Market Infrastructure

Securities / Derivatives

ISDA Urges Hong Kong SFC to Reconsider Capital Rules

By Manesh Samtani | 16/10/2025

ISDA called for key amendments to Hong Kong's proposed capital framework, citing the need for pragmatism and alignment.

Fintech / Regtech

Japan Launches Latest Cross Industry Cybersecurity Exercise with 177 Firms

By Sanday Chongo Kabange | 15/10/2025

This 10th annual exercise includes drills for data breaches, asset outflows, and a 'blind' scenario for banks to test industry resilience.

Securities / Derivatives

ESMA Finalises Key Reforms for EU Move to T+1 Settlement

By Manesh Samtani | 15/10/2025

The proposals mandate new deadlines for trade allocations, automated CSD functions, and enhanced reporting, with a phased implementation leading to October 2027.

Securities / Derivatives

Swiss Court Rules Credit Suisse AT1 Bond Wipeout Was Unlawful

By Manesh Samtani | 15/10/2025

The court found the CHF 16.5 billion write-down lacked a legal basis, boosting investor hopes for compensation in a landmark ruling.

Securities / Derivatives

IMF Warns Nonbank Growth Poses New Financial Stability Risks

By Manesh Samtani | 15/10/2025

The IMF's latest Global Financial Stability Report highlights growing bank-nonbank links and calls for enhanced supervision and liquidity management tools.

Market Infrastructure

Indonesia Mulls Transforming Bali into Regional Financial Hub

By Nithya Subramanian | 14/10/2025

The Indonesian government plans to transform Bali into a regional financial hub, combining tax incentives and lifestyle advantages in an effort to rival Singapore and Dubai.

ESG / Sustainability

India’s IFSCA Sets Norms for Appointing Independent Directors at MIIs

By Nithya Subramanian | 14/10/2025

The new framework requires PIDs to have expertise across capital markets, mandates regulator approval for all appointments, and introduces annual performance reviews.

Securities / Derivatives

HKEX Launches Dubai Unit to Develop Sustainable Metals Market

By Sanday Chongo Kabange | 14/10/2025

The new Dubai subsidiary will independently administer prices for sustainable metals, using a transaction-based methodology to establish 'green' premia.

Market Infrastructure

Malaysia to Mandate New Islamic Benchmark Rate from July 2027

By Editors | 14/10/2025

BNM will replace the KLIRR with the MYOR-i, the world's first transaction-based Islamic rate, in a major structural reform.