Market Infrastructure

Securities / Derivatives

HKEX Launches Compression Service for OTC Derivatives

By Editors | 08/08/2022

OTC Clear’s multilateral compression service was introduced on Monday in cooperation with TriOptima.

Fintech / Regtech

MAS Sets Out Expectations on Third Party Risk Management 

By Editors | 08/08/2022

MAS conducted thematic inspections on the operational risk management standards and practices of selected banks, with a focus on third party risk management.

Big Picture

Activity-based & Entity-based Regulation Reinforce Each Other’s Effectiveness

By Editors | 05/08/2022

A new paper from the Financial Stability Institute says neither entity-based nor activity-based regulation is in and of itself the optimal choice.

Market Infrastructure

ASX: Launch of New CHESS Platform Delayed Until Late 2024

By Editors | 04/08/2022

Accenture to provide an independent review of the new CHESS application and help ASX determine a new launch schedule.

Market Infrastructure

China’s Security Assessment for Cross Border Data Transfers

By Jingyuan Shi | 03/08/2022

Jingyuan Shi and Yuchen Lai discuss how security assessments should be completed under China’s latest rules on cross-border data transfers.

Market Infrastructure

Guidance Issued for US Transition to T+1 Securities Settlement

By Editors | 02/08/2022

DTCC, SIFMA  and ICI have published guidance to help market participants prepare for the US transition to a T+1 securities settlement cycle in 2024.

Big Picture

CPMI Explores Options, New Solutions to Increase PvP Adoption

By Editors | 02/08/2022

CPMI received “numerous promising proposals” for new solutions that may be capable of processing FX transactions that currently settle on a non-PvP basis.

Capital / Liquidity

China New Futures and Derivatives Law Takes Effect

By Manesh Samtani | 02/08/2022

On the same day, ISDA published a netting opinion providing legal certainty that close-out netting is enforceable in China.

Market Infrastructure

End of an Era for LIBOR Opens the Way for AONIA to Make its Mark in Australia

By Pieter Bierkens | 01/08/2022

Australia may see a shift away from BBSW to AONIA for products like cross-currency swaps and multi-currency lending facilities, says CBA’s Pieter Bierkens.