Market Infrastructure

Market Infrastructure

BNM Finalises Responsibility Mapping Framework for FIs

By Editors | 30/12/2023

A two-year transitional period, instead of one year as initially proposed, is provided before the responsibility mapping framework comes into effect.

Market Infrastructure

Bursa Malaysia, RAM Holdings Launch Debt Fundraising Platform

By Nithya Subramanian | 29/12/2023

The platform will allow listed and unlisted companies to raise funds through the issuance of credit-rated investment notes.

Market Infrastructure

RBI Proposes to Introduce New Category of Money Changers

By Ajoy K Das | 28/12/2023

The RBI proposes to allow businesses to deal in foreign exchange through an agency model by becoming forex correspondents of authorised dealer banks.

Market Infrastructure

JBATA Publishes Feedback From Euroyen TIBOR Consultation

By Editors | 27/12/2023

Most respondents said “six months before the cessation date” is a desirable timing to cease entering into new Euroyen TIBOR contracts.

Securities / Derivatives

SEBI Consults on Introducing Same Day Settlement of Equity Trades

By Ajoy K Das | 26/12/2023

The consultation paper proposes that T+0 settlement would be optional alongside the existing T+1 settlement system.

Market Infrastructure

RBI Issues Draft Framework for SROs of Regulated Entities

By Ajoy K Das | 23/12/2023

The framework sets out the responsibilities of SROs, expectations on governance, and eligibility criteria for recognition as SROs.

Market Infrastructure

UK, Switzerland to Mutual Recognise Financial Services Laws

By Editors | 22/12/2023

For certain sectors, UK financial services firms will be able to serve clients in Switzerland while largely following UK rules, and vice versa.

Fintech / Regtech

RBA Sets Expectations for Enhanced Debit Card Market

By Sanday Chongo Kabange | 22/12/2023

The RBA wants all industry participants to support token portability and token synchronisation by June 2025.

Market Infrastructure

UK FCA Issues Listing Reform Proposals for Consultation

By Manesh Samtani | 22/12/2023

The FCA is also consulting on rules for a bond market consolidated tape and proposals to increase the availability of bond and derivatives information.