Trading & Investment

Structural Regulation

PBOC Mulls Shift to Market Based Lending Rates

By Editors | 30/05/2019

PBOC governor Yi Gang has suggested discontinuing benchmark lending rate announcements to study the resulting loan rate trends, as a possible step towards market-based rates.

Trading & Investment

ISDA Chief Says the End is in Sight for IBOR Fallbacks

By Manesh Samtani | 30/05/2019

ISDA chief Scott O’Malia says one year from now, robust fallbacks should be in place for derivatives contracts referencing LIBOR and other IBORs.

Trading & Investment

China Clarifies Treatment of CDR Proceeds for Foreign Issuers

By Editors | 30/05/2019

New rules from the PBOC and SAFE give freedom to CDR issuers to elect whether to keep the proceeds in China or send them abroad.

Structural Regulation

Thailand Looks to Ease Listing Rules for SMEs

By Editors | 30/05/2019

Revising the listing rules will be a key agenda item at a 1 June meeting between the SEC and SET, as the current rules may be too restrictive for SMEs.

Trading & Investment

SEBI Issues Disclosure Guidelines for Listed Debt Securities

By Editors | 29/05/2019

SEBI requires debenture trustees to continuously disclose the status of interest and redemption payments, meaning that any default or delay of payment will be disclosed within a day of the due date.

Trading & Investment

ISDA Proposes Further Definition Changes to Improve CDS Market

By Editors | 29/05/2019

The new proposal will amend the definition of “Outstanding Principal Balance”, which determines the principal amount of a bond or loan that must be delivered to physically settle a CDS contract.

Cryptocurrency

IOSCO: Key Considerations for Regulating Crypto Trading Platforms

By Editors | 29/05/2019

The key considerations represent specific areas that IOSCO believes jurisdictions could consider in the context of the regulation of crypto-asset trading platforms.

Trading & Investment

HKEX Launches First 2x Inverse ETF

By Editors | 29/05/2019

In its three year strategic plan unveiled earlier this year, HKEX said it would work to become a hub for the issuance and trading of ETFs in Asia.

Trading & Investment

India Opens Voluntary Retention Route for FPIs

By Editors | 28/05/2019

The revised VRR scheme is open for allotment as of 27 May, allowing FPIs to invest in government securities and corporate debt up to an aggregate limit of $7.8bn.