Markets & Infrastructure

Clearing & Post-Trade

HKMA Launches New Round of Trade Repository Testing

By Editors | 28/08/2017

Two-stage testing of Phase 2 reporting to depository covers interest rate, foreign exchange, equity, credit and commodity derivatives.

Structural Regulation

HKEX Risks Tech Firms’ Disfavour

By Peter Guy | 28/08/2017

HKEX needs to develop regulations and boards to accommodate the entire chain of technology from start-ups to unicorns.

Market Abuse

Cybercrime Threatening Market Integrity – ASIC

By Samuel Riding | 23/08/2017

Australian regulator says market integrity will be a top priority over the next six months amid a surge in related misconduct issues.

Clearing & Post-Trade

ISDA Urges EU Not to Force Local Clearing Post Brexit

By Editors | 23/08/2017

Trade organisation says move to local CCPs could push up initial margin costs by 20% or more; cites Australian equivalency model.

Credit Risk

S.Korea Eyes Deregulation to Encourage Banking Competition

By Samuel Riding | 23/08/2017

FSC to come up with deregulation plan by end-of year; wants more challengers to financial sector incumbents after approval of internet-only banks.

Data Privacy

Open Banking: A Roadmap for What’s to Come

By Stuart Fuller | 17/08/2017

A roadmap is useful when you get to a junction, where the path is unknown, and the choices are plenty. In the world of data, there are many junctions.

Capital Adequacy

Australia Eyes Provisional Market Access for Aspiring Banks

By Samuel Riding | 16/08/2017

Restricted ADI licensees would need only $2.35mn in capital to take deposits; APRA paper does not address budget proposal to remove ‘bank’ capital requirements.

Clearing & Post-Trade

RBI Issues Final Tri-party Repo Guidelines

By Garima Chitkara | 14/08/2017

The Reserve Bank of India has allowed the use of tri-party repos by commercial banks, recognised stock exchanges and clearing corporations and other approved entities.

AI Risk & Governance

Taiwan Allows Robo-advisory for Mutual Funds

By Garima Chitkara | 14/08/2017

Investment advisors can use robo-advisory technology to execute transactions and rebalance portfolios for clients as long as preset investment scale and return standards are maintained.