Asia Risk - Sep 2021
In this issue: the rise of PoPs, forecasting the impact of climate change on the economy, and more.
Articles in this issue
Could prime of primes go pop?
The PoP market is booming, but some tier one banks are wary
New China data law threatens KYC efforts
Local banks will need permission to export any data that could end up in the hands of foreign law enforcement bodies
Climate laggards need to make double the carbon cuts – MSCI
Asset managers that wait until 2025 will have to cut emissions by 14% a year to limit warming
Mitsubishi to issue first FRN linked to Japan’s risk-free rate
Issuer to use a compounded in-arrears average of Tona with 10-day observation shift
Asia moves: LCH appoints new head of Asia, BNY Mellon picks treasury services chief, and more
Latest job news across the industry
PoP goes FXPB: prime of prime fizzes, but isn’t to all tastes
Sources report ebullient growth among PoPs, despite lingering wariness around risk redistribution
Show your workings: lenders push to demystify AI models
Machine learning could help with loan decisions – but only if banks can explain how it works. And that’s not easy
Futures aim to put a dent in FX swaps supremacy
Advent of margin rules sharpens appeal of exchange-traded instruments for buy-siders
‘It’s the economy’: forecasting an op risk climate change spike
History of op risk suggests economic impacts of climate change could exacerbate losses, writes op risk head
Quants turn to machine learning to unlock private data
Replication could allow financial firms to use – and monetise – data that was previously off-limits
PBs get new help in war on generosity
Big FX venue operators offer way to reduce overallocation of credit
The case for reinforcement learning in quant finance
The technology behind Google’s AlphaGo has been strangely overlooked by quants
Goal-based wealth management with reinforcement learning
A combination of machine learning techniques provides multi-period portfolio optimisation