MARKET INFRASTRUCTURE

Market Infrastructure

Philippines: BSP, PDIC Enhance Cooperative Arrangements

By Sanday Chongo Kabange | 23/02/2024

Banks will no longer need to submit some prudential reports separately to the PDIC, the BSP said.

Market Infrastructure

South Korea Eases FX Regulations to Attract Foreign Investors

By Sanday Chongo Kabange | 22/02/2024

The updated regulations will enable foreign investors easier access to local currency and simplify complex procedures.

Capital / Liquidity

EU Adopts New Rules to Enhance Market Data Access

By Mark Johnston | 22/02/2024

The amendments to MiFIR and MiFID II will enable the establishment of EU-wide consolidated tapes and ban payment for order flow.

Big Picture

Regulators Face Culture Challenges Just Like Those They Regulate: Report

By Manesh Samtani | 20/02/2024

New Starling Insights report argues says regulators suffer from the same cultural and behavioral ills that trouble the firms they oversee.

Market Infrastructure

PBOC Cuts Benchmark Mortgage Rate to Boost Property Market

By Editors | 20/02/2024

This is the largest cut to the five-year loan prime rate since the rate was revamped in 2019.

Market Infrastructure

SIFMA Backs Lawsuit Against SEC Over CAT Funding Model

By Mark Johnston | 19/02/2024

SIFMA and others say the SEC has unlawfully imposed “massive costs” on broker-dealers and investors by adopting a revised CAT funding model.

Market Infrastructure

HKMA Sets Out Resolution Planning Expectations in New Guidance

By Sanday Chongo Kabange | 17/02/2024

A new chapter has been added to the Code of Practice setting out the measures banks should have in resolution plans.

Market Infrastructure

MAS Issues Additional Guidance for New Derivatives Reporting Regime

By Manesh Samtani | 16/02/2024

New FAQs are provided to support implementation of the new OTC derivatives reporting regime, which comes into force in October.

Market Infrastructure

ASIC Proposes Further Changes to OTC Derivatives Reporting Rules

By Manesh Samtani | 16/02/2024

Among other things, the changes will simplify the exchange-traded derivatives exclusion and the scope of foreign entity reporting, as well as remove “alternative reporting”.