Enforcement

ASIC Permanently Bans Another Former NAB Branch Manager

09/10/2018

The branch manager knowingly provided false or misleading information and documentation in loan applications and falsely attributed them to a relative for introducer commissions.

Market Infrastructure

New Platform for Northbound Trading Set for Mid-2019 – HKEX

08/10/2018

New information paper presents an overview of the migration of HKEX technology infrastructure for northbound trading under Stock Connect.

Capital / Liquidity

China Announces RRR Cut as Markets Resume Trading

08/10/2018

Announced at the end of a week-long national holiday, the RRR cut will free up $175bn in liquidity for banks to repay MLF funding and boost business lending.

Market Infrastructure

SWIFT gpi Analytics Tool to Improve Payments Optimisation

05/10/2018

New analytics tool will provide gpi members with actionable business intelligence and enable a better understanding of end-to-end payment flows.

Fintech / Regtech

ASIC Signs Fintech Cooperation Agreements with US, Luxembourg

05/10/2018

The US and Luxembourg join a string of international jurisdictions that have agreed to cooperate with ASIC in the development of their fintech and regtech sectors.

Market Infrastructure

BSE’s India INX Enables Access to CME Group of Exchanges

05/10/2018

New ‘Global Access’ platform enables access to cash and derivatives markets on international exchanges; connectivity with CME Group exchanges already established.

Market Infrastructure

S. Korea FSS Plan to Screen Financial Sector Executives Draws Critics

04/10/2018

Under the plan, CEOs and executives would face eligibility requirements on the basis of qualifications, a clean criminal record, and historical work performance.

Market Infrastructure

NZX Signs MoU with Shanghai Stock Exchange

04/10/2018

The NZX board is making a conscious effort to move away from a domestic focused strategy and to develop global links, said its chairman James Miller in a letter to shareholders.

Fintech / Regtech

Smart Contracts Can Improve Derivatives Market Efficiency – ISDA

04/10/2018

A new white paper by ISDA and King & Wood Mallesons proposes a practical framework for constructing smart derivatives contracts.