Market Infrastructure

Market Infrastructure

Euroclear to Enable Direct Access to SGX Bonds for Global Investors

By Manesh Samtani | 18/02/2021

The new ‘Orchid’ bond structure will allow global investors to benefit from real-time, multi-currency DVP settlement with any counterparty within Euroclear’s network.

ESG / Sustainability

Trade Bodies Set Out Framework for US Transition to Low-Carbon

By Editors | 18/02/2021

The framework sets out ten principles to inform the policymaking process and catalyse the transition to a more sustainable and inclusive low-carbon economy.

Market Infrastructure

ASX Proposes Changes to Netting, Settlement Workflows

By Editors | 18/02/2021

The proposed changes will allow the CHESS replacement system to be scaled to much higher volume levels than previously envisaged, ASX said.

Big Picture

Singapore Rated Asia’s Top Regulatory System, Followed by Hong Kong

By Editors | 18/02/2021

Duff & Phelps survey respondents rated the UK as the world’s top regulatory regime, followed by Singapore and the US, which tied for second place.

AML / KYC

Ant Group Undeclared Beneficial Owners Caused IPO Suspension

By Editors | 18/02/2021

The Wall Street Journal says Ant Group’s IPO was suspended last year due to its complex ownership structure and an unease over the likely beneficiaries of the listing.

Market Infrastructure

UK Consults on Legal Safe Harbour to Manage LIBOR Wind-down

By Editors | 18/02/2021

The consultation seeks views on whether a legal safe harbour could be a helpful supplement to the provisions inserted into the BMR by the Financial Services Bill.

Market Infrastructure

RBI Formally Permits India Residents to Invest in GIFT City

By Ranamita Chakraborty | 17/02/2021

Separately, a new framework has been issued allowing professional services firms including consultancies, fund administrators and trustees to set up in GIFT City.

Big Picture

Australia Super Industry Calls for Better Cybersecurity Standards

By Ranamita Chakraborty | 16/02/2021

The industry is overwhelmingly in favour of introducing baseline cybersecurity standards and improving the regulatory framework to address industry-specific risks.

Market Infrastructure

IFRS Foundation Calls for Research Into IFRS 9, IFRS 15 Disclosures

By Editors | 16/02/2021

The aim of the research is to provide evidence about the quality of disclosure provided by entities applying IFRS 9 and IFRS 15.