MARKET INFRASTRUCTURE

Market Infrastructure

DTCC Exits Global Markets Entity Identifier Business

By Editors | 31/07/2023

DTCC to exit Global Markets Entity Identifier operations by 22 August, partnering with GLEIF for a seamless transition.

Fintech / Regtech

China Appoints Ex-Telecom Exec to Head Up New Data Regulator

By Editors | 31/07/2023

Liu Liehong’s appointment signifies the operational readiness of China’s newly-formed agency, the National Data Bureau.

Market Infrastructure

ASX Pledges to Implement Further Governance Improvements

By Sanday Chongo Kabange | 31/07/2023

ASX has pledged to, within three months, implement 16 recommendations made by Herbert Smith Freehills in its review of the group’s governance structure.

Market Infrastructure

BOJ Surpises Market With Tweak to Monetary Policy Stance

By Editors | 31/07/2023

The tweak is seen as a small step towards normalisation. Analysts have warned that the BOJ’s monetary policy stance harms the economy and distorts the bond market.

Crypto / Digital Assets

Digital Yuan Being Used for Clearing Commodity Spot Trades

By Editors | 30/07/2023

Industrial Bank is the first bank to incorporate digital RMB into commodity spot trading, paving the way for future advancements in this area.

ESG / Sustainability

Japan Names 17 Firms That Endorse New Code of Conduct on ESG Data

By Editors | 30/07/2023

Endorsers include Bloomberg LP, Clarity AI, FTSE Russell, ICE, ISS ESG, Moody’s Japan, Morningstar Sustainalytics, MSCI ESG Research, Refinitiv, and S&P Global Ratings Japan.

Market Infrastructure

India: AMC Repo Clearing Launches Triparty Bond Repo Solution

By Editors | 29/07/2023

Eight entities participated in repo transactions on the first day of the new service from AMC Repo Clearing.

Capital / Liquidity

FSB Spotlights NBFI Risks, Focusing on Liquidity Mismatch, Leverage

By Editors | 28/07/2023

FSB’s John Schindler outlined the steps being taken to address liquidity mismatches and leverage risk within the NBFI sector.

Fintech / Regtech

HKMA to Collaborate With Saudi Central Bank on Market Connectivity

By Sanday Chongo Kabange | 28/07/2023

The two central banks will also collaborate on financial infrastructure development, sustainable development and fintech.