SECURITIES / DERIVATIVES

Enforcement

APRA Imposes Licence Conditions on Insignia Group Trustees

By Editors | 04/11/2022

The additional licence conditions require four Insignia trustees to improve their governance and risk management practices, processes and frameworks.

Capital / Liquidity

SGX RegCo Refines CDP Margining Framework & Clearing Fund

By Sanday Chongo Kabange | 04/11/2022

Margin rates will be differentiated based on different risk profiles of securities. Margin offsets will be introduced to account for diversification effects. Anti-procyclicality measures will be enhanced.

Securities / Derivatives

Bangladesh, UAE Regulators to Collaborate on Capital Markets

By Editors | 03/11/2022

BSEC has signed MoUs with both the UAE’s Securities And Commodities Authority and the DFSA to improve investor protection and capital markets.

Capital / Liquidity

BIS Report Offers Guidance on Managing FX and Capital Flow Volatility

By Editors | 03/11/2022

Financial authorities should advance their FX market monitoring approaches, further develop onshore hedging markets, and introduce temporary capital flow management measures.

Fintech / Regtech

BNP Paribas Completes Successful DRR Test for CFTC Rewrite

By Editors | 03/11/2022

BNP Paribas is ready to implement Digital Regulatory Reporting for the CFTC’s new swap data reporting rules coming into effect on 5 December.

ESG / Sustainability

Bursa Malaysia, LSEG Expand Collaboration on ESG Initiatives

By Editors | 03/11/2022

FTSE Russell will provide ESG scores for all companies listed on Bursa Malaysia’s Main and ACE Markets, compared to 30 percent currently.

Crypto / Digital Assets

First Project Guardian Pilot Completed Using DeFi Protocols

By Editors | 03/11/2022

DBS, JP Morgan and SBI Digital Asset completed the pilot. Two other pilots are being launched by StanChart, HSBC, UOB and Marketnode.

Market Infrastructure

CFTC Extends Swap Reporting Relief for Non-US Dealers

By Editors | 02/11/2022

The no-action relief, initially granted in December 2013, was due to expire by 1 December 2022, but has been extended to 1 December 2025.

ESG / Sustainability

MAS, PBOC to Jointly Establish Green Finance Taskforce

By Editors | 02/11/2022

A number of Singapore-China initiatives were announced this week, including plans by SGX, SSE and SZSE to launch a Low Carbon Index Family by year-end.