ADVERTISEMENT
Big Picture
Financial Sector Cyber Resilience Relies on Global Cooperation – FSB
By Editors | 12/05/2019
Successful cooperation on cyber security will enhance financial sector resilience and prevent fragmentation, said the FSB’s secretary general Dietrich Domanski in speech to the G7.
Market Infrastructure
Australia Seeks Mandatory Carbon Risk Reporting by 2021
By Editors | 10/05/2019
A green political party in Australia has announced a new policy that will make carbon risk reporting mandatory for banks, insurers, super funds and the largest listed companies in 2021.
Capital / Liquidity
10 Major Chinese Banks Planning Perpetual Bond Issuances
By Editors | 03/05/2019
Following BOC’s perpetual bond issuance in January, 10 more Chinese banks have announced plans to issue similar bonds, including ABC, ICBC and CCB.
Market Infrastructure
FSB Designates UK Agency as Sole UPI Service Provider
By Editors | 03/05/2019
The Derivatives Service Bureau will be the sole issuer of UPI codes and operate the UPI reference data library, facilitating the use of OTC trade reporting data in assessing systemic risk.
Securities / Derivatives
Hong Kong Proposes Enhancements to OTC Derivatives Regime
By Manesh Samtani | 29/04/2019
In a joint consultation, the HKMA and SFC propose to mandate the use of UTIs in OTC derivatives trade reporting, and to discontinue masking relief for all jurisdictions but China.
Market Infrastructure
China, Indonesia, India Slow to Finalise Close-Out Netting Reforms
By Garima Chitkara | 24/04/2019
In its April quarterly round-up, ISDA detailed efforts in the three jurisdictions to ensure legal certainty on close-out netting, seen to be a critical issue for derivatives market development.
Market Infrastructure
TMA Consults on HONIA, Hong Kong’s Alternative Rate for HIBOR
By Manesh Samtani | 01/04/2019
The Treasury Markets Association is proposing technical refinements to HONIA to enhance its robustness and representativeness as an alternative reference rate to HIBOR.
Market Infrastructure
ISDA, FIA, IIF Publish CCP Resolution Incentives Analysis
By Garima Chitkara | 18/03/2019
ISDA, FIA and IIF members dispute the appropriateness of extending the NCWOL safeguard to equity holders, and debate the size of the “skin-in-the-game” tranche.
AML / KYC
BCBS Sets Out Minimum Expectations for Banks Exposed to Crypto
By Editors | 18/03/2019
The minimum prudential expectations for banks exposed to crypto-assets relate to due diligence, governance and risk management, public disclosure and supervisory dialogue.
Market Infrastructure
FSB to Explore Hazards of Leveraged Loan Market – Report
By Editors | 12/03/2019
In particular, the FSB will look at collateralised loan obligations to identify which institutions hold them and assess the risks they may pose in the event of a downturn.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team