Markets & Infrastructure

Trading & Investment

China Relaxes ‘One Size Fits All’ Margin Financing Rules

By Editors | 12/08/2019

Brokerage firms can set lower thresholds before margin calls need to be initiated, and can accept additional forms of collateral to make up any shortfalls.

Trading & Investment

ISDA Consultation on LIBOR Pre-Cessation Reveals Mixed Results

By Editors | 12/08/2019

ISDA received responses from 89 entities expressing a “wide variety of views” on whether and how to implement a pre-cessation trigger, with no clear majority for any approach.

Trading & Investment

RBI Task Force Suggests Enhancements to Onshore Rupee Market

By Editors | 10/08/2019

The task force recommends implementation of margin requirements for non-centrally cleared OTC derivatives “at the earliest”.

Fraud, Scams & Cybercrime

Australia Records Decline in Payment Fraud Rates

By Editors | 09/08/2019

AusPayNet’s latest data shows a decline in the overall rate of card fraud for 2018, alongside slower growth in online fraud.

Credit Risk

RBI Cuts Consumer Credit Risk Weight, Offers Boost to NBFCs

By Editors | 09/08/2019

The RBI will increase bank exposure limits for NBFCs, allow on-lending to priority sectors, and enable near-real-time tracking of payments fraud through the creation of a centralised registry.

Clearing & Post-Trade

ISDA Begins Review of Post-trade Services

By Editors | 09/08/2019

ISDA is conducting targeted surveys to identify opportunities for greater automation, reduced operational risk and lower costs in post-trade services.

Clearing & Post-Trade

SHCH Issues Draft Guidance on Clearing Member Default Management

By Editors | 08/08/2019

In the event of a default, Shanghai Clearing House can initiate rapid disposal of non-cash collateral, demand the disposal of a clearing member’s other assets, or perform a forced liquidation, among other measures.

KYC & CDD

Philippine SEC Proposes New Requirements for Online Lending Platforms

By Editors | 08/08/2019

The SEC proposes new disclosure and reporting requirements for operators of online lending platforms, in response to inquiries from the public about their registration and legitimacy.

Trading & Investment

China Allows Banks to Trade Bonds Via Stock Exchanges

By Editors | 08/08/2019

Currently, Chinese banks mostly trade bonds only in the interbank market. The move will increase their allowed scope for bond investments and improve the real economy’s access to financing.