ADVERTISEMENT
Market Infrastructure
Australia Proposes Measures to Improve Competition in Clearing and Settlement
By Sanday Chongo Kabange | 24/03/2023
ASIC will gain rule-making and enforcement powers and the ACCC arbitration powers, enabling them to enhance competition in the provision of clearing and settlement services.
Securities / Derivatives
No Active Negotiations to Resolve India CCP Issue: ESMA
By Editors | 23/03/2023
EU banks will face a 1,250% risk weight on exposures to Indian CCPs after April. French and German regulators have given their banks 18 extra months to terminate Indian CCP memberships.
Fintech / Regtech
BIS Innovation Hub Completes Project Nexus Proof-of-Concept
By Editors | 23/03/2023
The next phase of Nexus will connect the instant payment systems of Singapore, Indonesia, Malaysia, Philippines and Thailand.
ESG / Sustainability
StoneX, ACX Launch US Digital Carbon Marketplace
By ESG Investor | 23/03/2023
Financial services firm StoneX and Singapore-based AirCarbon Exchange have signed an agreement to create a US-based digital carbon marketplace.
Market Infrastructure
China Plans to Allow Foreign FIs to List Domestically
By Editors | 22/03/2023
Foreign-funded institutions have become an “indispensable part” of the domestic financial system, said top official Lou Jiwei.
Market Infrastructure
Migration to ISO 20022 Message Standard Commences
By Editors | 22/03/2023
This marks a significant milestone for the payments industry and the start of a coexistence period until November 2025, Swift said.
Market Infrastructure
EU Announces Smooth Launch of New T2 RTGS System
By Editors | 22/03/2023
The new T2 system comprises an RTGS system, a central liquidity management tool, and leverages the ISO 20022 message standard.
Market Infrastructure
JBATA Finalises Fallback Methodology for TIBOR Contracts
By Manesh Samtani | 21/03/2023
JBATA has finalised the fallback provisions for cash products referencing JPY TIBOR or Euroyen TIBOR. The changes will take effect on 1 April.
Market Infrastructure
CSRC Issues Draft Rules to Advance Derivatives Market Development
By Editors | 21/03/2023
The rules encourage central clearing and pave the way for new margin and reporting requirements for non-centrally cleared derivatives.
Capital / Liquidity
Swiss Regulators Orchestrate UBS Takeover of Credit Suisse
By Manesh Samtani | 20/03/2023
The deal gives Credit Suisse shareholders shares in UBS worth just 40 percent of what their CS shares were worth on Friday.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team