In response to regulatory pressure, Ant Group has been urging investors through in-app notifications to switch to other funds.
April 28, 2021The PBOC should adopt an aggressive monetary policy like that of the US Fed to boost consumption amid concerns about growing debt levels.
April 19, 2021Huarong’s failure to publish its earnings by its 31 March deadline has prompted concerns of a default by China's largest distressed debt manager.
April 16, 2021Banks designated as D-SIBs will be subject to a capital surcharge of between 0.25 and 1.5 percent, on top of the mandatory capital adequacy ratios.
April 7, 2021Credit Suisse expects a $4.7bn loss from the collapse of Archegos. The bank has suspended share buybacks, cut its dividend, and announced the departure of seven key executives.
April 7, 2021The SEC is considering imposing conditions for investors seeking to redeem mutual fund units, among other measures to enhance liquidity management at funds.
March 19, 2021DTCC proposes plan to eliminate cross-jurisdictional differences in trade reporting standards to boost transparency and the monitoring of systemic risk.
March 17, 2021The FCA’s recent announcement has provided clarity on the future of all LIBOR settings. But, derivatives market participants still have work to do.
March 11, 2021Deposit-taking institutions, asset managers and financial leasing companies with CNY 300 billion in total assets have to formulate recovery and resolution plans.
March 2, 2021Like other jurisdictions, AONIA does not yet have an established term market, however banks and corporates can reference the three-month BBSW where a term rate is needed.
February 25, 2021