Market Infrastructure

Replacing CHESS with more modern technology is critical to ASX's ongoing management of systemic risk, said RBA assistant governor Michele Bullock.

The TSE apologised for inconvenience caused to investors and said it is replacing the faulty hardware. Trading is expected to resume Friday.

Interdealer brokers should base quotes in the sterling swaps market on SONIA rather than LIBOR from 27 October, the FCA and BOE say.

The SORA-pegged club loan coupled with a cross-currency swap, which provides added certainty on interest rates and swap SGD proceeds into USD.

Wirecard has informed MAS that it is unable to continue providing payment processing services to a significant number of merchants.

APRA proposes that ADI data related to capital adequacy, liquidity, asset quality, financial statements, and financial performance be determined non-confidential.

Banks and financial infrastructure are emerging as an expanding front in geopolitics, writes RUSI’s Tom Keatinge.

But challenges remain, including limited liquidity in ARR markets, uncertainties on term rates and credit spread adjustments, and operational issues.

Customers can enjoy the convenience of making higher value transfers without adding the recipient as a payee, ABS said in a statement.

How has the regtech industry has weathered the Covid-19 storm and provided support to global initiatives designed to keep our economies moving?