Market Infrastructure

Market Infrastructure

BOJ Pledges More Flexibile Yield Curve Control Policy

By Editors | 01/11/2023

The BOJ said its strict cap on long-term interest rates would in principle have “strong positive effects”, but that it could also entail “large side effects”.

Fintech / Regtech

MAS to Launch POC to Enhance Interoperability for QR Payments

By Editors | 01/11/2023

The POC will explore the feasibility of enabling merchants to accept QR payments from a variety of local and international payment schemes by signing up with a single FI.

ESG / Sustainability

BOK, KRX to Test CBDC Use in Carbon Emissions Trading

By Editors | 01/11/2023

More specific details on the experiment will be announced at the end of November. The experiment is scheduled to be conducted in Q3 and Q4 next year.

Fintech / Regtech

SFC Consults on New Regulatory Requirements for Securities Registrars

By Manesh Samtani | 31/10/2023

General principles on outsourcing, systems integrity and security, and disclosure obligations are being added to the code of conduct.

ESG / Sustainability

HKEX Signs MoU with Shenzhen’s CEEX to Develop GBA Carbon Markets

By Editors | 31/10/2023

HKEX and CEEX Shenzhen will jointly explore opportunities in cross-border carbon market connectivity and climate finance.

Crypto / Digital Assets

ANNA Issues First Set of ISINs for Crypto Assets

By Manesh Samtani | 31/10/2023

Crypto assets with a registered DTI can now also be issued an ISIN. Currently, there are already 108 ISIN–DTI pairs.

Market Infrastructure

Hong Kong Gazettes IBOR-related Amendments to Clearing Rules

By Editors | 31/10/2023

Subject to negative vetting by LegCo, the rule changes will commence on 1 July 2024.

Market Infrastructure

ICBC Opens Yuan Clearing Banks in Laos, Pakistan

By Editors | 30/10/2023

Besides Laos and Pakistan, new yuan clearing banks have been established in Kazakhstan and Brazil since the start of 2022.

AML / KYC

ESMA Forced to Pause Withdrawal of UAE CCP Recognition

By Editors | 30/10/2023

ESMA’s decision to withdraw its recognition of the Dubai Commodities Clearing Corporation is effectively suspended.