International

    Anti-Money Laundering

    GCFFC Calls for Action on Beneficial Ownership Data

    By Manesh Samtani | 26/08/2021

    Beneficial ownership data should be structured and interoperable, collated in a central register, and accessible to all actors fighting financial crime.

    Trading & Investment

    CME Group Launches BSBY Futures Contract

    By Editors | 25/08/2021

    The contract was introduced to offer price discovery and risk hedging for the BSBY Index. CME Group plans to introduce OTC clearing of BSBY swaps in Q4.

    Trading & Investment

    Bursa Malaysia to Introduce Night Trading in Palm Oil Futures

    By Pongnut Thanaboonchai | 24/08/2021

    The move is expected to increase participation from global investors, facilitate better risk management, and enhance price discovery.

    Trading & Investment

    GFXC Calls for Greater Transparency in Global FX Market

    By Manesh Samtani | 24/08/2021

    The GFXC is providing templates for disclosures on algo due diligence and TCA data, as well as disclosure cover sheets for liquidity providers and electronic trading platforms.

    CBDCs

    The Role of Digital ID in Advancing CBDC Initiatives

    By Claus Christensen | 24/08/2021

    The presence of digital ID infrastructure can influence the design and roll-out of CBDC initiatives, writes Claus Christensen.

    Credit Risk

    BIS Paper Warns of Delayed Corporate Insolvency Wave

    By Ranamita Chakraborty | 20/08/2021

    Unexpected credit losses could leave banks with inadequate loss-absorbing resources, warns a new working paper from the BIS.

    Structural Regulation

    HKMA Sets Conditions for Issuing New USD LIBOR Contracts

    By Manesh Samtani | 20/08/2021

    In the fourth quarter, the frequency at which banks have to report data to the HKMA will also increase from quarterly to monthly, with a simplified reporting template.

    Anti-Money Laundering

    Darkweb Blockchain Analytics Tool Gets Shut Down

    By Ranamita Chakraborty | 19/08/2021

    A service that was being used by criminals to check whether their own bitcoin wallets were linked to criminal activity has been shut down.

    AI Risk & Governance

    OECD Offers Policy Advice for Regulating AI in Financial Services

    By Manesh Samtani | 17/08/2021

    Among the recommendations are the introduction of suitability requirements for AI-driven financial services, and add-on capital buffers based on AI algorithms.

    Trading & Investment

    ETF Structure Proved Resilient to Market Stress: IOSCO

    By Ranamita Chakraborty | 15/08/2021

    An IOSCO study has helped to “alleviate concerns” about possible financial stability risks or fragilities relating to the ETF structure.

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