Market Infrastructure

Market Infrastructure

NZ Minister Orders Inquiry into Banking Competition

By Sanday Chongo Kabange | 14/06/2024

The Select Committee inquiry will examine banking competition, focusing on business and rural banking and lending.

Securities / Derivatives

Sri Lanka Completes Transition to Shorter Settlement Cycle

By Editors | 13/06/2024

The CSE described the transition from T+3 to T+2 for equity trades as “seamless” and a “significant milestone”.

Market Infrastructure

APRA Finalises Operational Risk Management Guidance

By Sanday Chongo Kabange | 13/06/2024

The guidance is designed to help FIs implement the new cross-industry standard on operational risk management.

Fintech / Regtech

Benefits of Tokenisation Are “Overexaggerated”: WFE Paper

By Nithya Subramanian | 13/06/2024

The WFE says tokenisation work should continue, but that some of the benefits claimed are “overexaggerated”.

Market Infrastructure

Singapore Consults on Implementation of Global Minimum Tax

By Nithya Subramanian | 12/06/2024

The proposed bill aims to ensure that large MNEs are taxed at 15 percent, in line with international tax reforms drawn up by the OECD.

Securities / Derivatives

China: Stock Exchanges Issue New Programme Trading Rules

By Mark Johnston | 12/06/2024

HFT will be subject to differentiated fees based on indicators such as the number and frequency of orders submitted and withdrawn.

Market Infrastructure

Korea Set to Implement New Responsibility Mapping System

By Manesh Samtani | 11/06/2024

Financial holding companies and banks with assets over KRW 5 trillion must submit responsibility maps by 2 July 2026.

Fintech / Regtech

Korea: Short Selling Monitoring System To Be Ready in March 2025

By Sanday Chongo Kabange | 11/06/2024

South Korea’s ban on short selling can only be lifted after the new Naked Short Selling Detection System is in place.

Securities / Derivatives

SEBI Issues Penalties Framework for MII Surveillance Lapses

By Ajoy K Das | 10/06/2024

SEBI will impose penalties for surveillance-related lapses based on annual turnover and the number of lapses during a financial year.