Markets & Infrastructure

    Trading & Investment

    Japanese FIs Still Have $24tr in LIBOR Exposures – Report

    By Editors | 20/05/2021

    The December 2020 figure is down only slightly from the $27.5tr of contracts referencing LIBOR 18 months earlier at the end of June 2019.

    Payments & Settlements

    BSP Tests new RTGS System Ahead of June 2021 Go-Live

    By Editors | 20/05/2021

    The BSP is testing the new peso RTGS system with banks and other participating institutions to determine readiness for go-live in June 2021.

    PEPs & Sanctions

    US Postpones Investment Ban on ‘Chinese Military Companies’

    By Editors | 20/05/2021

    The two-week delay is needed to craft a stronger policy to prohibit trades in companies connected to the Chinese military, including to evaluate the companies on the list.

    Market Abuse

    ASIC Fines Macquarie Securities A$126,000 Over Algorithm Failure

    By Editors | 19/05/2021

    Macquarie Securities was meant to conduct a share buyback for a client via ordinary trading, but the trade went through ASX Centre Point, a dark market.

    Trading & Investment

    JPX Establishes Working Group to Enhance Equity Market

    By Editors | 19/05/2021

    The working group will discuss trading system resilience and functionality, a possible extension of trading hours, and the introduction of holiday trading.

    Trading & Investment

    SEBI Consults on Framework for New Gold Exchange

    By Sanday Chongo Kabange | 18/05/2021

    The proposed gold exchange would facilitate trading in so-called ‘Electronic Gold Receipts’, and help to improve transparency and price discovery.

    Trading & Investment

    CSRC Approves China’s First Tradeable Infrastructure REITs

    By Editors | 18/05/2021

    Five REITs will be traded in Shanghai, while another four will be traded in Shenzhen. The nine projects will raise an estimated CNY 30 billion.

    Trading & Investment

    Japan to Start Holiday Trading in Derivatives in Sep 2022

    By Manesh Samtani | 18/05/2021

    Osaka Exchange and Tokyo Commodity Exchange will begin holiday trading in index and commodity futures and options in September 2022.

    Trading & Investment

    Macau: AMCM to Advance Training Initiatives for Financial Sector

    By Sanday Chongo Kabange | 18/05/2021

    The training initiatives will help develop the local financial sector and help Macau prepare for the Wealth Management Connect scheme.

    Liquidity Risk

    Myanmar Banks Face Cash Crisis as CBM Withholds Reserves

    By Sanday Chongo Kabange | 18/05/2021

    CBM is not returning some of the reserves it holds for private banks leaving them with no cash to replenish own vaults with cash for their customers.

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