Markets & Infrastructure

    Clearing & Post-Trade

    RBA Expresses Concerns Over CHESS System Delays in ASX Assessment

    By Editors | 02/10/2022

    ASX recorded a “strike” against the adoption of its remuneration report, which included a A$1.2mn bonus for former CEO Dominic Stevens despite the CHESS replacement delay.

    Structural Regulation

    TWSE to Lower Listing Requirements for Innovation Board

    By Editors | 02/10/2022

    The Taiwan Innovation Board was launched in July last year to cater to innovative startups, but has seen only one listing so far.

    Trading & Investment

    ESMA Calls for Greater Use of €STR in Derivatives

    By Editors | 02/10/2022

    Further develop of €STR products will provide the inputs needed to enable the calculation and provision of €STR term rates, ESMA says.

    Trading & Investment

    Singapore Exchange Launches Battery Metal Futures

    By Editors | 02/10/2022

    Contracts were launched in battery-grade lithium carbonate; lithium hydroxide; cobalt metal; and cobalt hydroxide.

    Clearing & Post-Trade

    SWIFT Launching New Service to Reduce Settlement Fails

    By Editors | 02/10/2022

    The service will use UTIs to enable automated tracking of both sides of the transaction by all market participants involved.

    Sustainable Finance

    ISDA Analyses Regulatory Treatment of SLDs in Hong Kong

    By Editors | 02/10/2022

    The paper considers how SLDs would be classified and regulated, and the compliance issues for market participants to consider when executing SLDs.

    Conduct, Culture & Accountability

    New Zealand Consults on Regulations to Support CoFi Regime

    By Editors | 01/10/2022

    Two consultations have been issued, including an exposure draft on regulations defining prohibited volume-based sales incentives.

    Market Abuse

    Japan SESC Seeks Penalty Order Against SMBC Nikko Securities

    By Editors | 30/09/2022

    The SESC has recommended that the FSA punish SMBC Nikko Securities for stock price manipulation and shortfalls in its trading surveillance system.

    Market Risk

    Standard Setters Publish Review of Global Margining Practices

    By Editors | 30/09/2022

    Market volatility and model reactions to volatility were responsible for the majority of the peak increase in IM requirements in March and April 2020.

    PEPs & Sanctions

    Turkish Banks to Stop Using Russia’s Mir Payment System

    By Editors | 30/09/2022

    Three Turkish state banks will stop using the Mir system in response to guidance issued by OFAC earlier this month. Two others stopped last week.

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