Bank of China now has access to clearing of interest rate derivatives at LCH, and can act as a clearing broker to offer the service to its clients.
June 21, 2019In a joint consultation, the HKMA and SFC propose to mandate the use of UTIs in OTC derivatives trade reporting, and to discontinue masking relief for all jurisdictions but China.
April 29, 2019Under draft rules, non-resident retail investors can hedge through interest rate derivatives; non-retail investors can participate for other specified purposes.
April 8, 2019Kai Loon Loh and Patrick Phua at global law firm Ashurst sum up the key takeaways from the MAS response to consultative feedback and the now-finalised mandatory trading regulations.
March 19, 2019HKMA and SFC published conclusions from their March 2018 consultation on LEI requirements, reporting norms and platform trading.
June 28, 2018Mandatory clearing to apply to SGD and USD fixed-floating interest rate swaps; applicable to banks with OTC derivatives exceeding SGD20 bn.
May 3, 2018Japanese banking association asks for 6-12 months grace for implementing LEI requirements; urges for increased incentives to encourage smaller firms to obtain LEIs.
April 30, 2018The trading obligations would apply to banks with gross notional outstanding OTC derivatives exceeding SGD20 billion.
February 22, 2018