MARKET INFRASTRUCTURE

Market Infrastructure

Monitoring Group Progresses Work to Enhance Standard-Setting System

By Editors | 27/07/2023

Monitoring Group comments on key advances in enhancing standards on international audit, assurance, ethics, and independence.

Securities / Derivatives

HKEX, IDX Sign MoU to Explore Cross-Market Listings

By Editors | 26/07/2023

HKEX and IDX will look to collaborate on cross-border listings, joint product development and ESG initiatives.

Fintech / Regtech

Why Banks Should Leverage ISO 20022 as an Innovation Accelerator

By Pete McCormick | 26/07/2023

Pete McCormick discusses the challenges banks face in adopting ISO 20022, as well as the benefits of doing so, using a strategic approach.

AML / KYC

ESMA Withdraws Recognition Decisions for UAE CCPs

By Editors | 26/07/2023

The recognition decisions were withdrawn due to the UAE’s including in the EU’s AML blacklist.

ESG / Sustainability

IOSCO Announces Formal Endorsement of ISSB Standards

By Manesh Samtani | 25/07/2023

IOSCO is now calling on regulators around the world to consider adopting the ISSB standards in their local jurisdictions.

Market Infrastructure

PBOC Proposes New Rules on Data Security Management

By Editors | 25/07/2023

China’s central bank releases draft rules on data security management, applicable to both domestic as well as foreign-funded financial institutions.

Market Infrastructure

China Issues Draft Rules to Boost Cross-Border Trade and Investment

By Editors | 25/07/2023

China’s foreign exchange regulator, SAFE, proposes draft rules to advance cross-border trade, calling for public input until 2 August 2023.

Market Infrastructure

EU Reaches Agreement on Rule Enhancements for Investment Funds

By Editors | 25/07/2023

AIMA’s deputy CEO Jiri Krol said some restrictions are “difficult to justify” but that AIMA has worked with policymakers to ensure they are “better defined and calibrated”.

Market Infrastructure

Banks Targeted by Open-Source Software Supply Chain Attacks

By Editors | 24/07/2023

Checkmarx detected the first known open-source supply chain attacks targeting the banking sector.