Market Infrastructure

HKEX Launches Commodity Exchange in Shenzhen

22/10/2018

The Qianhai Mercantile Exchange, controlled by HKEX, unexpectedly began spot trading in alumina on Friday, according to a Reuters report.

AML / KYC

Revised HKMA Guidelines on AML/CFT to Take Effect from November

22/10/2018

The Guidelines are set to take effect from 1 November for authorised institutions and stored value facilities. The HKMA has also published its policy and supervisory approach.

Securities / Derivatives

Chi-X Australia, Deutsche Announce New TraCR Issuances

19/10/2018

Microsoft, JP Morgan, Disney and Facebook will join Apple in becoming Transferable Custody Receipts listed on Chi-X Australia, with more issuances to follow.

Fintech / Regtech

New Sandbox Allows Testing of Australia’s NPP via APIs

18/10/2018

SWIFT and NPP Australia have launched a new secure testing environment allowing fintechs to test the capabilities of Australia’s new payments system via APIs.

Market Infrastructure

APRA Clarifies Accountability Expectations under BEAR in New Paper

18/10/2018

The information paper is aimed at assisting financial institutions to prepare for BEAR implementation, and helping the largest of them refine and embed the regime.

Securities / Derivatives

PBOC Launches Tri-party Repos in Interbank Bond Market

18/10/2018

Tri-party repos allow investors to entrust an agent to handle collateral, reducing settlement failure while ensuring effective coverage of risk exposure.

Securities / Derivatives

FSS Unveils Measures to Boost Internal Controls, Compliance Staff at FIs

18/10/2018

The measures, though not yet finalised, follow recent concerns about stock trading systems at financial institutions in South Korea.

Market Infrastructure

G7 Publishes ‘Fundamental Elements’ for Financial Sector Cyber Resilience

17/10/2018

These include a guide for assessing cyber resilience through threat-led penetration testing, and best practices for managing cyber risk posed by third parties.

Market Infrastructure

ACMF Launches Social and Sustainability Bond Standards for ASEAN

16/10/2018

The new standards complement the ASEAN Green Bond Standards introduced last year. A new framework also announced will facilitate cross-border movement of investment advisers.