MARKET INFRASTRUCTURE

Market Infrastructure

HKMA, PBOC Unveil Policy Measures to Deepen Financial Cooperation

By Sanday Chongo Kabange | 25/01/2024

Securities firms are allowed to sell financial products directly via Wealth Connect and the individual investor quota has been tripled.

Market Infrastructure

Hong Kong, Saudi Arabia Agree to Deepen Financial Market Connectivity

By Editors | 24/01/2024

The MoU covers collaboration to support capital market connectivity, conduct joint research, and enhance cross-border investments, among other areas.

Market Infrastructure

Taiwan to Introduce Responsibility Mapping System for Banks

By Manesh Samtani | 24/01/2024

The FSC has directed the local banking association to develop a responsibility mapping system by 1 January 2025, based on the UK Senior Managers Regime.

ESG / Sustainability

Hong Kong SFC Outlines Strategic Priorities for 2024-2026

By Sanday Chongo Kabange | 24/01/2024

The SFC will explore potential connect initiatives with other markets, embrace tokenisation of traditional products, and introduce AI in its workflows.

Market Infrastructure

BIS Sets Out Priorities for Next Review of FX Global Code

By Manesh Samtani | 23/01/2024

BIS Market Committee Chair John Williams says the GFXC should expand adoption to more types of institutions and continue work on reducing FX settlement risk.

Securities / Derivatives

India’s IFSC Inks Pact for Hydrogen Trading Platform in GIFT City

By Ajoy K Das | 22/01/2024

The collaboration will develop a Global Green Hydrogen Price Index that will serve as benchmark for price discovery.

Market Infrastructure

Cambodia Securities Exchange Introduces USD Settlements

By Sanday Chongo Kabange | 22/01/2024

CSX says investors can now trade local currency stocks but settle their transactions in US dollars, which will increase market accessibility.

Market Infrastructure

Japan To Introduce Mandatory English Disclosures on Prime Market

By Sanday Chongo Kabange | 18/01/2024

The TSE will require all listed firms on its Prime Market to make disclosures in English and Japanese starting 2025.

Market Infrastructure

Google Pay and India’s NIPL Ink Pact to Expand UPI Globally

By Ajoy K Das | 18/01/2024

The partnership aims to help Indian travellers make payments overseas, develop UPI-like models in foreign countries and ease cross-border remittances.