Market Infrastructure

Market Infrastructure

HKEX Launches VaR Platform for Clearing Participants

By Editors | 13/06/2022

The new platform introduces margin requirements based on individual stock volatility, instead of a flat margin rate across all securities.

Securities / Derivatives

Canadian Regulators Propose Revised Derivatives Reporting Rules

By Manesh Samtani | 13/06/2022

The CSA says the proposed rules will enable market participants to harmonise their reporting systems across multiple global regulators.

ESG / Sustainability

UK, Japan Formalise Arrangements on Regulatory Cooperation

By Editors | 13/06/2022

UK and Japan participants agreed to establish an innovation working group to provide a space for collaboration on payments, cryptoassets and financial innovation.

Market Infrastructure

Malaysia SC to Review Rules for Credit Rating Agencies

By Editors | 13/06/2022

The SC plans to make it a requirement for the majority of board members and the rating committee to be independent.

Market Infrastructure

FSB, IMF Conclude Second G20 Data Gaps Initiative

By Editors | 09/06/2022

A third data gaps initiative has been proposed, to address data gaps relating to climate change, fintech and financial inclusion, among other things.

Market Infrastructure

Guangzhou Activates Plans to Become GBA Wealth Hub

By Darien Choong | 09/06/2022

Guangzhou’s financial regulator will seek to attract talent and capital to the city and promote it as a wealth and asset management centre.

Market Infrastructure

Japan FSA Calls on Market to Complete LIBOR Transition Efforts

By Manesh Samtani | 09/06/2022

Only a small number of JPY LIBOR contracts remain that still need to complete the transition, but USD LIBOR rates are “still widely used” by Japanese FIs and corporates.

Market Infrastructure

HKEX Issues Final Guidance Ahead of VaR Platform Launch

By Editors | 09/06/2022

The information package will help clearing participants make final preparations for the launch of the new new risk engine on 13 June.

Market Infrastructure

MAS Finalises Revisions to BCM Guidelines for FIs

By Manesh Samtani | 07/06/2022

FIs have until 6 June 2023 to meet the requirements of the revised guidelines, and until 6 June 2024 to conduct their first BCM audit.