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.

Market Infrastructure

SEBI Grants QCCP Status to Gift City Clearing Corporations

28/01/2019

India International Clearing Corporation (IFSC) Limited and NSE IFSC Clearing Corporation – wholly owned subsidiaries of the BSE and NSE, respectively – have been granted qualifying central counterparty status.

Securities / Derivatives

China to Grant More Foreign Firms Majority Ownership in Securities

28/01/2019

“In the next six months you will see more licences being granted,” CSRC vice chairman Fang Xinghai told Bloomberg on the the sidelines of the World Economic Forum in Davos.

Market Infrastructure

ICE White Paper Introduces New LIBOR Alternative

28/01/2019

The ‘US Dollar ICE Bank Yield Index’ is fully transaction-based and designed to measure the yields at which investors are willing to invest US dollar funds on a wholesale, unsecured basis.