Bankers in Australia face reforms to their bonuses including having to wait longer for them to be paid out as the Australian Prudential Regulation Authority (APRA) explores in a discussion paper ways to incentivise better behaviour. 

Following a consultation, the Hong Kong Securities and Futures Commission (SFC) said it will work closely with the Hong Kong Stock Exchange (HKEx) and is amending listing rules to clamp down on backdoor listings and shell activities. 

Bloomberg Index Services has been chosen by the International Swaps and Derivatives Association (ISDA) to calculate and publish adjustments related to fallbacks that the association intends to implement for certain interest rate benchmarks under its 2006 Definitions.

The International Organization of Securities Commissions (IOSCO) has added its voice to the growing chorus of calls for market participants to migrate to risk free rates (RFRs) and away from the London interbank offered rate (Libor).

Smaller asset managers have been given another 12 months, until September 2021, to comply with rules requiring them to set aside cash margins for their non-cleared derivatives transactions. 

The Financial Stability Board (FSB) has prolonged implementation deadlines relating to financial stability risks for securities financing transactions (SFTs).

Two blockchain firms, SEBA Crypto and Sygnum, have been granted banking and securities dealers licences by Switzerland’s Financial Market Supervisory Authority (FINMA).

Amid speculation that the Bank of Japan (BoJ) is planning to increase its monetary stimulus programme, regulators are warning that it should carefully consider the impact on regional banks before doing so. 

Banks in Europe may have to seriously reconsider their business models or contract in the face of persistently negative interest rates, a move that could threaten financial stability, a leading Danish regulator warned. 

European banks plan to increase debt issuance over the next three years, particularly via unsecured debt instruments, the European Banking Authority (EBA) said in a statement.