Market Infrastructure

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.

Market Infrastructure

Hong Kong Set to Implement Group-Wide Supervision for Insurance

By Editors | 06/01/2021

Newly gazetted subsidiary legislation will allow the Insurance Authority to set capital, regulatory reporting and public disclosure requirements for insurance groups.

Market Infrastructure

China Relaxes Restrictions on Cross-Border RMB Business

By Editors | 05/01/2021

Domestic banks can open personal RMB accounts for Hong Kong and Macau residents, which can be used to receive up CNY 80,000 daily from same name accounts.

Market Infrastructure

BOT to Issue THOR Linked Floating Rate Notes in March

By Editors | 05/01/2021

The move is aimed at promoting the use of THOR as a new reference rate in derivatives and cash products, the central bank said.