Market Infrastructure

Market Infrastructure

SFC Directs Prime Brokers on Regulatory Obligations

By Manesh Samtani | 11/06/2019

If prime services are carried out in Hong Kong, prime brokers are expected to comply with Hong Kong rules and regulations regardless of where the risk positions are booked.

Market Infrastructure

FSB Examines Effects of Post-Crisis Reforms on SME Financing

By Editors | 11/06/2019

SME lending growth has resumed in recent years, and access to external finance for SMEs appears to have improved, particularly in advanced economies.

Fintech / Regtech

FSB: Decentralisation Could Benefit Financial Stability

By Manesh Samtani | 08/06/2019

While decentralised financial technologies do pose risks, they may increase competition and diversity in the financial system and reduce existing entities’ systemic importance.

Big Picture

IOSCO Publishes Recommendations on Sustainable Finance

By Editors | 08/06/2019

The report identifies the prerequisites for creating an ecosystem that facilitates sustainable finance, and sets out 10 recommendations for growth and emerging markets.

Market Infrastructure

UPDATED – RBI Removes RTGS, NEFT Fund Transfer Fees

By Editors | 07/06/2019

Industry players and banking experts say the move will not only boost digital payments, but also make transactions faster, safer and cost-effective.

Market Infrastructure

China Urges Private Firms to Swap Debt for Equity

By Editors | 07/06/2019

China’s debt-to-equity swaps programme has been dominated by state enterprises. More private companies are now being encouraged to participate to reduce short-term repayment pressures.

Market Infrastructure

MAS Proposes Increased Scope for Accountability, Conduct Guidelines

By Garima Chitkara | 07/06/2019

MAS proposes to apply its 2018 accountability and conduct guidelines to a wider range of financial institutions, including fund managers, trade repositories and benchmark administrators.

Market Infrastructure

FSB Publishes User Guide to Overnight Risk Free Rates

By Editors | 07/06/2019

The user guide provides an overview of RFRs, details on how they are calculated, and options on how they can be used in cash products.

Market Infrastructure

FSB TCFD: Not Enough Companies Disclosing Climate Risk Information

By Editors | 07/06/2019

The Task Force said some of the results of its disclosure review and survey are encouraging, but not enough companies are disclosing decision-useful climate-related financial information.