International

Market Infrastructure

More Work Required to Remove Legal Barriers to Trade Reporting – FSB

By Garima Chitkara | 22/11/2018

While a number of legal barriers on reporting and accessing of trade data have been removed, some still remain. China’s position on trade data access remains uncertain.

Big Picture

Industry Bodies Call for Extended Benchmarks Regulation Transition Period

By Manesh Samtani | 22/11/2018

ISDA, FIA, GFMA and EMTA have jointly published a briefing advocating an extension of the Benchmark Regulation transition period for critical and non-critical benchmarks.

Big Picture

Securities Sector Vulnerable to Cyber Threat – Report

By Editors | 22/11/2018

The securities market is particularly vulnerable to cyber threats due to the large number of participants and infrastructures and the complex interactions involved.

Big Picture

“Good Progress” On OTC Reform Among G20 Nations – FSB

By Garima Chitkara | 21/11/2018

The FSB found progress in OTC reform implementation on among 24 member jurisdictions, with great strides on trade reporting and higher capital on non-centrally cleared derivatives.

Market Infrastructure

Some Aspects of Post-Crisis Reform Disincentivise Central Clearing

By Manesh Samtani | 20/11/2018

A joint report from the FSB, BCBS, CPMI and IOSCO confirms earlier findings that some aspects of post-GFC reform may not incentivise central clearing of OTC derivatives.

Market Infrastructure

FSB Urges More Progress on CCP Resolution Regimes

By Garima Chitkara | 20/11/2018

Progress to enhance the resolvability of SIFIs is advanced in the banking sector, but most jurisdictions do not yet have a comprehensive resolution regime for CCPs in place.

Market Infrastructure

MAS, Central Banks Explore Alternative Models for Cross-Border Payments

By Manesh Samtani | 20/11/2018

The central banks of Singapore, Canada and England jointly released a report discussing emerging opportunities for digital transformation in cross-border payments.

Capital / Liquidity

Royal Bank of Scotland Removed From G-SIB List

By Garima Chitkara | 19/11/2018

The Financial Stability Board has added France’s Groupe BPCE to its 2018 list of global-systemically important banks and removed RBS and Nordea.

Crypto / Digital Assets

Regulation Asia Awards for Excellence 2018 – Results Announcement

By Editors | 16/11/2018

Regulation Asia held its first ever Awards ceremony on 13 November to recognise technology companies, legal and consulting firms, and exchanges that have helped shape the regulatory landscape in Asia Pacific over the past year.