Market Infrastructure

Market Infrastructure

China Orders SOEs to Transfer Capital to Social Security Fund

By Editors | 25/09/2019

The national social security fund will be used primarily to make up pension shortfalls, using capital from centrally-administered SOEs, including financial institutions.

Securities / Derivatives

US, UK Agencies Work to Clean Up Credit Derivatives Market

By Editors | 24/09/2019

In a joint statement, the SEC, CFTC and FCA have pledged to work together to address “opportunistic strategies” that harm the credit derivatives market.

Big Picture

DTCC Calls on Industry to Prioritise Business Resilience Efforts

By Editors | 24/09/2019

Firms must establish resilience as a business-owned strategic initiative, and be willing to prioritise business resilience over efficiency in some cases, says a new DTCC whitepaper.

Market Infrastructure

Thailand, Clearstream Go Live with Cross-Border Funds Link

By Editors | 24/09/2019

The new link allows international investors to access Thailand’s funds market, and Thai investors to access more than 190,000 funds on Clearstream’s platform.

Market Infrastructure

HKEX Enlists Investment Banks to Help with LSEG Bid

By Editors | 24/09/2019

HKEX has reportedly brought in UBS, Credit Suisse and HSBC to help it engage with LSEG shareholders and provide advice on its recently-rejected bid to takeover the London bourse.

Market Infrastructure

Experts Bemoan Hong Kong’s Slow Green Finance Reform

By AsianInvestor | 24/09/2019

The city’s regulator and central bank must introduce guidance and rules more aggressively if they want to show that Hong Kong is committed to green finance, say industry participants.

Market Infrastructure

Vietnam to Consolidate Exchanges Under Single Entity

By Editors | 23/09/2019

Under the new structure, HOSE will focus on operating the stock market and the HNX will focus on derivatives and bond markets.

Big Picture

Automating Regulatory Compliance in DLT-based Markets: BIS Paper

By Manesh Samtani | 23/09/2019

The paper makes the case for a “embedded supervision”, a regulatory framework that automates compliance monitoring using the information in a distributed ledger.

Market Infrastructure

ISDA Issues Guidance on Executing Trades on Recognised Venues

By Editors | 23/09/2019

The guides describe how cross-border trading will work following the CFTC-MAS, CFTC-FSA and EC-MAS agreements on mutual recognition of derivatives trading venues.