INTERNATIONAL

Market Infrastructure

ISDA Launches New Indicator to Monitor RFR Adoption in Derivatives

By Editors | 28/07/2020

The indicator is intended to help derivatives market participants keep tabs on progress to shift to risk-free rates ahead of the end of 2021, when LIBOR is due to be discontinued.

Big Picture

FMSB Examines Remote Working Risks in FICC Markets

By Editors | 28/07/2020

FMSB has published a Spotlight Review on the risks of undertaking financial services activities through new working arrangements, and measures to mitigate these risks.

ESG / Sustainability

CDSB Issues New Guidance to Mainstream Climate Reporting

By Manesh Samtani | 28/07/2020

The new Climate Guidance will help enhance reporting quality by addressing the lack of decision-useful material climate information for investors.

Securities / Derivatives

Why Do Electronic Traders Cancel Orders?

By Jamil Nazarali | 28/07/2020

Jamil Nazarali at Citadel Securities explains what ever-increasing speeds for issuing and canceling orders tell us about today’s market structure.

Market Infrastructure

Data: Fault Lines Criss-crossing Asia’s Capital Markets

By Matthew Chan | 27/07/2020

Global harmonisation and progressive thinking are needed to support data connectivity between markets, says Matthew Chan at ASIFMA.

AML / KYC

US Hedge Funds Being Used for Money Laundering: FBI

By Manesh Samtani | 27/07/2020

A leaked FBI bulletin says US hedge funds and private equity firms are being used to facilitate money laundering, organised crime, and sanctions evasion.

Big Picture

Institute of Internal Auditors Offers Update to 3LoD Model

By Editors | 26/07/2020

The new ‘Three Lines Model’ is aimed at improving organisational structure to achieve better alignment, collaboration, and accountability among key players.

AML / KYC

New Report Highlights Ineffectiveness of Global AML/CTF Systems

By Manesh Samtani | 25/07/2020

A lot of countries may have strong AML/CTF systems in place, but in practice they are not working, says a new report from the Basel Institute on Governance.

ESG / Sustainability

Inconsistent Data Hindering Quantification of Climate Risks: FSB

By Manesh Samtani | 22/07/2020

Multiple layers of uncertainty on the course of climate change give rise to a lack of consistent data and methodologies for translating potential outcomes into financial exposure estimates.