Markets & Infrastructure

Trading & Investment

ISDA to Launch IBOR Fallbacks Supplement, Protocol on 23 Oct

By Editors | 11/10/2020

Widespread adoption is a tangible step financial and non-financial firms can take to avoid disruptions in derivatives markets and mitigate risks at a system-wide level, the FSB says.

Trading & Investment

SC Malaysia to Allow Financial Planners to Advise on Stocks, Bonds

By Editors | 11/10/2020

The new policy will encourage informed participation in stocks and bonds, while also protecting investors against bad investment choices.

Conduct, Culture & Accountability

Australia Federal Budget Delivers Super Fund Accountability

By Editors | 09/10/2020

Super funds will be forced to enhance disclosures on fees and performance. Consistently underperforming super funds will be prohibited from receiving new members.

Capital Adequacy

BSP Revises Minimum Capital Requirement for Digital Banks

By Manesh Samtani | 08/10/2020

The BSP will no longer consider a distinction between a basic and advance digital bank, according to a revised circular issued for industry review and feedback.

Cryptocurrency

UK FCA Bans Retail Sale Of Crypto Asset Derivatives

By Sanday Chongo Kabange | 08/10/2020

The ban covers contracts for difference, options, futures and exchange-traded notes referencing crypto assets, and will come into effect on 6 January 2021.

Clearing & Post-Trade

China’s DCE, ZCE Assessed as Post-trade Transparency Positive

By Editors | 08/10/2020

The positive assessments relieve EU investment firms from the obligation to make DCE and ZCE transactions post-trade transparent via an APA.

Clearing & Post-Trade

ASX Proposes Auctions Mechanism to Handle Futures Participant Defaults

By Editors | 08/10/2020

ASX proposes rule amendments to allow it to auction off exchange-traded derivatives positions in the event that a futures clearing participant defaults.

Trading & Investment

Tradition Executes First HONIA-SOFR Cross Currency Basis Swap

By Manesh Samtani | 08/10/2020

The trade provides a foundation for the structure of cross-currency swaps that use SOFR and the local ARR, in this case HONIA.

Trading & Investment

China Accelerates Development of Infrastructure REITs Market

By Editors | 08/10/2020

REITs markets will play an important role in enhancing Shanghai’s status as an international financial centre, helping to attract overseas capital while promoting RMB internationalisation.