Structural Regulation

Trading & Investment

Singapore Consults on Adjustment Spreads for Legacy SOR Contracts

By Manesh Samtani | 19/05/2022

Declining liquidity in the SOR-SORA basis swap market is causing difficulties in pricing adjustment spreads used to covert legacy SOR contracts to SORA-based contracts.

Structural Regulation

Australia Considers Use of Super Savings to Buy Property

By Editors | 18/05/2022

The incumbent government’s Super Home Buyer Scheme, seen as a play for voters, is being cricitised by the superannuation industry.

Structural Regulation

China Issues New Guidelines on Accounting Firm Inspections

By Editors | 18/05/2022

Inspections will assess whether accounting firms have adequate information security and systems for screening audit work papers for “secrets”.

Trading & Investment

NSE Launches First SGX Connect Product at GIFT City

By Editors | 18/05/2022

NSE IFSC-SGX Connect is expected to go fully live in July 2022, with the onboarding of SGX members.

Trading & Investment

US Investment Banks Pause Work on New SPAC Deals

By Mark Johnston | 17/05/2022

New rules from the SEC have reportedly prompted Goldman, Bank of America and Citigroup to scale back their involvement in SPAC deals.

Trading & Investment

SSE Consults on Market Making Rules for STAR Market

By Darien Choong | 17/05/2022

The consultation comes as the CSRC releases final regulations on the introduction of a market-making mechanism for the STAR Market.

Structural Regulation

ASIC Consults on Final Derivatives Reporting Rules

By Manesh Samtani | 17/05/2022

ASIC will implement the UTI and LEI requirements on 1 October 2023, and the UPI and CDE on 1 April 2024.

Structural Regulation

Australian Groups Call for Better Regulation of BNPL Services

By Sanday Chongo Kabange | 16/05/2022

Charities and consumer groups are calling for BNPL services to be regulated like other credit products to prevent unnecessary financial harm.

Conduct, Culture & Accountability

AFCA to Speed Up Dispute Resolution With Early Merit Assessments

By Editors | 14/05/2022

Pilot tests conducted last year found that early merit assessments halved the time taken to resolve certain cases and reduced fees charged by up to 75 percent.