MARKET INFRASTRUCTURE

Capital / Liquidity

RBNZ Publishes “Proportionality Framework” for New DTA Regime

By Sanday Chongo Kabange | 15/03/2024

The Proportionality Framework sets out how the RBNZ will categorise deposit takers for the purposes of developing standards.

Market Infrastructure

Australia: More Guidance Issued to Support FAR Implementation

By Editors | 15/03/2024

On top of guidance for banks, APRA and ASIC issued a consultation on FAR implementation for insurance and superannuation entities.

Market Infrastructure

ASX Consults on Two-Stage Approach for CHESS Delivery

By Sanday Chongo Kabange | 15/03/2024

ASX is targeting Q1 2026 for implementation of the first stage of the new CHESS system, and 2028 or 2029 for the second stage.

Securities / Derivatives

New Regulatory Framework for Index Providers Takes Effect in India

By Ajoy K Das | 14/03/2024

Index providers that administer significant indices consisting of India-listed securities for use in the Indian market have six months to register.

Big Picture

Regulation Seen as Key Challenge to Derivatives Industry in 2024

By Manesh Samtani | 13/03/2024

New FIA and Coalition Greenwich research identifies capital requirements as the single greatest issue facing derivatives market participants.

Market Infrastructure

ASIC Revises Derivative Reporting Rules to Adopt November Proposals

By Editors | 13/03/2024

Other changes proposed in February 2024 have not yet been adopted. The new reporting requirements for OTC derivatives are due to come into effect on 21 October.

Market Infrastructure

China: NAFMII Issues Guidelines for Interbank Bond Rating Agencies

By Manesh Samtani | 13/03/2024

The guidelines strengthen requirements for rating agencies to guard against conflicts of interest, improve their rating models, and enhance rating quality and accuracy.

Market Infrastructure

EU Sets Out Roadmap to Achieve Capital Markets Union

By Editors | 12/03/2024

The roadmap includes measures to harmonise stock exchange listing requirements, reduce listing costs, and make equity and bond financing more attractive.

Market Infrastructure

Australia to Introduce “Financial Sector Regulatory Grid”

By Sanday Chongo Kabange | 12/03/2024

The new regulatory grid system will enable ASIC, APRA, the ACCC, the RBA and the ATO to better coordinate financial sector regulation.