MARKET INFRASTRUCTURE

Market Infrastructure

Japan Commences Holiday Trading in Derivatives Market

By Editors | 25/09/2022

Holiday trading is now allowed on Osaka Exchange and TOCOM – for index and commodity futures and options.

Market Infrastructure

RBNZ, FMA Seeks Feedback on Draft FMI Standards

By Sanday Chongo Kabange | 25/09/2022

The FMI Standards are likely to be issued in early 2023 and take effect around 1 August 2023 – once FMI designations are complete.

Enforcement

China to Increase Penalties for Breaches of Cybersecurity Law

By Darien Choong | 24/09/2022

Operators of critical information infrastructure using products or services that have not undergone security evaluations will face fines of up to 5 percent of annual revenue.

Big Picture

DTCC Warns of Risks from Quantum Computing Technology

By Editors | 23/09/2022

DTCC outlines steps firms should take to prepare for the emergence of new post-quantum cryptography standards. Final standards are scheduled for 2024.

Big Picture

AFME Considers Implications of an EU Move to T+1 Settlement

By Editors | 23/09/2022

AFME acknowledges the benefits of T+1 settlement but calls for an industry task force to be set up to conduct a detailed assessment.

Securities / Derivatives

Tokyo, New York Bourses to Promote Cross-border Investment

By Editors | 23/09/2022

The NYSE and TSE will collaborate on product development, marketing, information sharing, and the use of digital technologies in market operations.

ESG / Sustainability

HKGFA Publishes Guidance on Using Common Ground Taxonomy

By Manesh Samtani | 23/09/2022

The Common Ground Taxonomy can be used for debt issuance, equity portfolio construction, index creation, company and fund disclosures, and policy settings.

Market Infrastructure

HKMA Signals Coming Enhancements to Wealth Connect Scheme

By Editors | 22/09/2022

Enhancements could include measures to improve sales arrangements, expand the product scope, and allow more financial institutions to participate.

Market Infrastructure

Refinitiv Commences Publication of USD IBOR Cash Fallbacks

By Editors | 22/09/2022

USD IBOR Cash Fallbacks will be used to transition loans, bonds and securitised products that reference LIBOR and will mature after 30 June 2023.