Securities / Derivatives

Securities / Derivatives

Hedge Fund Collapse Sparks Billions in Losses for Banks

By Manesh Samtani | 30/03/2021

The SEC, FSA, and FINMA are monitoring the situation, after the collapse of Archegos Capital Management left Nomura and Credit Suisse with billions in losses.

Securities / Derivatives

HK to Consult on SPAC Listing Framework in June – Report

By Editors | 29/03/2021

The rules are expected to include conditions for sponsors or SPACs. Acquisition targets will have to meet the existing standards for IPOs.

Securities / Derivatives

SEBI Relaxes Valuation Rules For AT1 Bonds

By Ranamita Chakraborty | 29/03/2021

Under revised regulations, the deemed residual maturity of perpetual or AT1 bonds would remain 10 years until 31 March 2022.

Securities / Derivatives

US Securities Regulator Opens Inquiry into SPAC Listings

By Sanday Chongo Kabange | 29/03/2021

The SEC has reportedly written to banks seeking information on how underwriters are managing the risks involved.

Market Infrastructure

Cboe Global Markets to Acquire Chi-X Asia Pacific

By Sanday Chongo Kabange | 28/03/2021

The acquisition will provide Cboe with a single point of entry into Australia and Japan and bring block trading capabilities to the APAC region.

Market Infrastructure

BOT Issues First Floating Rate Bonds Based on THOR

By Editors | 25/03/2021

Investor interest was stronger than expected, with subscriptions amounting to more than four times the proposed issue size.

Securities / Derivatives

APRA Completes Superannuation Data Transformation Phase One

By Editors | 25/03/2021

Most of the new data will be submitted from September 2021, however trustees will be allowed to defer submission of some less critical data for one year.

Securities / Derivatives

IOSCO Highlights Need for Reliable Going Concern Disclosures

By Ranamita Chakraborty | 25/03/2021

Securities regulators will continue to enforce requirements to recognise, measure and disclose uncertainties about an entity’s ability to continue as a going concern.

ESG / Sustainability

ICMA Calls for ESG Metrics, Standards for Securitised Assets

By Editors | 25/03/2021

Unless ABS investors have better access to standardised and relevant data, they will be unable to appraise ESG risks and satisfy sustainability objectives.