Market Infrastructure

Market Infrastructure

IOSCO Establishes New Workstreams on AI, Tokenisation

By Manesh Samtani | 15/04/2024

New workstreams on green finance and credit default swaps will also be created, according to IOSCO’s updated work plan for 2024.

Market Infrastructure

Data Dissemination Arrangements Adjusted for Stock Connect

By Editors | 14/04/2024

HKEX will no longer disclose real-time buy and sell transaction amounts and total transaction volume for Northbound trading.

Securities / Derivatives

SFC Reviewing HKEX Proposal to Enhance Clearing Flexibility

By Editors | 12/04/2024

HKEX enhanced its third party clearing arrangements for futures trades in 2022. A proposal submitted to the SFC would do the same for stock and options trades.

Market Infrastructure

UK FCA Proposes to Relax Research Unbundling Rules

By Nithya Subramanian | 12/04/2024

The FCA will allow bundling of payments for research and trade execution, making it easier for asset managers to buy research produced outside the UK.

Securities / Derivatives

Industry Collaborates to Test Digital Regulatory Reporting

By Editors | 12/04/2024

The first phase of the collaboration between DTCC and REGnosys will test the ISDA DRR for derivatives reporting in Japan and the EU.

Market Infrastructure

Australia Unveils Plans to Strengthen Rules for Mergers

By Sanday Chongo Kabange | 12/04/2024

The reforms are expected to come into force on 1 January 2026, introducing a mandatory notification requirement for deals above certain thresholds.

Big Picture

Financial Sector “Highly Exposed” to Cyber Risks, IMF Warns

By Manesh Samtani | 11/04/2024

This is the first time the IMF has assessed cybersecurity in its Global Financial Stability Report, which says cyber policy frameworks are “inadequate”.

Market Infrastructure

US CHIPS Network Completes Migration to ISO 20022

By Editors | 11/04/2024

The CHIPS network, operated by The Clearing House, has become the first high-value payment system in the US to adopt ISO 20022.

Securities / Derivatives

China Launches New Repo Clearing Service for Interbank Market

By Editors | 11/04/2024

The National Interbank Funding Center and Shanghai Clearing House launched a new general repo clearing service for the interbank bond market.