Market Infrastructure

Securities / Derivatives

Singapore Bourse Pushes into Foreign Exchange Market

By Manesh Samtani | 12/06/2019

SGX wants to reduce its reliance on equity index derivatives by aggressively pushing into the FX markets over the next five years.

Market Infrastructure

Australia: Think Tank Calls for Reduced Regulatory Red Tape

By Editors | 12/06/2019

Between five Australian regulatory agencies, over 75,000 pages of regulatory materials have been published, compared to only 9500 pages of enabling legislation.

Market Infrastructure

ISDA Chief Urges Accounting Bodies to Prioritise Benchmark Reform

By Editors | 12/06/2019

ISDA chief Scott O’Malia says market participants need clarity from the IASB and FASB on the accounting implications of a switch from IBORs to RFRs.

Market Infrastructure

SFC Directs Prime Brokers on Regulatory Obligations

By Manesh Samtani | 11/06/2019

If prime services are carried out in Hong Kong, prime brokers are expected to comply with Hong Kong rules and regulations regardless of where the risk positions are booked.

Market Infrastructure

FSB Examines Effects of Post-Crisis Reforms on SME Financing

By Editors | 11/06/2019

SME lending growth has resumed in recent years, and access to external finance for SMEs appears to have improved, particularly in advanced economies.

Fintech / Regtech

FSB: Decentralisation Could Benefit Financial Stability

By Manesh Samtani | 08/06/2019

While decentralised financial technologies do pose risks, they may increase competition and diversity in the financial system and reduce existing entities’ systemic importance.

Big Picture

IOSCO Publishes Recommendations on Sustainable Finance

By Editors | 08/06/2019

The report identifies the prerequisites for creating an ecosystem that facilitates sustainable finance, and sets out 10 recommendations for growth and emerging markets.

Market Infrastructure

UPDATED – RBI Removes RTGS, NEFT Fund Transfer Fees

By Editors | 07/06/2019

Industry players and banking experts say the move will not only boost digital payments, but also make transactions faster, safer and cost-effective.

Market Infrastructure

China Urges Private Firms to Swap Debt for Equity

By Editors | 07/06/2019

China’s debt-to-equity swaps programme has been dominated by state enterprises. More private companies are now being encouraged to participate to reduce short-term repayment pressures.