Markets & Infrastructure

Structural Regulation

Thailand to Stop Issuing THBFIX Loans, Debt from July 2021

By Editors | 17/11/2020

All financial institutions will stop offering new loans and debt securities which reference THBFIX from 1 July 2021, Bank of Thailand says.

Market Data & Technology

ASIC Flags Concerns Over Further Infrastructure Issues at ASX

By Editors | 17/11/2020

Following a near-full day market closure, data issues prevented ASX from displaying Chi-X bids and offers on its Centre Point matching system.

Emerging Prudential Risks

FSB to Address NBFI Vulnerabilities as Key Priority in Year Ahead

By Manesh Samtani | 17/11/2020

In a letter to the G20, the FSB outlines its key priorities for the year ahead, including work to address vulnerabilities in money market funds, open-ended funds, and bond markets.

Trading & Investment

BSE India Launches New Investment Platform for Fund Managers

By Sanday Chongo Kabange | 17/11/2020

Asset managers can transact for all their schemes through the new platform rather than switch between multiple platforms as is current practice.

Conduct, Culture & Accountability

Practical Tips for Compliance with Singapore’s IAC Guidelines

By Shuhui Kwok | 17/11/2020

Shuhui Kwok at Allen & Overy provides practical tips for FIs to consider when assessing the IAC Guidelines, their application and implementation.

Conduct, Culture & Accountability

‘Buy Now Pay Later’ Consumers Suffering Harm: ASIC

By Editors | 16/11/2020

About 20% of consumers cut back on or went without essentials such as meals in the last 12 months in order to make their buy now pay later payments.

Structural Regulation

SFC Plans to Issue Code of Conduct for Investment Banks – Report

By Editors | 16/11/2020

The SFC is reportedly seeking to frame a detailed code of conduct for capital raisings that will cover how investment banks calculate their fees.

Resolution & Recovery

FSB Finalises Guidance on Assessing CCP Financial Resources

By Editors | 16/11/2020

The guidance will support jurisdictions and authorities in determining whether there is a gap in the resources and tools available for CCP resolution.

Clearing & Post-Trade

HKEX Proposes Revamp of Hong Kong IPO Settlement Process

By Manesh Samtani | 16/11/2020

Subject to market support and readiness, HKEX intends to launch a new platform called FINI in 2022 that will cut the IPO settlement process from T+5 to T+1.