INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS

    Enforcement

    Korea Exchange Fined for Making False Statement to CFTC

    By Editors | 14/07/2019

    The CFTC found that KRX failed to disclose that it was not in compliance with a requirement to use daily stress tests to evaluate the sufficiency of its financial resources.

    Market Infrastructure

    RBI Issues Guidelines for Financial Benchmark Administrators

    By Editors | 27/06/2019

    Existing financial benchmark administrators will be notified if their benchmark is considered a “significant benchmark”. They will then have three months to apply for RBI authorisation.

    Big Picture

    Buy-Side to Provide Stability in Bond Market Stress: IOSCO

    By Manesh Samtani | 24/06/2019

    Intermediaries and banks are less likely to provide liquidity during times of stress because of post-crisis changes in regulation and risk appetite.

    Market Infrastructure

    IOSCO Urges Members to Review, Enhance Cyber Standards

    By Editors | 19/06/2019

    A new report from the IOSCO Cyber Task Force provides an overview of three internationally recognised cyber standards and frameworks used by IOSCO members.

    Market Infrastructure

    ISDA Calls for Consistency in Implementation of Margin Rules

    By Manesh Samtani | 18/06/2019

    In order to maximise efficiency, minimise risk and reduce market fragmentation, national regulators must strive for harmonised margin requirements across the globe, ISDA says.

    Enforcement

    SFC, CSRC to Facilitate Cross-Border Investigations

    By Editors | 17/06/2019

    The SFC and CSRC have agreed on a new cooperative framework to facilitate and coordinate cross-border investigations in “high impact or urgent cases”.

    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

    CPMI-IOSCO Paper on CCP Default Management Auctions

    By Editors | 07/06/2019

    The discussion paper describes the considerations CCPs take into account when planning and conducting default management auctions.

    Market Infrastructure

    FSB, IOSCO Issue Complementary Reports on Market Fragmentation

    By Manesh Samtani | 06/06/2019

    The FSB and IOSCO have separately published reports on market fragmentation as they seek to minimise its adverse effects on financial stability and market efficiency.

    Crypto / Digital Assets

    FSB Issues Report to G20 on Crypto-Asset Regulation

    By Manesh Samtani | 04/06/2019

    Forward-looking risk assessments are needed in crypto-asset markets to identify trends that may give rise to financial stability and other risks and assess their potential significance early on.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team