Market Infrastructure

ESG / Sustainability

FIs Should Consider Climate in Risk Management Frameworks – APRA

By Editors | 25/03/2019

Australia’s banking regulator will enhance its scrutiny on how banks, insurers and super funds are mitigating climate-related risks to their businesses.

Securities / Derivatives

JPX-TOCOM Merger Agreement Expected by End-March

By Editors | 22/03/2019

JPX and TOCOM plan to merge this year to create an all-in-one bourse that handles both stocks and commodity futures, but challenges will remain even after a final agreement is reached.

Enforcement

S. Korea FSS’ Integrity Questioned in Local Report

By Editors | 22/03/2019

As discussions progress on granting the FSS greater investigative powers, a local media report raised questions on the regulator’s integrity, citing its 2018 requests that fines against its staff be dismissed.

Securities / Derivatives

ISDA Publishes Full Version of Derivatives Lifecycle Blueprint

By Editors | 22/03/2019

The ISDA Common Domain Model for interest rate and credit derivatives has been published, part of a push to standardise global derivatives trading and automate market practices.

Fintech / Regtech

GFMA, PwC Identify Technology Challenges for Investment Banks

By Manesh Samtani | 22/03/2019

A new report from the GFMA and PwC says third-party providers could pose a challenge to banks’ core offerings if banks are not keeping pace with innovation.

Market Infrastructure

SEBI Consults on Adoption of Dual Class Share Structures

By Editors | 22/03/2019

SEBI’s consultation paper seeks feedback on the issuance of dual class shares by companies already listed in India and those that may be in future.

Market Infrastructure

RBA’s Kent Urges Continued Preparation for the End of LIBOR

By Editors | 21/03/2019

The RBA’s Christopher Kent urges market participants to continue preparing for the end of LIBOR by moving to alternative RFRs and adopting more robust fall-back provisions in contracts.

Market Infrastructure

BOCHK Launches Pilot Service for Mainland Account Opening

By Editors | 20/03/2019

BOCHK has been granted regulatory approval to launch a pilot scheme that enables Hong Kong citizens to open a personal bank account in the mainland, remotely.

Market Infrastructure

FMSB Reports Progress in Enhancing Market Conduct Standards

By Editors | 20/03/2019

The FICC Markets Standards Board, in its 2018 annual report, highlighted key achievements to enhance standards of behaviour in wholesale FICC markets.