Market Infrastructure

Market Infrastructure

UK FCA Issues Listing Reform Proposals for Consultation

By Manesh Samtani | 22/12/2023

The FCA is also consulting on rules for a bond market consolidated tape and proposals to increase the availability of bond and derivatives information.

Market Infrastructure

SEBI Directs Clearinghouses to Back-up Risk Management Systems

By Ajoy K Das | 22/12/2023

Clearing corporations should be able to a SaaS-based RMS within 30 minutes in the event of a disruption with their existing RMS.

Securities / Derivatives

IFSCA Working Group Issues Recommendations on Direct Listing Framework

By Ajoy K Das | 22/12/2023

The report suggests two models to enable direct listings by Indian companies at GIFT City exchanges.

Market Infrastructure

HK AFRC to Start Inspections of Mainland Auditors of HK-Listed Entities

By Sanday Chongo Kabange | 22/12/2023

Under a partnership with Chinese authorities, the AFRC will start to inspect engagements involving audit working papers located on the Mainland.

Market Infrastructure

China to Add Macau Pataca to Interbank FX Trading System

By Editors | 22/12/2023

Trading in the RMB/MOP currency pair will launch on 2 January 2024, and in the USD/MOP and HKD/MOP pairs from 2 March.

Market Infrastructure

SEBI Directs FMIs to Self-Assess Compliance With PFMIs

By Ajoy K Das | 21/12/2023

Depositories and clearing corporations are directed to assess their compliance with the PFMIs on a periodic basis and report the results to SEBI.

Market Infrastructure

Hong Kong to Revive Immigration Scheme for Investors

By Nithya Subramanian | 21/12/2023

The minimum investment stands at HK$30mn and includes a mandatory financial commitment to bolster local technology and innovation.

Fintech / Regtech

Data Protection Rules in China: An Ongoing Cycle of Reinvention

By Jingyuan Shi | 21/12/2023

Jingyuan Shi discusses China’s changing rules on cross-border data transfer and examines the extra-territorial implications.

Market Infrastructure

ACCC Responds to Government’s Merger Reform Proposals

By Editors | 21/12/2023

ACCC Chair Gina-Cass-Gottlieb said the government’s proposals for merger reform aren’t sufficient and that the ACCC’s own proposal would achieve the “right balance”.