Market Infrastructure

Market Infrastructure

Refinitiv Consults on Features of Term €STR Rate

By Editors | 29/06/2023

Following the consultation and pending necessary approvals, Refinitiv intends to transition the prototype rate into a regulated production rate.

ESG / Sustainability

MAS Issues Consultation to Include Coal Phaseout in Taxonomy

By Editors | 28/06/2023

MAS decided to issue a fourth consultation to include criteria for coal phaseout projects in the Singapore-Asia Taxonomy.

Securities / Derivatives

SFC to Further Enhance Market Connectivity With Mainland

By Manesh Samtani | 28/06/2023

SFC chief Julia Leung said at an ASIFMA event that new Mainland-based derivatives contracts will be launched in Hong Kong.

Securities / Derivatives

HKEX Says New IPO Settlement Platform Will Launch in October

By Manesh Samtani | 28/06/2023

HKEX has completed external user testing for the launch of FINI, which will shorten IPO settlement times from five to two days.

Market Infrastructure

ASX CHESS Replacement Project Under Continued Scrutiny

By Sanday Chongo Kabange | 28/06/2023

ASIC chair Joe Longo said ASX had an “engagement problem” and that officials were working to boost oversight of the CHESS replacement project.

Market Infrastructure

Australia Finalises Review of ASIC Funding Model

By Sanday Chongo Kabange | 28/06/2023

The review recommends that ASIC enhance its reporting, transparency and consultation arrangements on the industry funding model.

Market Infrastructure

SEBI to Introduce ‘UPI Block Facility’ for Equity Trading

By Editors | 26/06/2023

The facility allows investors to use blocked funds in their bank accounts for trading, instead of transferring them to the stock broker upfront.

Market Infrastructure

Australia Passes Bill to Establish Compensation Scheme of Last Resort

By Sanday Chongo Kabange | 25/06/2023

The CSLR will facilitate the payment of up to A$150,000 in compensation for financial services consumers who have unpaid determinations from AFCA.

Market Infrastructure

FSC Korea Approves Financial Hub Development Plan

By Sanday Chongo Kabange | 23/06/2023

The financial hub development plan outline measures the FSC will undertake to promote financial hubs in South Korea.