Market Infrastructure

Market Infrastructure

SEBI Proposes to Ease Stock Exchange Ownership Norms

By Editors | 12/01/2021

Domestic promoters will be allowed to own 100% of a newly set-up stock exchange or depository for up to 10 years. Foreign promoters will be allowed to own up to 49%.

Market Infrastructure

RBI Directs Banks to Enhance Internal Audit Function

By Editors | 12/01/2021

Banks are encouraged to adopt the international standards for internal audit, such as those issued by the BCBS or the Institute of Internal Auditors.

Market Infrastructure

CCPs Should Limit Procyclical Changes to Initial Margin: ISDA

By Editors | 11/01/2021

Procyclical changes to initial margin levels ended up draining liquidity from the market and contributing to market stress during the March/April market turmoil.

Market Infrastructure

UOB Prices Singapore’s First Capital Security with SORA Reference

By Editors | 10/01/2021

UOB priced its perpetual, non-call five-year AT1 securities with a reset coupon rate that references the SORA-OIS rate.

Market Infrastructure

Myanmar Launches First Credit Bureau Following Soft Launch

By Editors | 08/01/2021

The bureau is a joint venture between MB Investment, a company formed by Myanmar banks, and a subsidiary of Singapore-listed Credit Bureau Asia.

Market Infrastructure

ASIFMA, Ashurst Issue Report on APAC Readiness for IBOR Transition

By Manesh Samtani | 07/01/2021

Market participants identified a lack of standardisation, harmonisation and consensus between different jurisdictions and asset classes as a key area of concern.

Fintech / Regtech

AI is Bringing a Generational Change to the RegTech Industry

By Lukas Petrikas | 07/01/2021

Artificial intelligence can bring a generational change to the RegTech industry as it strengthens and enhances regulatory and supervisory capabilities, says HKEX’s Lukas Petrikas.

Market Infrastructure

China Revises Upper Limit on Overseas Lending, Borrowing

By Editors | 07/01/2021

The PBOC and SAFE have adjusted the upper limits on overseas lending and borrowing by domestic enterprises, as the RMB trades at its highest levels since mid 2018.

Capital / Liquidity

China Implements New Bank Performance Evaluation Mechanism

By Editors | 07/01/2021

State-owned banks based on their contributions to the economy, high quality development, risk management, and operational efficiency.