if’ they experience a cyber incident but when.

Fintech / Regtech

IOSCO Consults on Updated Set of Outsourcing Principles

By Editors | 28/05/2020

The principles include selection due diligence, information security, confidentiality issues, outsourcing risk concentration, and access to data, among others.

Market Infrastructure

China Approves Plan to Impose National Security Law in Hong Kong

By Manesh Samtani | 28/05/2020

The move could impact Hong Kong’s special trade status under US law, lead to sanctions against officials, and trigger a downgrade of the city’s credit rating.

Fintech / Regtech

FSC Korea to ‘Reshape’ Regulations, Infrastructures to Boost Innovation

By Editors | 28/05/2020

In a welcome speech for Online Korea Fintech Week, FSC chairman Eun Sung-soo said the regulator will pursue innovation based on three main pillars.

Market Infrastructure

US State Dept Declares Hong Kong No Longer Autonomous

By Manesh Samtani | 27/05/2020

The move puts at risk the special status under US law Hong Kong has enjoyed since 1992, jeopardising billions of dollars worth of trade and investment.