Mandatory 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, 2018Draft law provides ASIC with wider range of tools to enforce better protections for client money held for OTC derivatives.
April 20, 2018Guidance excludes UTI and UPI standards, includes parameters for how data should be reported rather than specific regulatory requirements.
April 12, 2018Licensees may not use OTC derivative client money for own obligations, working capital; new reporting requirements to increase transparency on client money use.
April 6, 2018Paper says adopting LEIs should be mandatory for most market participants within six months of consultation conclusions being published.
March 29, 2018Move follows MAS consultation on moving all OTC derivatives contracts onto organised markets.
March 14, 2018Completion of reform implementation and greater transparency needed for OTC derivatives market; resolution framework can be improved.
March 3, 2018The trading obligations would apply to banks with gross notional outstanding OTC derivatives exceeding SGD20 billion.
February 22, 2018Recent market trends increasingly favouring secured transactions, coupled with financial crises and regulatory requirements have made collateral scarcer than ever, new report suggests.
February 8, 2018