Asia Risk - April 2014

Articles in this issue
Market hits back at Hong Kong plans to bar retail access to dark pools
SFC proposals to keep retail investors on the lit market come under fire
China still a 'dirty' netting jurisdiction for banks
Lack of certainty over close-out netting continues in China
Japan banks to sidestep Volcker private equity restrictions
Parallel fund structures given the go-ahead by the US
QIC first Australian buy-side firm to execute on a Sef
Money manager looks to access all liquidity pools
China looks beyond commodity derivatives with equity options launch
New equity options on two exchanges
FTSE to launch CPSS-Iosco compliant fixed-income China indexes
Regulatory and price considerations key for China indexes
Japan FSA proposes two phases for mandatory clearing
Japan expands scope of clearing regime
Banks battle for share of burgeoning Asia repo market
Basel III pushes US and European banks to Asia
Taiwan OBU reform to ramp up demand for CNH products
Onshore banks also tipped to benefit from new approach
Crude palm oil OTC swap use on the increase as prices rise
Greater liquidity on long-dated swaps than on exchange-traded options
Variable annuity sales recover in Japan as insurers revise hedging strategies
Simplified product design and buoyant equity markets combine to revive Japan VA market
Dalian iron ore contract boosts overall market liquidity
Rather than acting as a rival to SGX, DCE complements its Singapore counterpart, insiders say
Asia corporates hesitate to hedge out interest rate risk
Negative carry versus short-term rates is deterring firms from hedging
Asia dealers review CCP risk management approaches
Shanghai Clearing House lags regional peers, say market participants
Greater diversity of players on Asia repo markets
Both global and regionally focused players looking to capture growing Asia repo market
BlackRock hires Zhu as head of China equities, and other recent job moves
Zhu moves from Goldman Sachs where she was a China equity strategist