MARKET INFRASTRUCTURE

Securities / Derivatives

SEBI Eases Requirements for FPI Registration

By Editors | 23/08/2019

SEBI has consolidated 57 circulars and 183 FAQs issued over the years into a single circular for FPIs, easing several requirements in the process.

Market Infrastructure

Goldman Files Application to Control China Securities JV

By Editors | 22/08/2019

Goldman is seeking to bring its China business in line with its operations in other parts of the world – as its local partner folds its operations into the joint venture.

Market Infrastructure

WFE Explores Sustainability Standards for Commodity Markets

By Editors | 22/08/2019

In a new white paper, the WFE explores potential ways for commodity derivatives exchanges to address the impact of sustainability.

Capital / Liquidity

US Regulators Approve Easing of Volcker Rule

By Manesh Samtani | 21/08/2019

Two of five US agencies have approved the Volcker Rule revamp, which aims to simplify its requirements and give banks more flexibility to trade.

Market Infrastructure

China Levels Playing Field for Foreign Asset Managers

By AsianInvestor | 20/08/2019

By enlarging their investment scopes, the regulator is also paving the way for them to expand their businesses in China.

Market Infrastructure

Australia Accelerates Post Royal Commission Reform

By Editors | 20/08/2019

Under the government’s implementation roadmap, close to 90% of its remaining commitments will be implemented by mid-2020, and legislation for the rest will be introduced by end-2020.

Market Infrastructure

Treasurers and the Libor ‘Pre-Cessation’ Trigger

By CorporateTreasurer | 20/08/2019

Financial firms can’t seem to come to an agreement on the unofficial “pre-cessation” trigger that will signal the beginning of the end for Libor. Meanwhile, SOFR faces some controversy.

Market Infrastructure

PBOC Reforms Interest Rate Setting Mechanism

By Editors | 19/08/2019

The new market-oriented mechanism for calculating the Loan Prime Rate is expected to lower the cost of borrowing nationwide.

Capital / Liquidity

HKMA Adjusts Initial Margin Implementation Schedule

By Editors | 19/08/2019

The HKMA has adjusted its implementation schedule for the incoming requirements, taking into account the one-year phased extension announced by BCBS and IOSCO in July.