Markets & Infrastructure

Trading & Investment

CSE Launches New OTC Platform for Corporate Debt Repo

By Duruthu E Chandrasekera | 20/09/2021

The new platform will enhance the repo trading mechanism and facilitate a buildup of liquidity in Sri Lanka’s corporate debt market.

Structural Regulation

CSRC Drafts Disclosure Rules for SMEs on New Beijing Exchange

By Editors | 20/09/2021

The proposed rules sets requirements on disclosure content and format to ensure the effectiveness and readability of information disclosures SMEs on the BSE.

Structural Regulation

BSP Instructs Banks to Proactively Transition from LIBOR

By Editors | 20/09/2021

The BSP is not looking to prescribe specific alternative reference rates for use by Philippine banks, saying these choices should be market-driven.

Conduct, Culture & Accountability

US Fed to Review Ethics Rules Following Disclosures by Officials

By Editors | 19/09/2021

Financial disclosures filed by senior Fed officials showed multiple stock trades in 2020 worth millions of dollars, raising concerns over conflicts of interest.

Trading & Investment

HKMA Names Market Makers for Southbound Bond Connect

By Editors | 18/09/2021

The designated market makers were selected based on several criteria, including their Hong Kong bond market activities and their counterparty networks with Mainland FIs.

Trading & Investment

RFR Adoption Reaches New Heights in Key LIBOR Markets

By Manesh Samtani | 18/09/2021

RFR adoption jumped in August in Japan and Switzerland. The US and UK are seeing steady progress. ISDA chief Scott O’Malia says there is no room for complacency.

Payments & Settlements

BSP Directs Payment Systems to Adopt PFMI Standards

By Editors | 18/09/2021

Designated payment systems are expected to demonstrate adequate governance and risk management arrangements in line with the PFMI.

Trading & Investment

Sri Lanka: CSE to Allow Fundraising in Foreign Currencies

By Duruthu E Chandrasekera | 18/09/2021

Sri Lankan companies will be allowed to raise debt and equity in foreign currency on the Colombo Stock Exchange. A new benchmark index is also being launched.

Payments & Settlements

ACCC Launches Formal Investigation into Apple Pay

By Editors | 17/09/2021

Cards held in a third-party wallet such as a bank app can pay in-store only if they are routed through Apple Pay for a cost.