Markets & Infrastructure

Trading & Investment

RBI Expands Scope of Currency Derivatives Reporting Regime

By Editors | 07/01/2020

To date, the reporting framework only required banks to report currency derivatives transactions worth over $1mn. All transactions below this threshold now have to be reported.

Credit Risk

PBOC Clarifies Handling of Defaulted Interbank Bonds on Maturity

By Editors | 07/01/2020

The clarification is aimed at improving the disposal mechanism for interbank bonds that have defaulted on maturity or have matured early due to legal reasons such as bankruptcy.

Structural Regulation

RBI Names Six ‘Significant’ Financial Benchmarks

By Editors | 06/01/2020

Financial Benchmarks India Pvt Ltd has three months to make an application to the RBI for authorisation to continue administering the benchmarks.

Structural Regulation

Philippines Approves Introductory Rules for Islamic Banking

By Editors | 06/01/2020

The BSP has released guidelines for the establishment of Islamic banks and Islamic banking units in the Philippines, along with a newly-approved Shari’ah governance framework.

Clearing & Post-Trade

SZSE, CSDC Issue Implementing Rules for ‘Full Circulation’ of H-Shares

By Editors | 06/01/2020

Full circulation will allow shareholders of mainland companies to convert non-tradeable, domestically-held shares into H-shares for trading in Hong Kong.

Market Data & Technology

Shanghai Bourse Launches New Market Surveillance System

By Editors | 06/01/2020

The new monitoring system will enhance the effectiveness of front-line supervision, ensure fair transactions, and promote the stable and healthy development of the capital market, the SSE says.

Trading & Investment

Philippine SEC Approves Implementing Guidelines on Short Selling

By Editors | 06/01/2020

The new implementing guidelines address concerns over the effect of SBL and short selling transactions on trading participants’ books and records, error transactions, and capital adequacy.

Trading & Investment

Shanghai-London Connect Suspended Amid Political Tensions – Reports

By Editors | 05/01/2020

A CSRC spokesperson has denied the suspension after multiple media reports emerged that SSE companies have been temporarily blocked from listing depositary receipts on the LSE.

Structural Regulation

UPDATED – Known Applicants for Singapore Digital Bank Licences

By Manesh Samtani | 05/01/2020

Grab, Singtel, Razer, Ant Financial, V3 Group, EZ-Link, iFast Corporation, ByteDance, AMTD, Xiaomi, PhillipCapital, Temasek, Enigma Group and Singapura Finance are among applicants.