Market Infrastructure

FMSB Reports Progress in Enhancing Market Conduct Standards

20/03/2019

The FICC Markets Standards Board, in its 2018 annual report, highlighted key achievements to enhance standards of behaviour in wholesale FICC markets.

Securities / Derivatives

ACMF Advances Efforts on Sustainable Finance, Regional Connectivity

20/03/2019

The ASEAN Capital Markets Forum has endorsed a roadmap for promoting sustainable investment and launched a framework for cross-border publication of research.

Capital / Liquidity

RBI Asks Banks to Boost Monitoring of End Use of Loan Funds

20/03/2019

Following a string of penalties against banks last month, the RBI has asked banks to improve their monitoring of the origin and end use of loan funds.

Enforcement

AFCA Consults on Expanded Remit to Cover Legacy Complaints

20/03/2019

The consultation follows the government’s recent expansion of AFCA’s remit allowing it to handle legacy complaints dating back to 1 January 2008.

Market Infrastructure

UPDATED – Bank of England Grants Recognition to Indian Clearing Corporations

20/03/2019

The Metropolitan Clearing Corporation of India is the first Indian clearing corporation to receive recognition from under the UK’s temporary recognition regime.

Securities / Derivatives

Shanghai’s New High-Tech Board Starts Receiving IPO Applications

20/03/2019

Eleven firms have so far announced plans to list on the new board, six of which are already traded on OTC markets or other exchanges.

Securities / Derivatives

SFC Extends Compliance Deadline for New Rules on Complex Products

20/03/2019

The SFC has extended the deadline for compliance with new rules requiring firms to ensure client suitability when selling complex products by two months.

Market Infrastructure

China Liberalises Cross-border Capital Flows for Multinational Firms

20/03/2019

The new regulations simplify the registration process for multinational firms borrowing from and lending overseas to make it easier for them to manage cross-border capital flows.

Market Infrastructure

NSE-SGX Final Arbitration Decision Deferred to December 2020

20/03/2019

The deferment means Singapore Exchange will be able to continue offering SGX Nifty products until a long term solution is agreed.