Market Infrastructure

Market Infrastructure

ISDA to Add Pre-cessation Trigger to LIBOR Fallback Provisions

By Editors | 16/04/2020

A significant majority of respondents favour including both pre-cessation and permanent cessation fallbacks as standard language in the amended 2006 ISDA Definitions for LIBOR.

Market Infrastructure

Cambodia: Securities Regulator to Undergo Digital Transformation

By Editors | 15/04/2020

The Securities and Exchange Commission of Cambodia will develop a digital reporting system and adopt technology requirements in its regulatory framework.

Market Infrastructure

FSB Updates G20 on Coordinated Response to Covid-19

By Editors | 14/04/2020

Since mid-March, FSB members have reported about 850 discrete actions to address the financial and economic fallout related to Covid-19.

Big Picture

FSB Offers Recommendations on Regulating Global Stablecoins

By Editors | 14/04/2020

The consultative report proposes 10 high-level recommendations for jurisdictional authorities to advance consistent and effective regulation and supervision of global stablecoin arrangements.

Market Infrastructure

China Opens Treasury Bond Futures Market to ICBC, BOC, BoCom

By Editors | 13/04/2020

Participation by the three banks in the treasury bond futures market will improve liquidity, enhance price discovery, and create a more meaningful yield curve.

Market Infrastructure

ISDA, IIF Warn G20 of Acute USD Shortage in Emerging Markets

By Editors | 13/04/2020

US dollar shortages could constrain policy responses aimed at cushioning emerging market economies from the Covid-19 shock.

Market Infrastructure

Myanmar Awards Licences to Seven More Foreign Banks

By Editors | 13/04/2020

The preliminary licences were awarded to three Korean banks, two Taiwanese banks, one Hong Kong bank and one Thai bank.

AML / KYC

FSB Publishes Stage 1 Report on Enhancing Cross-Border Payments

By Editors | 09/04/2020

New technologies have the potential to facilitate fast, low cost, transparent and scalable payments, but should be accompanied by measures to address all relevant risks.

Market Infrastructure

IOSCO Redirects Work Programme to Focus on Covid-19 Impacts

By Editors | 09/04/2020

IOSCO resources will be redeployed to focus on matters directly impacted by Covid-19, including to examine market-based finance, investment funds and central clearing.