Securities / Derivatives

Securities / Derivatives

Independent Report Finds Risk Control Failures at Credit Suisse

By Sanday Chongo Kabange | 30/07/2021

The report indicates that the risks were known, but responsible parties in the first and second lines simply failed to act.

Market Infrastructure

ASX to Replace Standard Definitions for Interest Rate Swaps

By Editors | 29/07/2021

From 4 October, all OTC interest rate derivatives contracts will be treated as if they incorporated the new 2021 ISDA Definitions.

Securities / Derivatives

China Will Still Allow IPOs in the US, CSRC Tells Brokers

By Sanday Chongo Kabange | 29/07/2021

Regulators will continue to allow VIE structures, recognising that they serve as a vital way for companies to attract foreign capital.

Securities / Derivatives

CSRC Approves China Telecom Shanghai IPO Following US Ban

By Sanday Chongo Kabange | 28/07/2021

China’s flow of IPOs to the US is expected to ease, with companies instead choosing to list in Shanghai, Shenzhen, or Hong Kong.

Big Picture

FRTB May Constrain Growth of Carbon Trading Market

By Manesh Samtani | 28/07/2021

ISDA suggests in a new paper that the risk weight for carbon certificates under FRTB should be reduced and the tenor correlation parameter should be increased.

Capital / Liquidity

Thailand SEC Issues New Rules on Fund Liquidity Management

By Editors | 28/07/2021

Asset managers have until 1 January 2022 to have a board-approved policy in place and ensure the availability of sufficient liquidity management tools.

Securities / Derivatives

UK FCA Finalises Rule Changes for SPAC Listings

By Manesh Samtani | 28/07/2021

The FCA will remove the presumption of suspension at the point when an acquisition target is identified, for SPACs that meet certain criteria.

Securities / Derivatives

Sumitomo Mitsui Seeks Approval to Launch China Brokerage

By Editors | 28/07/2021

Sumitomo Mitsui Financial Group and SMBC Nikko Securities filed a joint application with the CSRC on Tuesday.

Crypto / Digital Assets

Singapore’s CTX to Debut Cross-border Trading of China Carbon Credits

By Sanday Chongo Kabange | 27/07/2021

Cyberdyne Tech Exchange said its carbon neutrality tokens, or CNTs, would pave the way for carbon credits to be transferred across international borders.