Securities / Derivatives

SEBI Grants BSE Final Approval to Launch Gold Trading

02/10/2022

BSE has already conducted mock trading sessions for its members in a test environment to enable trading in electronic gold receipts.

Crypto / Digital Assets

SWIFT, Chainlink Working on Blockchain Interoperability POC

02/10/2022

Chainlink’s open-source cross-chain interoperability protocol will enable SWIFT messages to instruct on-chain token transfers.

Market Infrastructure

RBA Expresses Concerns Over CHESS System Delays in ASX Assessment

02/10/2022

ASX recorded a “strike” against the adoption of its remuneration report, which included a A$1.2mn bonus for former CEO Dominic Stevens despite the CHESS replacement delay.

Capital / Liquidity

EBA Considers Assessing Climate in Regular Bank Stress Tests

02/10/2022

The EBA has kicked off high level discussions on how to incorporate climate risks in regular stress tests that take place every two years.

Securities / Derivatives

TWSE to Lower Listing Requirements for Innovation Board

02/10/2022

The Taiwan Innovation Board was launched in July last year to cater to innovative startups, but has seen only one listing so far.

Market Infrastructure

ESMA Calls for Greater Use of €STR in Derivatives

02/10/2022

Further develop of €STR products will provide the inputs needed to enable the calculation and provision of €STR term rates, ESMA says.

Enforcement

Enhanced Penalties for Data Breaches Take Effect in Singapore

02/10/2022

Organisations with annual turnover exceeding S$10mn are liable for penalties for data breaches worth up to 10% of annual turnover.

ESG / Sustainability

Singapore Exchange Launches Battery Metal Futures

02/10/2022

Contracts were launched in battery-grade lithium carbonate; lithium hydroxide; cobalt metal; and cobalt hydroxide.

Securities / Derivatives

SWIFT Launching New Service to Reduce Settlement Fails

02/10/2022

The service will use UTIs to enable automated tracking of both sides of the transaction by all market participants involved.