Markets & Infrastructure

Structural Regulation

SEBI Proposes ‘One Commodity, One Exchange’ Policy

By Editors | 17/12/2021

The proposed policy will help exchanges develop an exclusive set of un-fragmented liquid contracts for a specific agricultural commodity over 3-5 years.

Trading & Investment

PBOC, SAFE Issues New Rules for Panda Bond Issuance

By Darien Choong | 17/12/2021

The rules do not impose restrictions on funds retained in China or transferred overseas, though they encourage the domestic use of RMB funds raised.

Payments & Settlements

BNM Proposes New Rules For Payment System Operators

By Mark Johnston | 17/12/2021

BNM proposes governance, risk management and operational requirements to ensure safety, efficiency, reliability and confidence in payment systems.

Trading & Investment

ISDA Publishes New Set of Fallbacks for IBOR Derivatives

By Manesh Samtani | 17/12/2021

The new fallbacks cover IBORs in India (MIFOR), Malaysia (KLIBOR), New Zealand (BKBM), Norway (NIBOR), the Philippines (PHIREF) and Sweden (STIBOR).

Structural Regulation

Korea Defers Consolidated Accounting Control Rule to 2023

By Editors | 17/12/2021

The pandemic situation has posed challenges for listed companies in setting up their consolidated internal accounting management systems, the FSC said.

Clearing & Post-Trade

HKMA, SFC Consult on Calculation Periods for OTC Derivatives Clearing

By Editors | 16/12/2021

The existing list of calculation periods will be exhausted in about one year’s time. The HKMA and SFC propose to add eight similar calculation periods to the clearing rules.

Structural Regulation

Vietnam Debuts New Umbrella Entity to Manage Stock Exchanges

By Sanday Chongo Kabange | 16/12/2021

VNX, or Vietnam Stock Exchange, will serve as a new umbrella entity to manage the Hanoi and Ho Chi Minh stock exchanges.

Structural Regulation

Malaysia SC Revises SPAC Framework to Spur Listings

By Manesh Samtani | 16/12/2021

The minimum amount of funds required to be raised by a SPAC through its IPO has been reduced by a third, among other changes.

Conduct, Culture & Accountability

HKMA Raises Concerns Over Outside Mandates of Bank Directors

By Manesh Samtani | 16/12/2021

Banks have to report all outside mandates held by each director and chief executive, and address any conflicts of interest and time commitment issues.