Market Infrastructure

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.

Securities / Derivatives

HKEX Proposes Changes to Pre-Open Session, Volatility Controls

By Editors | 19/08/2019

The proposals aim to improve market liquidity and global competitiveness of the Hong Kong market, HKEX says in a new consultation paper.

Market Infrastructure

Malaysia Liberalises FX Hedging Framework

By Editors | 19/08/2019

The policy move is aimed at providing greater flexibility and efficiency in foreign exchange risk management and business operations.

Market Infrastructure

FMA Consults on Exemptions for New Financial Advice Regime

By Editors | 19/08/2019

The FMA considers that it may be useful to continue existing exemption relief for Australian licensees and advisers already meeting ASIC requirements.

ESG / Sustainability

Thailand Banks Commit to Lending Based on ESG Factors

By Manesh Samtani | 16/08/2019

The BOT, Thai Bankers’ Association and 15 banks have taken steps to establish common policies to ensure socially-conscious loan approvals based on ESG factors.