While Singapore will mandate single-sided trade reporting, regulators in Australia and Hong Kong will follow the European Union’s requirement for dual reporting, leading to concerns among market participants...
US makes slow progress in signing up Asian states for Fatca IGAs
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
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Singapore dollar trade potentially hit by US person rule
Treatment of Singapore-based branches of US firms unclear
Consultation on the reporting of derivative contracts includes a reporting threshold for non-financial persons and collateral reporting requirements
Australian trade reporting rules to be in force by October
MAS proposal on financial benchmark setting aims to hold banks more accountable by imposing criminal and civil punishment
Infrastructure to clear RMB trades in Singapore is now live
Questions remain about why France and Germany are yet to sign their IGAs with the US
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.