Market Infrastructure

Market Infrastructure

IOSCO Declares Certain Credit Sensitive Rates Non-Compliant

By Manesh Samtani | 04/07/2023

IOSCO’s statement comes after the final five settings of USD LIBOR were published for the last time on Friday, marking the end of a more than 50 year old benchmark.

Market Infrastructure

New SGX, NSE IX Platform to Add Nifty Liquidity

By Jill Wong | 04/07/2023

SGX says the new NSE IX-SGX GIFT Connect will help deepen the liquidity pool for Nifty products.

Market Infrastructure

SEBI Issues Rules Requiring CRAs to Name Uncooperative Issuers

By Sanday Chongo Kabange | 03/07/2023

SEBI has issued new rules to address the growing number of issuers refusing to provide information to CRAs to properly assess their credit risk.

Market Infrastructure

Thailand Launches Fully Digitalised Platform for Corporate Bond Issuance

By Sanday Chongo Kabange | 02/07/2023

The DIF Web Portal is an end-to-end system covering the process of issuance, filing, subscription, payment and delivery for corporate bonds.

Market Infrastructure

Singapore Finalises Approach for Transitioning SIBOR Loans to SORA

By Manesh Samtani | 30/06/2023

Recommendations finalised for how adjustment spreads should be set for converting SIBOR loans to a SORA reference rate.

Enforcement

UK: Financial Services and Markets Act Receives Royal Assent

By Editors | 29/06/2023

The Act sets a path to reform Solvency II, gives the FCA regulatory powers over crypto, and provides stronger protections for victims of APP fraud.

Market Infrastructure

Refinitiv Consults on Features of Term €STR Rate

By Editors | 29/06/2023

Following the consultation and pending necessary approvals, Refinitiv intends to transition the prototype rate into a regulated production rate.

ESG / Sustainability

MAS Issues Consultation to Include Coal Phaseout in Taxonomy

By Editors | 28/06/2023

MAS decided to issue a fourth consultation to include criteria for coal phaseout projects in the Singapore-Asia Taxonomy.

Securities / Derivatives

SFC to Further Enhance Market Connectivity With Mainland

By Manesh Samtani | 28/06/2023

SFC chief Julia Leung said at an ASIFMA event that new Mainland-based derivatives contracts will be launched in Hong Kong.