Market Infrastructure

ION Brings Traders Back Online Following Ransomware Attack

09/02/2023

Exchanges are reporting business as usual, though ION is said to be rebuilding its systems. Cybersecurity firm Crowdstrike will validate.

Securities / Derivatives

HKEX to Support Listings by Nanjing Tech Enterprises

09/02/2023

Nanjing, home to about 18,000 technology enterprises, has become a significant growth centre for new economy industries, HKEX said.

ESG / Sustainability

ISDA Analyses Regulatory Treatment of SLDs in Singapore

09/02/2023

The paper considers how sustainability-linked derivatives would be classified and regulated in Singapore.

Securities / Derivatives

NYSE to Reimburse 60pc of Claims from January Trading Halts

08/02/2023

NYSE clients have been told that losses will be covered for orders posted or routed to NYSE. Loss-making trades triggered on other venues will not be covered.

AML / KYC

India Orders Ban on Over 200 Betting and Loan Apps

08/02/2023

The move follows several arrests and raids on payment firms last year connected to a probe into money laundering by loan companies said to be controlled by Chinese individuals.

Securities / Derivatives

Asset Managers Launch Global Trade Finance Working Group

08/02/2023

New working group will work to boost the role of alternative lenders in providing trade finance, at a time when traditional lenders are retrenching.

ESG / Sustainability

SEBI Enhances Framework for Green Debt Securities

08/02/2023

Blue bonds, yellow bonds, and transition bonds are added. Disclosure requirements are enhanced. Independent third-party reviewers must be appointed.

AML / KYC

SFC Fines Jinrui Futures for AML Compliance Failures

08/02/2023

Jinrui Futures is the 5th firm to be fined over the use of software that allowed Mainland investors to trade in Hong Kong without opening a local securities account.

Crypto / Digital Assets

BIS Innovation Hub to Develop Stablecoin Monitoring Tools

08/02/2023

Project Pyxtrial will investigate technological tools that can enable systemic monitoring of stablecoins and their balance sheets.