Market Infrastructure

MAS Grants First Private Securities Exchange Licence to CapBridge

23/11/2018

The regulatory approval allows CapBridge to operate a private securities exchange, called ‘1exchange’, where investors can buy and sell securities issued by private companies.

Fintech / Regtech

Thailand to Broadly Revamp Regulations for Financial Institutions

23/11/2018

New regulations will make it easier for financial institutions to lend to SMEs and adopt new technologies, while also reducing burdensome approval processes.

Securities / Derivatives

Chinese Exchanges Prescribe 10-Day Limit for Stock Suspensions

22/11/2018

The Shanghai and Shenzhen stock exchange have issued new rules limiting the duration of stock suspensions to 10 trading days.

Big Picture

Securities Sector Vulnerable to Cyber Threat – Report

22/11/2018

The securities market is particularly vulnerable to cyber threats due to the large number of participants and infrastructures and the complex interactions involved.

Securities / Derivatives

China Opens Interbank Bond Market to Retail Investors

20/11/2018

Retail investors will be able to buy government bonds directly from bank branches or online, as policymakers seek to boost demand for government securities and offer investors more choice.

Capital / Liquidity

China Deleveraging Campaign to Slow Amid Trade Tensions – Moody’s

19/11/2018

While long-term deleveraging and de-risking remain in place, China’s authorities are likely to rely to a greater extent on public sector spending to support growth.

Fintech / Regtech

Singapore, UK Sign MoU on Fintech Collaboration

19/11/2018

The agreement builds on the existing fintech bridge between the UK and Singapore and intends to foster closer ties on fintech industry initiatives.

Crypto / Digital Assets

Tokyo Police Arrest Eight in Connection with Cryptocurrency Pyramid Scheme

19/11/2018

The suspects allegedly solicited investments in what they claimed was a US investment firm, collecting over $72mn in cash and cryptocurrencies from about 6,000 people.

Market Infrastructure

Singapore Banking Body Publishes Cybersecurity Assessment Guidelines

16/11/2018

The guidelines provide financial institutions with best practices and guidance on planning and conducting Red Teaming exercises to enhance security testing.