Markets & Infrastructure

    Structural Regulation

    FCA Confirms Rules on Using Synthetic GBP and JPY LIBOR

    By Manesh Samtani | 16/11/2021

    Synthetic GBP and JPY LIBOR rates will be published until end-2022 and can be used in all legacy LIBOR contracts other than cleared derivatives.

    KYC & CDD

    China Asks Banks to Facilitate ‘New Forms’ of International Trade

    By Darien Choong | 16/11/2021

    With the new rules, the PBOC says it hopes to achieve unified regulation of domestic and foreign currency settlement for new forms of offshore trade.

    Trading & Investment

    IOSCO to Update Regulatory Principles for Commodity Derivatives

    By Editors | 16/11/2021

    IOSCO says market authorities should establish a code of conduct for data providers, have a process to respond to unexpected disruptions, and analyse HFT and algo trading impacts.

    Payments & Settlements

    Asia’s Payments Landscape Shines at Singapore Fintech Festival

    By Mark Johnston | 16/11/2021

    The Asian fintech scene witnessed a raft of new announcements at this year’s Singapore Fintech Festival held from 8-12 November 2021.

    Conduct, Culture & Accountability

    CBIRC Identifies Corporate Governance Deficiencies at Banks, Insurers

    By Darien Choong | 16/11/2021

    The CBIRC identified issues with shareholder behaviour, related party transactions, risk management systems, and internal audit, among other areas.

    Payments & Settlements

    BSP Pursues Cross Border Payment Links with Malaysia, Thailand

    By Editors | 16/11/2021

    The BSP has been in dialogue with ASEAN central banks including MAS, BNM and BOT to make cross-border payment flows cheaper and more seamless.

    Trading & Investment

    Malaysian Regulators Pledge Support to Mid-Tier IPO Hopefuls

    By Sanday Chongo Kabange | 15/11/2021

    Bursa Malaysia and the SC will collaborate on efforts to help mid-tier companies become “investment-ready” and learn about governance requirements.

    Conduct, Culture & Accountability

    RBI Combines Ombudsman Schemes for Regulated Entities

    By Sanday Chongo Kabange | 15/11/2021

    The new scheme combines the existing ombudsman schemes for banks, NBFCs and payment system operators and centralises complaints filing and processing.

    Trading & Investment

    Chinese Power Companies Issue First ‘Energy Guarantee Bonds’

    By Editors | 15/11/2021

    Industrial Bank underwrote two ‘energy guarantee bonds’ worth a total CNY 4 billion, the proceeds of which will be used to help address power shortages.

    Trading & Investment

    TSE RFQ platform for ETFs Reaches New Milestone

    By Editors | 15/11/2021

    The Tokyo Stock Exchange said it plans to continue to update and improve the CONNEQTOR platform by enabling a larger variety of trading methods.

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