Markets & Infrastructure

Trading & Investment

PBOC Asks Banks to Delay Squaring FX Positions

By Editors | 15/09/2023

Some brokerage companies were told to scale back their proprietary FX trading, to alleviate downside pressure on the yuan.

Trading & Investment

IOSCO Propose Good Practices for Leveraged Loan, CLO Markets

By Editors | 15/09/2023

IOSCO says a “prolonged borrower-friendly environment” has given rise to vulnerabilities in leveraged loan and CLO markets.

Alternative Markets

IOSCO Warns of Emerging Risks in Private Finance Markets

By Editors | 15/09/2023

IOSCO says private finance markets are “inherently opaque”, and that connections with other parts of the financial system may allow risks to spill into public markets.

Conduct, Culture & Accountability

MAS Imposes 9-Year Ban on Directors of Three Arrows Capital

By Manesh Samtani | 15/09/2023

MAS reprimanded the bankrupt crypto hedge fund for regulatory violations last June. The regulator has since uncovered additional violations.

Conduct, Culture & Accountability

ACGA Urges Korea to Review Corporate Governance Rules

By Mark Johnston | 15/09/2023

The ACGA sent a letter to the FSC outlining areas where Korea’s corporate governance rules can be improved to bolster the capital market and investor confidence.

Structural Regulation

SHFE Approves Citi as Futures Margin Depository Bank

By Manesh Samtani | 15/09/2023

The approval is the first granted to a US bank. It allows Citi to provide futures margin depository services to QFI clients trading in China’s commodity derivatives market.

Alternative Markets

SEBI Overhauls Quarterly Reports for Alternative Investment Funds

By Mark Johnston | 15/09/2023

The revised format requires AIFs to provide information on their fund structure, investment strategy, portfolio composition, valuation methodology, and other areas.

Conduct, Culture & Accountability

RHB Investment Bank Fined, Reprimanded for Sponsor Failures

By Editors | 15/09/2023

RHB failed to conduct proper due diligence on an ACE Market listing applicant and to ensure submissions to Bursa Malaysia were complete and accurate.

Structural Regulation

SGX Revamps Organisational Structure to Boost Growth

By Mark Johnston | 15/09/2023

SGX has announced a new organisational structure and senior management appointments to enhance its multi-asset capabilities and growth prospects.