Market Infrastructure

Taiwan, Canadian Regulators Cross-border Clearing MoU

10/04/2023

The MoU supports TAIFEX’s application for recognition as an exempted clearing agency in Ontario, which will enable Canadian FIs to use its clearing service.

Crypto / Digital Assets

ANZ Completes First Use Case Test for CBDC Pilot

10/04/2023

ANZ tokenised ACCUs that were purchased by Grollo Carbon Ventures. Settlement occurred using ANZ’s stablecoin, which was backed by pilot CBDC.

Enforcement

US Authorities Charge Fintech Founder for Defrauding JPMorgan

10/04/2023

The fintech founder fraudulently induced JPMorgan to acquire her startup in September 2021 by making up data, the SEC said.

Australia Proposes to Improve Superannuation Performance Test

09/04/2023

A review of the YFYS reforms that commenced in September found that the performance can encourage short-termism and discourage.

Market Infrastructure

RBI to Permit Local Users to Access Onshore NDF Market

09/04/2023

The move is intended to further deepen the forex market in India and provide residents with greater hedging flexibility, RBI governor Shaktikanta Das said.

Securities / Derivatives

Morgan Stanley Applies to Open Futures Business in China

09/04/2023

If approved, Morgan Stanley would become the second foreign bank to wholly own a futures business in China, after JPMorgan.

ESG / Sustainability

DWS Targets Climate With Largest Ever US ETF Launch

09/04/2023

The passive fund began trading on the NYSE with $2bn of assets, backed by Finnish pension insurance company Ilmarinen.

Securities / Derivatives

SET to Streamline Market Data Licensing Processes

07/04/2023

The Stock Exchange of Thailand has partnered with DataBP to launch a new online platform that will simplify reporting and standardise market data administration.

ESG / Sustainability

Bursa Malaysia Joins International Emissions Trading Association

07/04/2023

Bursa Malaysia will contribute to the development of the global carbon market through its IETA membership.