Markets & Infrastructure

Trading & Investment

ISDA Launches Two More Consultations on Benchmark Reform

By Garima Chitkara | 21/05/2019

ISDA is consulting on fallback adjustments for USD LIBOR, HIBOR and Canada’s CDOR. It is also proposing to include the SOFR in Singapore’s SOR calculation following USD LIBOR’s cessation.

Clearing & Post-Trade

Calastone Goes Live with New Blockchain Infrastructure

By Editors | 21/05/2019

The launch comes as funds globally experience significant margin pressures, and amid a need for reduced frictions in cross-border distribution of funds.

Conduct, Culture & Accountability

Hong Kong: An Ecosystem Approach to Bank Culture Reform

By Jeffrey Kupfer | 21/05/2019

The HKMA is addressing culture and conduct risk by learning from other markets, engaging with other regulators, and exploring new technology, say Jeff Kupfer and Stephen Scott at Starling Trust.

Trading & Investment

BNM Announces Initiatives to Boost Market Liquidity, Accessibility

By Editors | 20/05/2019

The changes include enhanced repo market liquidity and flexibility, easier access to forex market, and an improved delivery mechanism for MGS futures settlements, among others.

Structural Regulation

NSE India Fines 250 Listed Companies

By Editors | 17/05/2019

India’s National Stock Exchange has fined 250 firms for non-compliance with its listing obligations and disclosure requirements.

Payments & Settlements

India to Quadruple Digital Transactions in Three Years – RBI

By Editors | 17/05/2019

In its three year roadmap for India’s payment and settlement systems, the RBI says it expects the number of digital transactions in the country to increase to 87 billion by December 2021.

Conduct, Culture & Accountability

SFC Warns Brokers, Traders on Client Facilitation Conduct

By Manesh Samtani | 17/05/2019

The SFC has found brokers that are failing to comply with the expected standards on client facilitation, and plans to take action against both individuals and firms.

Trading & Investment

‘No Concrete Timetable’ for Shanghai-London Connect – SSE

By Editors | 17/05/2019

The project to link the Shanghai and London stock exchanges has reportedly lost momentum in China, after earlier plans to launch in December were called off.

Trading & Investment

Koscom to Open Robo-Advisory Testbed from 3 June

By Editors | 17/05/2019

Robo-advisory services will have to undergo testing and verification before they can be used to directly manage funds and entrusted assets under new enabling FSC regulations.