Market Infrastructure

    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.

    Market Infrastructure

    Singapore Convention Ushers in New Era for International Mediation

    By Amanda Lees | 23/09/2019

    The Singapore Convention further legitimises mediation as a viable method of cross-border dispute resolution, say Amanda Lees and Eric Chan at Simmons & Simmons.

    Fintech / Regtech

    Tencent, Alibaba Refuse to Share Data to National Credit Database

    By Editors | 20/09/2019

    Tencent Credit and Alibaba’s Sesame Credit hold more customer data than any of their online lending peers, but they are not providing the data to the national credit database.

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