Market Infrastructure

Market Infrastructure

BOK to Provide Banks $12b in USD Funding This Week

By Editors | 30/03/2020

The move is expected to help stabilise US dollar funding markets,  after the BOK signed a $60bn currency swap agreement with the US Federal Reserve earlier this month.

Market Infrastructure

A New Structure for Private Equity Funds in Hong Kong

By Su Cheen Chuah | 28/03/2020

The Limited Partnership Fund Bill will be seen by PE industry stakeholders as a positive step towards bringing Hong Kong’s active PE market onshore, says international law firm Deacons.

Market Infrastructure

China to Enhance Oversight of National Bad Debt Managers

By Editors | 27/03/2020

The reforms are said to be in part aimed at shielding the Ministry of Finance from risk. The Ministry is the largest shareholder of each of the national AMCs.

Market Infrastructure

ISDA Calls for Delay to Initial Margin Deadlines

By Editors | 26/03/2020

Without a delay, smaller entities will almost certainly be shut out of the derivatives market, denying them the ability to manage risk when they need it most, says ISDA chief Scott O’Malia.

Market Infrastructure

Singapore Stimulus Plan to Catalyse Private Sector Loans

By Editors | 26/03/2020

MAS is working with banks and insurers to see how best to help businesses and individuals with loan obligations and insurance premium payments.

Market Infrastructure

Interim LIBOR Transition Milestones May Be Affected: FCA

By Editors | 26/03/2020

While end-2021 remains the firm target date for all firms to meet, interim transition milestones in some of the less prepared segments such as loan markets may be affected.

Market Infrastructure

ASX to Delay Implementation of CHESS Replacement

By Editors | 25/03/2020

ASX will launch a public consultation in June on a new timetable for its CHESS replacement project, amid uncertainty created by the coronavirus pandemic.

Fintech / Regtech

Securities Market Principles Can Be Applied to Stablecoins: IOSCO

By Editors | 25/03/2020

Preliminary analysis concludes that the Principles for Financial Market Infrastructures could apply to the global stablecoin arrangements, among other principles and standards.

Capital / Liquidity

S. Korea Announces Emergency Financial Aid Package

By Editors | 24/03/2020

The 100-trillion-won package includes funding for businesses, two market stabilisation funds, support for new bond issuance and liquidity support for brokerage firms.