Securities / Derivatives

Hong Kong, Saudi Exchanges to Explore Cross Listings

07/02/2023

A delegation to Saudi Arabia led by Hong Kong chief executive John Lee will try to persuade Aramco to list on HKEX’s market.

Crypto / Digital Assets

Korean Crypto Firms Face AML Inspections, Disclosure Rules

06/02/2023

The inspections will prioritise high-volume crypto businesses with high money laundering risks. The disclosure system will cover issuance, listing and circulation.

Market Infrastructure

Existing FMI Rules Are Sufficient to Address Climate-related Risks

03/02/2023

DTCC says the regulatory frameworks and standards contained within the PFMI are sufficient to address climate-related financial risks faced by FMIs.

Fintech / Regtech

BSP Invites Firms to Participate in Open Finance Rule-Making

02/02/2023

Financial institutions and fintech firms are invited to participate in the development of rules and standards for the Philippine Open Finance Pilot.

Securities / Derivatives

US SEC Proposes Amendments to Staff Trading Rules

02/02/2023

Investments in financial industry sector funds will be prohibited. The SEC will be able to collect employee trading data via an automated electronic system.

Market Infrastructure

ASX to Introduce New Measures for Handling Outages

01/02/2023

ASX will introduce new order and trade download services and a ‘cancel only’ session state. A proposed intraday restart capability will not proceed.

Crypto / Digital Assets

Allowing Self-Custody Should be Considered in CBDC Design

30/01/2023

World Economic Forum article suggests CBDC designers should consider allowing self-custody as an option to increase overall user dignity and welfare.

Crypto / Digital Assets

FTX Explores Possible Revival of Global Crypto Business

25/01/2023

FTX’s replacement CEO believes reviving the business could recover more value for customers than a liquidation of assets or sale of the platform.

ESG / Sustainability

WEF Paper Outlines Steps for Responsible Carbon Market Engagement

24/01/2023

New paper from the World Economic Forum and Bain & Company calls for “decisive action” to scale up VCMs and ensure they serve the promised environmental and societal benefits.