BNP Paribas awarded third-party clearing waiver by SFC; predicts tectonic shift in clearing practices
BNP Paribas Securities Services has secured a waiver from the SFC, which could mark a turning point for the outsourcing of clearing services in Hong Kong
Deutsche Bank claims to be the first major dealer to offer offshore renminbi on an electronic trading platform, although forex broker EBS says it already offers a hybrid broking service for the offshore Chinese currency. Together, however, the initiatives...
Standard Chartered's most recent Start deal proved oversubscribed, suggesting a returning credit risk appetite in Asia. Meanwhile, more CLOs are expected this year.
Asian regulators note the risk of future market volatility due to fund outflows from the region or external global difficulties, suggesting that both Chiang Mai and short selling are among topics that need attention.
Speculative inflows into the region could present a greater threat to the region than the global financial crisis, according to senior regional government and regulatory officials attending the Asian Financial Forum in Hong Kong.
Vietnam is looking at a theoretical date of 2015 for Basel II, however, planned hikes in capital requirements are a cause for concern for some bankers.
Cutting capital constraints
Korean regulator Jong-Goo Yi outlines how regulators are framing the debate on how to supervise systemically important financial institutions
Hong Kong will get a real-time VIX index in the first quarter next year, according to Hang Seng Indexes.
Strong and steady
Local markets lift-off
Misys' acquisition of Sophis may create synergies in the Asia region
Panellists discussing the finer points of credit valuation adjustment (CVA) at the Asia Risk Congress 2010 said despite all the current talk about CVA in the region, it may prove to be less relevant for Asian institutions compared with their international...
Industry has underpriced variable annuities, conference hears
Cutting capital constraints
In his keynote speech, Korean regulator Jong-Goo Yi highlighted the G-20's success in agreeing international regulatory reform.
Upheaval in the currency markets as a result of fears of protectionist action by a number of emerging market countries to defend their competitive positions has created a raft of threats and opportunities in the financial markets, including a new play...
The need for speed
Credit Suisse re-enters Taiwanese retail market
Domestic banks in Singapore are starting to set up CVA desks at the behest of their regulator, but elsewhere in Asia there are significant obstacles to CVA
Latest deal signals continuted opening of Taiwan's retail market for structured products after regulatory clampdown
JP Morgan is expanding its automatic email pricing system to new markets and client bases outside of Asia.