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Coverage of regulatory developments, market trends, and operational standards across asset classes, financial products, and trading venues.

Trading & Investment
FDIC Retains BlackRock Unit to Sell SVB, Signature Bank Securities
By Editors | 05/04/2023
The FDIC retained BlackRock Financial Market Advisory to sell about $114bn in securities. Signature Bank loans still in receivership will be marketed “later this summer”.

Structural Regulation
Industry Bodies Say EU BMR Presents ‘Cliff-edge Risks’
By Editors | 05/04/2023
Industry bodies say only benchmarks designated as systemically important should be in scope of BMR for mandatory compliance.

Market Data & Technology
JPX Launches Paid Data Service for Retail Investors
By Editors | 05/04/2023
The paid version of the J-Quants API includes datasets that were “highly requested” by users of the beta service.

Structural Regulation
Korea Finalises Reforms to Introduce Mandatory English Disclosures
By Editors | 04/04/2023
KOSPI-listed firms with KRW 10 trillion in assets will be required to disclose material information in English from 2024. Firms with KRW 2 trillion in assets must do the same from 2026.

AI Risk & Governance
Adopting Artificial Intelligence in Finance
By Larry Cao | 04/04/2023
CFA Institute’s Larry Cao discusses the opportunities and challenges of adopting AI tech in the investment industry.

Trading & Investment
Digital Vote Execution Service to Launch for Tokyo Market
By Editors | 04/04/2023
Issuers, investors and local sub custodians will gain efficiency and greater transparency from the new digitised e-voting service.

Structural Regulation
UK FCA Announces Decision on Synthetic USD LIBOR Rates
By Editors | 04/04/2023
1-, 3- and 6-month synthetic USD LIBOR rates will continue to be published for 15 months after the USD LIBOR bank panel ceases on 30 June.

Trading & Investment
CME Group Launches Offshore Yuan Options Contracts
By Editors | 04/04/2023
Traders no longer view the yuan as an emerging-market currency like it was ten years ago, said Chris Povey.

Structural Regulation
Bursa Malaysia Finalises Rules for LEAP-to-ACE Listing Transfers
By Editors | 03/04/2023
Bursa Malaysia’s Julian Hashim said the amendments offer a clearer roadmap for LEAP companies aiming to graduate to the ACE Market.

Trading & Investment
JPX to Launch Index of Stocks that Focus on Value Creation
By Editors | 03/04/2023
The index will comprise 150 Prime Market companies that are expected to create value based on financial performance or market valuation.
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