Market Infrastructure

HKEX to Roll Out New Market Access Platform on 27 September

15/09/2021

The change is expected to improve latency, deliver higher performance, and provide greater flexibility to implement new functionalities in the future.

Enforcement

SEBI Settles YES Bank Case of Selective Disclosures

15/09/2021

YES Bank allegedly made selective disclosures regarding its asset quality, and did not disclose regulatory breaches identified by the RBI.

Big Picture

Australia Can Do More to Facilitate Sustainable Recovery: OECD

15/09/2021

The OECD recommends the creation of a roadmap for improving reporting of climate-related risks by listed companies and financial institutions.

Capital / Liquidity

MAS Issues Draft Standards for Market Risk Capital

15/09/2021

MAS seeks feedback on draft provisions in Notice 637 relating to market risk capital and capital reporting requirements.

Enforcement

Australia: Members Equity Bank Facing 62 Criminal Charges

15/09/2021

ASIC says ME Bank made false or misleading representations about interest rates and repayment amounts to home loan clients.

Market Infrastructure

Southbound Bond Connect to Launch on 24 September

15/09/2021

Southbound trading under Bond Connect will have an initial daily quota of CNY 20 billion and an annual quota of CNY 500 billion.

Market Infrastructure

Australia Appoints Inaugural Members to FRAA

15/09/2021

Nicholas Moore, ex-CEO of Macquarie Group, has been appointed as Chair of the Financial Regulator Assessment Authority, which will oversee ASIC and APRA.

Fintech / Regtech

Bursa Malaysia to Explore Dematerialised Structured Warrants

15/09/2021

Digital Asset, VMware, Macquarie Capital Securities and Maybank Investment Bank will participate in the dematerialisation proof-of-concept.

Fintech / Regtech

RBI Opens Applications for Third Sandbox Cohort

15/09/2021

Six entities from the first cohort on retail payments have exited the sandbox. The second cohort on cross-border payments is commencing testing this month.