Market Infrastructure

Market Infrastructure

SFC Reminds Market of Coming Changes to Position Limit Regime

By Mark Johnston | 20/12/2023

The SFC has published an FAQ and updated its guidance note to help market participants understand the amendments, which come into force on Friday.

Securities / Derivatives

CFTC Approves Rule to Allow UPI Use in Swaps Reporting

By Sanday Chongo Kabange | 19/12/2023

The use of the UPI in the reporting of OTC derivatives in the US will start on 29 January 2024.

Enforcement

Appellate Court Sets Aside SEBI Penalties Against NSE, Officials

By Ajoy K Das | 19/12/2023

The penalties were imposed in June 2022 over the alleged exploitation of NSE’s internet infrastructure by brokers for faster connectivity.

Fintech / Regtech

China Issues New Rules for Non-bank Payment Institutions

By Manesh Samtani | 19/12/2023

Regulators are imposing stricter licensing, business management, risk management and user protection rules on non-bank payment institutions.

Market Infrastructure

HKMA Proposes Updated Guidance to Address Banking Sector Talent Gaps

By Manesh Samtani | 19/12/2023

The revised guidance includes new expectations on manpower planning and staff training to ensure banks can fill their talent gaps.

Market Infrastructure

China Expands Pilot Programme to Boost Cross-border Trade and Investment

By Editors | 19/12/2023

The pilot programme, launched in 2022, is expanded to cover all of Shanghai, Jiangsu, Guangdong, Beijing, Zhejiang, and Hainan.

Market Infrastructure

India’s NSE Lists First Entity on New Social Stock Exchange

By Ajoy K Das | 18/12/2023

NSE’s social stock exchange enables direct listings from NPOs and other social enterprises, enabling them to raise financing with increased transparency.

ESG / Sustainability

ESMA Plans Scrutiny on ESG Disclosure Under BMR

By ESG Investor | 18/12/2023

ESMA will assess compliance with ESG disclosure rules under the BMR to enhance comparability of information provided to users of benchmarks.

Securities / Derivatives

Australia Proposes Bill to Reform Regulatory Regime for FMI Entities

By Manesh Samtani | 17/12/2023

The RBA and ASIC will gain enhanced regulatory powers over financial markets, CS facilities, derivative trade repositories, and benchmark administrators.