Market Infrastructure

Capital / Liquidity

FSB Proposes Toolbox of Financial Resources and Tools for CCP Resolution

By Editors | 21/09/2023

New consultation report proposes a “toolbox approach” as a global standard for CCP financial resources and tools for resolution.

Enforcement

Australia Proposes Reforms After PwC Tax Leak Scandal

By Sanday Chongo Kabange | 21/09/2023

Australia has commenced consultations on draft legislation to strengthening the integrity of the tax system and increasing the power of regulators.

Market Infrastructure

Tokyo Bourse Announces Decision to Extends Trading Hours

By Editors | 21/09/2023

The TSE will extend the closing time from 3pm  to 3.30pm, coinciding with the launch of Arrowhead 4.0 on 5 November 2024.

Market Infrastructure

JSCC Allows MTFs and SEFs to Clear Swaps Without Take-up Process

By Editors | 21/09/2023

Tradeweb said the decision to replace the “time-consuming and redundant” take-up process will enable clients to benefit from fully automated workflows.

Market Infrastructure

PBOC Promises Better Business Environment for Foreign Firms

By Editors | 20/09/2023

PBOC governor Pan Gongsheng said China will continue to open up its market for global businesses and create a more business friendly environment.

Crypto / Digital Assets

Major FMIs to Collaborate on Digital Assets Development

By Editors | 20/09/2023

DTCC, Clearstream and Euroclear will work to improve standardisation and interoperability in the industry, focusing on real-money assets.

ESG / Sustainability

Indonesia to Launch Carbon Exchange Next Week

By Editors | 19/09/2023

IDX will be the operator of the new carbon exchange. OJK said the launch will mark a “new chapter” in Indonesia’s efforts to reduce GHG emissions.

Market Infrastructure

NZX Consults On Introduction of Exchange-delivered Dark Pool

By Sanday Chongo Kabange | 14/09/2023

‘NZX Dark’ will provide an alternative venue for investors to execute large transactions with anonymity and price improvement.

Market Infrastructure

Bloomberg Issues Consultation on Potential Cessation of BSBY

By Manesh Samtani | 14/09/2023

In July, IOSCO effectively declared BSBY non-compliant. The administrator is now seeking feedback on whether to stop publishing the rate.