MARKET INFRASTRUCTURE

Market Infrastructure

ASX Proposes New Requirements for Clearing, Settlement Participants

By Manesh Samtani | 12/03/2019

ASX is consulting on new disaster recovery, business continuity and cyber resilience requirements for clearing and settlement participants.

Market Infrastructure

Banks Increasingly Focused on Conduct Risk – FSB

By Editors | 12/03/2019

At an FSB workshop on compensation practices, banks reported an increased focus on conduct risk, management accountability and culture reform.

Capital / Liquidity

US Fed Considers Stricter Rules for Foreign Bank Branches

By Editors | 11/03/2019

Foreign banks say added requirements are unnecessary, as their US branches are limited in their activities, rarely hold federally insured deposits, and are subject to home country rules.

Securities / Derivatives

Shanghai Exchange Signals Possible End-May Launch for New Tech Board

By Editors | 08/03/2019

The SSE gave its first indication of a launch date for the new science and technology board in a WeChat post, saying the trading system will be ready at the end of May.

Market Infrastructure

MAS Enhances Guidelines on Technology Risk, Business Continuity

By Editors | 08/03/2019

Both guidelines under consultation continue to emphasise the importance of risk culture, and the roles of the board and senior managers in technology risk and business continuity management.

Market Infrastructure

Japan FSA Official Lays Out G20 Financial Sector Agenda

By Editors | 07/03/2019

Under Japan’s Presidency this year, the G20 financial sector agenda will centre on addressing market fragmentation, technological innovation and the problems of aging societies.

Market Infrastructure

LIBOR Transition Requires Efforts now, Despite BMR Grace Period

By Matthieu Sachot | 07/03/2019

Regardless of the BMR compliance extension, it is important that LIBOR transition programmes continue to progress quickly, says Matthieu Sachot at Chappuis Halder & Co.

Market Infrastructure

Japan Mulls Measures to Enable Consolidation of Ailing Banks

By Editors | 07/03/2019

Japan’s government plans to introduce legislation that will provide exemptions from its anti-monopoly law to allow regional banks to consolidate more easily.

Market Infrastructure

BCBS, IOSCO Guidance Offers Some Relief on Margin Requirements

By Manesh Samtani | 07/03/2019

Institutions should start work immediately to ensure readiness for the Phase 5 implementation of margin reform in September 2020, says KPMG’s Tom Jenkins.