SECURITIES / DERIVATIVES

Capital / Liquidity

FDIC Retains BlackRock Unit to Sell SVB, Signature Bank Securities

By Editors | 05/04/2023

The FDIC retained BlackRock Financial Market Advisory to sell about $114bn in securities. Signature Bank loans still in receivership will be marketed “later this summer”.

Fintech / Regtech

JPX Launches Paid Data Service for Retail Investors

By Editors | 05/04/2023

The paid version of the J-Quants API includes datasets that were “highly requested” by users of the beta service.

Securities / Derivatives

Evergrande Enters Debt Restructuring Agreement With Key Creditors

By Editors | 04/04/2023

Evergrande said the key group of creditors entered into restructuring support agreements. Its debt restructuring plan could take effect later this year.

ESG / Sustainability

Vanguard Under Scrutiny for Lack of Action on Climate

By ESG Investor | 04/04/2023

Ads airing in the US are warning Vanguard customers that the asset manager is helping to fuelling the climate crisis.

Enforcement

SEBI Probing Related Party Transactions at Adani Group

By Editors | 04/04/2023

SEBI is probing three offshore entities which entered into investment transactions with unlisted Adani Group units over the last 13 years.

Securities / Derivatives

Korea Finalises Reforms to Introduce Mandatory English Disclosures

By Editors | 04/04/2023

KOSPI-listed firms with KRW 10 trillion in assets will be required to disclose material information in English from 2024. Firms with KRW 2 trillion in assets must do the same from 2026.

Market Infrastructure

Industry Asks ASIC to Lengthen SOFR OIS Implementation Period

By Sanday Chongo Kabange | 04/04/2023

ISDA and AFMA responded to an ASIC proposal to remove OIS contracts referencing USD LIBOR from derivatives clearing requirements and replace them with those referencing SOFR.

Fintech / Regtech

Adopting Artificial Intelligence in Finance

By Larry Cao | 04/04/2023

CFA Institute’s Larry Cao discusses the opportunities and challenges of adopting AI tech in the investment industry.

Fintech / Regtech

Digital Vote Execution Service to Launch for Tokyo Market

By Editors | 04/04/2023

Issuers, investors and local sub custodians will gain efficiency and greater transparency from the new digitised e-voting service.