Posts

01 Aug 2008 | SFEMC statement on Vietnamese Dong fixings

Read SFEMC's guidance on how the ABS Rate Fixing for the Vietnamese Dong applies to contracts from 7 January 2008 onwards.

03 Sep 1998 | Notes of meeting on settlement of Malaysian Ringgit (MYR) deals

Find out how outstanding Malaysian Ringgit transactions should be settled following Malaysia's 1998 exchange controls, including agreed guidelines on close-out rates and settlement deadlines.

04 Nov 2011 | SFEMC statement in relation to MF Global Singapore

Read SFEMC's guidance on best market practice for closing out open positions with MF Global Singapore following its provisional liquidation in November 2011.

15 Sep 2008 | SFEMC statement on contingent third party information clearing house

Read the SFEMC's 2008 statement on using a third-party clearinghouse to help unwind open positions across FX and derivatives markets.

18 Dec 2006 | SFEMC statement on Bank of Thailand reserve requirement on short term capital inflow

Thailand's central bank now requires a 30% reserve on short-term capital inflows, but equity investments are exempt. Existing trades before 19 December 2006 are also unaffected.

20 May 2010 | Recommendations in light of the market disruption on THB settlement

Due to Thai public holidays on 20–21 May, settlements and payments for affected contracts will be delayed. Find out how SFEMC recommends handling contract maturities and USD-settled transactions during this period.

20 Sep 2006 | Recommendation on the settlement of Thai Baht (THB) transactions

SFEMC recommends rolling over THB transactions due to an unscheduled Thai bank holiday. All related payments should be settled on 21 September 2006.

21 Oct 2010 | Recommendations in light of the amend in Chinese Renminbi US Dollar fixing (CNY SAEC)

The SFEMC has issued guidance on the corrected CNY SAEC fixing rate for 21 October 2010. Market participants should use the amended rate of 6.6695 for relevant transactions.

26 Feb 2001 | Guidelines for closing out outstanding Indonesian Rupiah

Read the SFEMC guidelines on closing out outstanding IDR transactions, following Bank Indonesia's Rupiah regulation.

29 Mar 2003 | SFEMC ABS Joint Statement on SARS

Read the joint SFEMC-ABS guidance on keeping treasury and dealing room operations running during the SARS outbreak, including travel and health advice for staff.

Oct 2003 | SFEMC open letter to participants in the Singapore financial market

Read the SFEMC's open letter on Undisclosed Principal Trading and understand the risks it poses to counterparties in Singapore's financial markets.