Markets & Infrastructure

Trading & Investment

ISDA Publishes First Digital Definitional Book for Interest Rate Derivatives

By Editors | 16/07/2021

The digital format will create efficiencies in how firms use and interact with the definitions, reducing complexity and the potential for error, ISDA says.

Conduct, Culture & Accountability

Bangladesh Probes Loss-making State Banks Over Large Bonuses

By Sanday Chongo Kabange | 16/07/2021

Under existing rules, employees should not receive incentive bonuses from state-owned commercial banks if they fail to make a profit.

Structural Regulation

FSC Korea to Delay Implementation of New Audit Requirement

By Sanday Chongo Kabange | 16/07/2021

The FSC will postpone for one year the requirement for stock companies’ consolidated internal accounting control systems to undergo an external audit.

Credit Risk

Chinese Regulators Penalise Dagong Global Credit Rating

By Sanday Chongo Kabange | 16/07/2021

Dagong failed to adequately scrutinise or inspect the businesses it was evaluating, and adjusted its ratings models without giving sufficient reason.

Trading & Investment

Bursa Allows Investors to Subscribe for Rights Issues Electronically

By Editors | 16/07/2021

A new eRights service has been introduced on the Bursa Anywhere mobile app, allowing investors to apply and make payment for rights issues electronically.

Conduct, Culture & Accountability

MAS to Refine Financial Advisory Remuneration Rules

By Manesh Samtani | 15/07/2021

MAS proposes to refine the tier structure requirements and clarify the types of remuneration that can be paid as overriding benefits.

Trading & Investment

Sri Lanka to Launch New OTC Platform for Repo Trading

By Sanday Chongo Kabange | 15/07/2021

Firms seeking to carry out repo transactions on debt securities are invited to apply for trading membership.

Data Privacy

RBI Imposes Restrictions on Mastercard Over Data Storage

By Editors | 15/07/2021

The action may hamper the ability of private banks to issue new cards to customers in the near term due to their exclusive tie-ups with Mastercard.

Trading & Investment

RBI Issues Guidelines on Retail Access to Government Securities

By Editors | 14/07/2021

Retail investors will be able to open an account directly with the central bank to gain access to primary issuance and secondary trading in government securities.