AI Risk & Governance

FMSB Publishes Spotlight Review on Algorithmic Trading

23/04/2020

The Spotlight Review highlights the importance and challenges of model risk management in areas where algorithmic trading is being deployed.

Trading & Investment

HKEX Sets Launch Date for Phase One VCM Enhancements

23/04/2020

The first phase of enhancements will expand VCM coverage from 78 stocks to nearly 500 stocks, and apply a tiered structure of triggering thresholds.

Structural Regulation

Bloomberg Publishes Rulebook on IBOR Fallback Methodology

23/04/2020

The rulebook’s final methodology, rules and conventions are based on the results of four market-wide consultations ISDA conducted between 2018 and 2020.

Anti-Money Laundering

Shenzhen Banks Screen Relief Loans for Property Misuse

23/04/2020

The CBIRC and PBOC have asked banks to identify whether cheap loans intended to support small business impacted by the coronavirus are being used to fund speculative property purchases.

Market Abuse

FMA Preempts Insider Misconduct With Plea for Vigilance

23/04/2020

New Zealand’s FMA recognises that the current situation may give rise to a broader range of individuals having access to inside information.

Structural Regulation

SGX RegCo Extends Annual Report Deadlines, Urges Transparency

23/04/2020

Chief executive Boon Gin Tan says issuers should publish regular business updates to ensure high-quality information is promptly available to investors.

Clearing & Post-Trade

NZX Working to Fix Technical Issues Caused by Heavy Trading

23/04/2020

NZX has said it is taking steps to address technical issues it has faced amid a four-fold surge in trading volumes since early in the year.

Market Abuse

Hong Kong Exchange Censures Ding Yi Feng Executives

23/04/2020

Three former non-executive directors of China Ding Yi Feng were censured for breaching the listing rules and disclosure obligations.

Credit Risk

China to Lower Bad Loan Provisioning Requirements

23/04/2020

China will reduce the amount of capital small and medium-sized banks need to set aside to cover potential losses from loan defaults.