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Fintech / Regtech
FSC Korea Unveils Operation Plan for New ATS Market
By Manesh Samtani | 12/05/2024
The FSC will apply the best execution obligation to securities firms when Nextrade launches its new ATS platform in March 2025.

Securities / Derivatives
SIFMA to Lead Shared Ledger Project for Multi-asset Transactions
By Manesh Samtani | 10/05/2024
The project participants and contributors include Citi, JP Morgan, Mastercard, Swift, Visa, Broadridge, DTCC, ISDA, and others.

Securities / Derivatives
LegCo Panel Provides Updates on HK Stock Market Reforms
By Manesh Samtani | 09/05/2024
The documents outline progress on paperless corporate communications, the USM regime, and extreme weather trading proposals.

Market Infrastructure
ESMA Seeks Input on Changes to UCITS Framework
By Mark Johnston | 09/05/2024
ESMA seeks input on expanding UCITS eligible assets to crypto, catastrophe bonds, emission allowances and other asset classes.

Fintech / Regtech
HKMA Forms New Architecture Community for Project Ensemble
By Sanday Chongo Kabange | 08/05/2024
The Community will develop standards to support interoperability among wCBDC, tokenised money and tokenised assets.

Market Infrastructure
Australia Consults on Regulations for Big Four Auditors
By Editors | 07/05/2024
Treasury is seeking views on stronger powers for the ATO and TPB and regulations for accounting, audit and consulting firms.

Market Infrastructure
ASEAN+3 Ministers Approve New Rapid Financing Facility
By Editors | 06/05/2024
The Rapid Financing Facility will enable ASEAN+3 countries to access emergency financing during periods of urgent balance of payments needs.

Securities / Derivatives
UK Consults on Guidance for New Derivatives Reporting Rules
By Editors | 04/05/2024
The consultation seeks feedback on new Q&As and corresponding changes to the UK EMIR validation rules, which take effect from 30 September.

Fintech / Regtech
US CFTC Appoints First-Ever Chief AI Officer
By Sanday Chongo Kabange | 03/05/2024
The role will involve leading the development of the CFTC’s enterprise data and AI strategy and advancing its data-driven capabilities.

Market Infrastructure
Australia Publishes Details on Reforms to Foreign Investment Regime
By Sanday Chongo Kabange | 03/05/2024
Greater scrutiny will apply to foreign investments in sensitive sectors. Passive investors with a strong track record would receive less scrutiny.
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