MARKET INFRASTRUCTURE

Market Infrastructure

NZX Adds Financial Recovery Tools to Operational Rules

By Sanday Chongo Kabange | 04/09/2023

The amendments will take effect on 1 December, introducing five recovery tools to help manage a potential default by a market participant.

Market Infrastructure

SEBI Proposes Formation of New Agency to Validate Performance Claims

By Sanday Chongo Kabange | 04/09/2023

SEBI proposes to create a new independent body that would validate performance claims made by intermediaries such as fund managers and investment advisers.

Market Infrastructure

Japan FSA Revises OTC Derivatives Reporting Requirements

By Manesh Samtani | 04/09/2023

The FSA is making changes to its guidelines to remove the “UPI” and “Delta” requirements from the 1 April 2024 go-live date.

Capital / Liquidity

PBOC Cuts FX Reserve Requirement, Eases Mortgage Policies

By Manesh Samtani | 04/09/2023

The measures are part of efforts to support the economy, the property sector, and the Chinese yuan.

Fintech / Regtech

China Issues New Data Security Rules for Money Brokers

By Editors | 03/09/2023

The rules set out requirements for money brokers that provide data services to customers. A list of permitted data recipients is published.

Market Infrastructure

CSRC Unveils 19-Point Enhancement Plan for Beijing Stock Exchange

By Editors | 01/09/2023

The plan includes more market makers, and greater participation from overseas investors, publicly offered funds, and private equity funds, among other measures.

Market Infrastructure

ASIC, RBA Set Expectations for ASX Industry Engagement

By Editors | 01/09/2023

ASIC and the RBA directed ASX to use its new advisory group to seek advice on Australia’s possible implementation of T+1 settlement.

Capital / Liquidity

HKMA Consults on New Resolution Planning Guidance

By Manesh Samtani | 01/09/2023

The guidance focuses on the measures banks should have in place to ensure continuity of access to FMI services in a resolution scenario.

Securities / Derivatives

What SGX Regco Expects Of Disclosures Around Key Financial Indicators

By Boon Gin Tan | 31/08/2023

Boon Gin Tan and June Sim discuss SGX RegCo’s expectations of disclosures in respect of three financial indicators that are actively monitored.