News Centre

DTCC Comments On Basel Committee And IOSCO Announcing The Deferral Of Final Implementation Phases Of The Margin Requirements For Non-Centrally Cleared Derivatives

Date 06/04/2020

 Commenting on Basel Committee and IOSCO announcing the deferral of final implementation phases of the margin requirements for non-centrally cleared derivatives, John Straley, Executive Director, Institutional Trade Processing, DTCC, said:

DTCC supports the decision by the Basel Committee on Banking Supervision (BCBS) and International Organization of Securities Commissions (IOSCO) to delay the implementation of the final two phases of the uncleared margin rules (UMR) for non-centrally cleared derivatives by one year as a result of the Covid-19 pandemic. Covid-19 is an industry-wide challenge and the additional time provided by the UMR delay will be welcomed by industry participants as they focus resources on managing risks associated with current market volatility in conjunction with future regulatory requirements.

Euronext Announces Volumes For March 2020

Date 06/04/2020

Euronext, the leading pan-European exchange in the Eurozone, announced trading volumes for March 2020.

EBRD Appoints First Chief Accountability Officer

Date 06/04/2020

The EBRD has appointed Victoria Márquez-Mees as its first Chief Accountability Officer, responsible for leading the Bank’s new Independent Project Accountability Mechanism (IPAM).

Basel Committee Sets Out Additional Measures To Alleviate The Impact Of Covid-19

Date 06/04/2020

The Basel Committee on Banking Supervision is today setting out additional measures to alleviate the impact of Covid-19 on the global banking system. These measures support the provision of lending by banks to the real economy and provide additional operational capacity for banks and supervisors to respond to the immediate financial stability priorities. They complement the previous measures published by the Committee's oversight body, the Group of Central Bank Governors and Heads of Supervision.

SET Group Operates As Usual During Emergency Decree

Date 06/04/2020

Regarding the declaration for Emergency Decree on Public Administration in Emergency Situations B.E. 2548 (2005) effective from today, the Stock Exchange of Thailand (SET) group—SET, Market for Alternative Investment (mai), Thailand Futures Exchange (TFEX), Thailand Clearing House Co., Ltd. (TCH), and Thailand Securities Depository Co., Ltd. (TSD)—will continue to operate as usual following timetable below.

SGX: Doing Our Part To Safeguard Economic Resilience

Date 06/04/2020

We are barely four months into 2020 but life before COVID-19 seems like it was years ago.

As the epicentre of the disease shifts from Asia to Europe and the U.S., the human cost is growing. Governments around the world have been forced to adopt extreme measures such as locking down entire nations and enforcing strict limits on the movement of people. Yet the situation continues to evolve, bringing new challenges to everyone. Without a doubt, we are facing the biggest crisis in a generation.

Monetary Authority Of Singapore Appoints New Assistant Managing Director

Date 06/04/2020

The Monetary Authority of Singapore (MAS) announced today the appointment of Ms Celine Sia as Assistant Managing Director (Economics & Knowledge Management). The appointment takes effect on 6 April 2020.

ASX Monthly Activity Report - March 2020

Date 06/04/2020

Trading – Cash Markets (including equities, interest rate and warrant trades)

• In March 2020, the average daily number of trades was 96% higher than the pcp. The average daily value traded on-market of $10.5 billion was up 111% on the pcp. 
• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 4.1% in March (compared to 0.3% in the pcp). 
• Expected future volatility (as measured by the S&P/ASX 200 VIX) in March was an average of 36.6 (compared to 12.1 in the pcp).

Monetary Authority Of Singapore Brings Forward The Date Of Disclosure Of Its Foreign Exchange Intervention Operations

Date 06/04/2020

The Monetary Authority of Singapore (MAS) will commence disclosure of its foreign exchange (FX) intervention operations in April 2020, instead of July 2020 as previously announced. The disclosure seeks to enhance the market’s understanding of the actions that MAS has undertaken to implement its monetary policy stance, while preserving MAS’ operational effectiveness. The date of disclosure has been brought forward to provide more timely information to the market, and align with MAS’ monetary policy cycle.

Japan's Financial Services Agency: Information On COVID-19 (Novel Coronavirus)

Date 06/04/2020

For those facing difficulties with cash flow as impact of the ongoing COVID-19 epidemic spreads

Financial Services Agency (FSA) has made a leaflet for those facing difficulties with cash flow as impact of the ongoing COVID-19 epidemic spreads.

 Banks are providing timely and flexible cash flow support for companies and individuals. Please actively consult with your main banks.