Market Infrastructure

Lao Central Bank Launches QR Code Payment Standard

31/01/2020

The QR code payment standard will minimise the use of cash, drive Laos towards a digital economy,  and boost socio-economic development.

Crypto / Digital Assets

IOSCO Highlights Debt Market Concerns in Annual Work Programme

31/01/2020

The 2020 work programme provides an update on five existing priorities and an overview of planned work on a new priority – corporate debt and leveraged loans.

Securities / Derivatives

SEBI Approves MSE Launch of Weekly Interest Rate Futures

31/01/2020

The Metropolitan Stock Exchange has become the first Indian exchange to receive SEBI’s approval to launch weekly interest rate futures contracts.

Market Infrastructure

HK, Korea, Philippines to Undergo IMF Assessment in 2020

31/01/2020

While Hong Kong and Korea are scheduled to undergo the assessment, as required every five years, the Philippines has voluntarily requested its assessment.

Capital / Liquidity

APRA Publishes Strategic Priorities for the Year Ahead

31/01/2020

Chairman Wayne Byres says publishing APRA’s policy and supervision priorities supports the regulator’s commitment to greater transparency and accountability.

Enforcement

FSS Reprimands Woori, Hana Chiefs for Derivatives Mis-Selling

31/01/2020

The FSS is also recommending a 20-billion-won penalty be imposed on both banks, and for some of their operations to be suspended for six months.

Securities / Derivatives

HKEX Names Two Global Banks in Failed IPO Application

31/01/2020

Sponsored by Morgan Stanley and JP Morgan Securities, the listing of Chinese biotech firm Akeso was rejected due to a typo in the date in a listing application document.

Japan to Launch New Benchmark Interest Rate by Mid 2021 – Report

31/01/2020

From around Q2 this year, ‘reference rates’ for the new benchmark will be released as a first step, which will not be used for actual transactions.

Market Infrastructure

Buy-side Adoption of FX Global Code Lagging: BIS

31/01/2020

More needs to be done to bolster buy-side adoption of the FX Global Code, says MAS deputy managing director Jacqueline Loh, who also chairs the BIS Markets Committee.