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Coverage of regulatory developments, market trends, and operational standards across asset classes, financial products, and trading venues.
Trading & Investment
Australia to Drop LIBOR in Cross Currency Swaps Trading
By Manesh Samtani | 29/11/2021
BBSW/LIBOR will shift to BBSW/SOFR in cross currency basis swaps trading, though the move presents challenges inherent to an IBOR/RFR pairing.
Trading & Investment
Taiwan FSC to Ease Rules on Automatic Portfolio Rebalancing
By Darien Choong | 29/11/2021
Automated execution of portfolio rebalancing transactions will be allowed, subject to the rebalancing thresholds agreed by clients being reached.
Structural Regulation
Indonesia Forms National Working Group on Benchmark Reform
By Editors | 29/11/2021
The working group will provide information and education to market players and recommendations on alternative benchmark rates.
Structural Regulation
Chinese, US Authorities Working to Resolve Audit Issues
By Editors | 28/11/2021
CSRC director-general Shen Bing said authorities are “working very hard” to prevent Chinese companies being delisted from US exchanges.
Trading & Investment
Tax Incentives Prompt Raft of IPO Listings in Sri Lanka
By Duruthu E Chandrasekera | 27/11/2021
Companies will be able to maintain a reduced corporate tax rate for three years after listing. The CSE’s listing framework was also revamped earlier this year.
Sustainable Finance
South Korea Set to Launch Second ‘New Deal’ Fund
By Sanday Chongo Kabange | 27/11/2021
The KRW 100 billion fund will comprise KRW 80 billion from the private sector and retail investors and KRW 20 billion from the government.
Conduct, Culture & Accountability
Korea FSS Asks Brokers to Prioritise Consumer Protection
By Editors | 26/11/2021
The FSS is reviewing a decision to penalise nine market-makers, taking into account “self-correcting measures” by individual firms.
Trading & Investment
ASIC Imposes Licence Conditions on ASX Over 2020 Outage
By Sanday Chongo Kabange | 26/11/2021
ASIC wants market participants to be able to re-route trades to alternative venues such as Chi-X in the event of a future market outage.
Trading & Investment
SEBI Defers Implementation of New Margin Requirements
By Editors | 24/11/2021
New rules that require investors to have 50 percent of their margins in cash to trade in futures and options have been deferred to 28 February.
Trading & Investment
GBA Wealth Connect Pilot Records ¥200m in Transactions
By Sanday Chongo Kabange | 24/11/2021
Net investment via Wealth Connect has exceeded CNY 200 million so far, with participation from around 11,500 retail investors.
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