Trading & Investment

IBA Confirms Plans for Cessation of USD LIBOR ICE Swap Rate

17/11/2022

Publication of USD LIBOR ICE Swap Rate “runs” for all tenors will cease immediately after the rates are published on 30 June 2023.

Structural Regulation

SEBI Issues New Rules for Operators of Online Bond Platforms

17/11/2022

Online bond platform providers must have a stockbroker registration certificate from SEBI and be registered with the stock exchange.

Cryptocurrency

Korea FSS to Issue Accounting Guidelines for Crypto Firms

17/11/2022

The current accounting system in Korea does not provide options for companies dealing in crypto.

Reporting & Disclosures

Alternative Credit Managers Launch ESG Disclosure Tool

17/11/2022

The ESG Integrated Disclosure Project template provides private companies and credit investors a standard format for ESG-related disclosures.

Data Privacy

New Zealand Confirms Plans to Roll-out Out Open Banking

16/11/2022

The banking industry will be the first sector in New Zealand to implement a Consumer Data Right mechanism, like in Australia.

Structural Regulation

PCAOB Had “Good Access” During Hong Kong Audit Inspection – Report

16/11/2022

The PCAOB reportedly gained all the information it requested during its inspection, but a decision has not yet been made regarding its dispute with Chinese regulators.

Trading & Investment

Beijing Stock Exchange Marks First Anniversary Since Launch

16/11/2022

The BSE issued new rules for margin financing and securities lending business, in a bid to further improve market liquidity and pricing efficiency.

Capital Adequacy

APRA Proposes Amendments to Capital Requirements for PPF Providers

16/11/2022

PPF providers are a type of stored value facility provider. The proposed changes are part of a broader review of APS 610.

Clearing & Post-Trade

ESMA Recognises Bursa Malaysia Derivatives Clearing as TC-CCP

16/11/2022

The recognition will make it easier and more cost-effective for European counterparties to access Malaysia’s derivatives market.