Markets & Infrastructure

Capital Adequacy

Citi Completes Sale of Indonesia Consumer Business to UOB

By Mark Johnston | 22/11/2023

UOB acquired Citi’s consumer banking operations in Indonesia, Malaysia, Thailand, and Vietnam.

Trading & Investment

TAIFEX Partners CME Group, Nasdaq to Launch Semiconductor Futures

By Editors | 22/11/2023

New contract will make TAIFEX the only non-US exchange to list futures for four major US equity indexes.

Tokenisation

‘Standardisation’ Key to Regulating Tokenised Financial Assets 

By Jill Wong | 22/11/2023

The tokenisation of financial assets should be guided by regulations that emphasise the ability to predict cash flows, says Ralf Kubli of the Casper Association.

Tokenisation

ICMA Offers Analysis of Risk Disclosures Used to Issue DLT-based Bonds

By Editors | 22/11/2023

The analysis identifies additional risk factors that feature in bond offering documents to address risks specific to the use of DLT.

Resolution & Recovery

ISDA, FIA, IIF Respond to FSB Consultation on CCP Resolution

By Mark Johnston | 21/11/2023

The industry groups welcomed the FSB’s focus on CCP resolution, but have raised some concerns and suggestions for improvement.

Trading & Investment

SEBI Launches “Investor Risk Reduction Access” Platform

By Ajoy K Das | 21/11/2023

The platform will enable investors to continue to manage their portfolios even during unexpected technical glitches.

Conduct, Culture & Accountability

RBI Undertakes Review of Penalty Framework – Report

By Ajoy K Das | 21/11/2023

The RBI is considering options for linking penalties to the size of regulated entities, as well as clawing back executive remuneration.

Payments & Settlements

HKMA Considers How Banks Will Support Stock Trading During Typhoons

By Sanday Chongo Kabange | 21/11/2023

Banks would need to upgrade their systems to cope with a “potential new clearing arrangement for cheque payments”.

Structural Regulation

Tax Incentives Crucial to Attracting Single Family Offices to Singapore

By Ranamita Chakraborty | 21/11/2023

The slew of sops along with the regulator’s focus on quality investors has made the city-state a preferred destination for the super-rich.