Market Infrastructure

CSRC Grants QCCP Status to Major Futures Exchanges

29/01/2019

The CSRC says the move demonstrates China’s active promotion of the CPMI-IOSCO Principles for Financial Market Infrastructures and its intent to internationalise its futures markets.

Market Infrastructure

EU-Japan Data Sharing Agreement Takes Effect

29/01/2019

The EU adequacy decision on Japan creates the world’s largest area of safe data flows and serves as an example for future partnerships and global standard setting.

Market Infrastructure

S&P Approved to Enter China’s Credit Rating Market

29/01/2019

The People’s Bank of China has approved S&P Global Ratings to operate locally in its latest move to open up financial markets.

Market Infrastructure

Hong Kong Seeks Market Views on Paperless Securities Market

29/01/2019

Hong Kong is seeking industry feedback on plans to introduce new systems for a paperless securities market to enhance global competitiveness and increase market efficiency.

Capital / Liquidity

RBNZ Extends Bank Capital Consultation, Releases Background Research

29/01/2019

In response to stakeholder feedback on doubling bank capital requirements, the RBNZ has extended the consultation deadline and released research originally intended for internal use.

AML / KYC

Wolfsberg Group Publishes New Guidance on Sanctions Screening

29/01/2019

It aims to show where sanctions screening can be an effective part of a wider sanctions compliance programme, where it has limitations, and where a risk based approach is appropriate.

Big Picture

IMF Commends Hong Kong for Robust Financial Regulation and Supervision

28/01/2019

The IMF has assessed that robust financial regulation and supervision should help Hong Kong weather domestic and external shocks despite growing risks to the city’s outlook.

China Appoints Veteran Banker to Head Securities Regulator

28/01/2019

In an unexpected reshuffle, ICBC chairman Yi Huiman has replaced Liu Shiyu as head of the China Securities Regulatory Commission.

Securities / Derivatives

HKEX Seeks Faster Time-to-Market for IPOs

28/01/2019

The exchange is considering shortening the time it takes to price new shares and to bring pricing closer to the market trading, to address concerns that stocks tend to fall sharply after listing.