Market Infrastructure

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.

Market Infrastructure

BSP Eyes Oversight Extension to Cover Banking Conglomerates

By Editors | 07/03/2019

The BSP gained sweeping new powers last month, but it did not gain the oversight authority over conglomerates that own or control Philippine banks.

Fintech / Regtech

Moody’s Explores Credit Implications of Cyber Risk

By Manesh Samtani | 06/03/2019

Banks are at high risk because they hold the data and funds of private clients, and provide access to their services through multiple online and digital channels, says Moody’s Investors Service.

Market Infrastructure

HKMA Asks Hong Kong Banks to Prepare for Benchmark Reform

By Editors | 06/03/2019

The HKMA says the transition to alternative reference rates will have significant implications for authorised institutions’ businesses, risk management and operational processes.