Clearing & Post-Trade

SEBI to Introduce Optional T+1 Settlement Cycle from January

08/09/2021

Stock exchanges may choose to offer T+1 settlement on any scrip, after providing the market advance notice of at least one month.

AI Risk & Governance

IOSCO Publishes Final Guidance on Supervising AI/Machine Learning

08/09/2021

IOSCO members are encouraged to consider six measures carefully in the context of their legal and regulatory frameworks.

Credit Risk

OJK Indonesia Extends Debt Restructuring Relief for One Year

07/09/2021

Banks are still required to ensure adequate risk management procedures are in place and that only debtors who are eligible are given the option to restructure their debt.

Clearing & Post-Trade

HKEX to Roll-out New Workflow for Derivatives Position Adjustments

07/09/2021

The enhancement will allow clearing participants to submit position adjustments requests directly at DCASS Online, replacing the existing paper-based workflow.

Climate Risk

MAS Forms Sustainability Group, Appoints Chief Sustainability Officer

07/09/2021

The new group will coordinate MAS’ green finance and sustainability agenda to strengthen the financial sector’s resilience against environmental risks.

Anti-Money Laundering

AUSTRAC Outlines Common Reporting Mistakes – Report

06/09/2021

Reporting mistakes have included incorrectly-used fields, late filings, inconsistent data input, and defensive reporting.

Structural Regulation

CSRC Issues Draft Rules for Beijing Stock Exchange

06/09/2021

SMEs trading on the NEEQ for at least 12 months will qualify to list on the Beijing Stock Exchange, which will adopt the registration-based IPO system.

Structural Regulation

StanChart, NTUC Enterprise to Form Singapore Digital Bank

06/09/2021

A Standard Chartered subsidiary will hold 60 percent of the digital banking venture under a licence obtained from MAS in December.

Trading & Investment

SEBI Directs Fund Managers to Disclose Risk in All Promo Materials

06/09/2021

SEBI has clarified that asset managers should disclose scheme “risk-o-meters” in all disclosures including promotional material from 1 October.