Markets & Infrastructure

Emerging Prudential Risks

BSP Issues Guidance on Reporting of LIBOR Exposures

By Manesh Samtani | 05/03/2021

Banks are required to report on all derivatives, as well as assets and liabilities that are interest-bearing, even where there is no LIBOR or PHIREF exposure.

Market Data & Technology

IBA Publishes Beta Version of ICE SONIA Indexes

By Editors | 05/03/2021

The ICE SONIA Indexes can be used to help calculate and process interest accruals from both a lender’s and borrower’s perspective.

Structural Regulation

Tokyo Exchange Obtains ESMA Recognition Under BMR

By Editors | 04/03/2021

A total of 192 benchmarks administered by the TSE are listed as in scope, including key benchmarks TOPIX and JPX-Nikkei Index 400, as well as their sub-indices.

Fraud, Scams & Cybercrime

Bursa Punishes RHB Representative for Unauthorised Trading

By Editors | 04/03/2021

The former representative committed the breaches for personal financial gain and attempted to conceal his misconduct from RHB Investment Bank’s management.

Cybersecurity

Taiwan FSC Penalises Brokers for Lax Security Controls

By Editors | 04/03/2021

Cathay Securities, Concord Securities and SinoPac Securities were fined the most and barred from certain business and capital raising activities for three months.

Trading & Investment

NSE, INX, MCX to Jointly Set Up New GIFT City Bullion Exchange

By Editors | 04/03/2021

NSE, India INX, MCX, NSDL and CDSL have agreed to set up a bullion exchange, clearing corporation and depository at GIFT City.

Structural Regulation

Investment Treaties and Their Role in Protecting Chinese Investors

By Jern-Fei Ng | 04/03/2021

China’s investment treaty network can provide investors a safeguard against significant adverse political and regulatory interferences with their foreign investments.

Trading & Investment

BSEC Prepares Draft Rules for Stock Stabilisation Fund

By Ranamita Chakraborty | 04/03/2021

The fund will be set up using unclaimed cash and stock dividends and be used to help stabilise the capital market.

Structural Regulation

SEBI Consults on Creation of Accredited Investor Class

By Ranamita Chakraborty | 04/03/2021

SEBI says the new investor classification can help it to focus its regulatory resources on investors that need more protection and facilitate innovation in the securities market.