Trading & Investment

Market Data & Technology

IOSCO Issues Final Report Recommending UTC Time Stamping of Trades

By Editors | 20/01/2020

Trading venues and their participants should synchronise the clocks they use for timestamping reportable events with coordinated universal time (UTC), IOSCO says.

Structural Regulation

Benchmark Reform: HONIA Beckons but is Hong Kong Ready?

By CorporateTreasurer | 20/01/2020

TMA published feedback from market participants on HONIA as the successor to HIBOR in late December but unlike its US counterpart SOFR, Asian businesses are taking time to adapt.

Market Abuse

SEBI Exonerates Nine in NSE ‘Dark Fibre’ Case – Reports

By Editors | 17/01/2020

SEBI said there was no evidence to suggest the nine former and current NSE officials were involved in facilitating preferential market access for selected brokers.

Structural Regulation

UK Regulators Set Key LIBOR Transition Deadlines

By Editors | 17/01/2020

Market makers have until 2 March to adopt SONIA as the market convention for issuing sterling interest rate swaps, and until Q3 to end all new issuances of LIBOR-based cash products.

Trading & Investment

Hong Kong, Thailand Set to Sign Cross-Border Funds Agreement

By Editors | 17/01/2020

Hong Kong’s SFC and Thailand’s SEC plan to sign a mutual recognition of funds agreement within the second quarter of this year.

Structural Regulation

HKMA Urges Family Offices to Set Up in Hong Kong

By Editors | 17/01/2020

The HKMA has been working to enhance Hong Kong’s competitiveness as a family office hub by developing talent, enhancing investment opportunities, and outreach.

Trading & Investment

Hang Seng Index Operator Seeks Views on Constituent Eligibility

By Editors | 16/01/2020

The operator of the Hang Seng Index is soliciting market views on the eligibility of weighted voting rights and secondary-listed companies for inclusion in the benchmark.

Trading & Investment

Hong Kong, China Resume Discussions on ETF Connect

By Editors | 15/01/2020

SFC deputy chief executive Julia Leung has indicated that discussions with the CSRC have resumed to address the technical challenges of implementing an ETF Connect.

Structural Regulation

Singapore Launches New VCC Framework for Funds

By Manesh Samtani | 15/01/2020

To mark the launch, 20 investment funds have established or re-redomiciled in Singapore as VCCs. To encourage adoption, MAS will fund up to 70% of eligible expenses to set up a VCC.