Market Infrastructure

Market Infrastructure

CSRC Issues Technology Standards for Securities, Futures Firms

By Editors | 26/11/2022

Seven new standards include guidance to help firms improve information security, protect key data including client information, and ensure the continuity of their IT services.

Market Infrastructure

UK Finalises South Korea Data Adequacy Decision

By Editors | 25/11/2022

UK organisations will be able to securely share personal data, including credit information, with South Korea before the end of the year.

Market Infrastructure

India Publishes New Data Protection Bill for Consultation

By Manesh Samtani | 25/11/2022

The bill will ease India’s data localisation requirements, allowing data fiduciaries to transfer personal data to countries that are approved by the government.

Market Infrastructure

Swap Connect Launch Facing Likely Delay – Report

By Editors | 25/11/2022

Opening China’s USD 5 trillion swap market to foreign investors will enable them to better manage interest rate risks arising from Chinese bond investments.

ESG / Sustainability

HKEX Carbon Marketplace ‘Well Received’ by Market

By Editors | 24/11/2022

In the four weeks since its launch, Core Climate has recorded more than 40 trades, representing around 400,000 tonnes of carbon credits.

Market Infrastructure

ESMA to Simplify Cash Penalties Process Under CSDR

By Editors | 24/11/2022

The amendments simplify the cash penalties process by putting CSDs in charge of collection and distribution, including for CCP-cleared transactions.

Market Infrastructure

UK FCA Publishes Consultation on Synthetic USD LIBOR

By Manesh Samtani | 24/11/2022

The FCA proposes that the 1-, 3- and 6-month USD LIBOR settings will be published under a synthetic methodology until end September 2024.

Big Picture

ASIFMA Offers Recommendations for Korean Capital Markets

By Manesh Samtani | 23/11/2022

ASIFMA offers three recommendations to further strengthen Korea’s capital markets and improve access for global institutional investors.

Market Infrastructure

SFC Proposes Further Changes to Position Limit Regime

By Editors | 23/11/2022

The SFC proposes to expand the list of specified contracts and introduce an excess position limit regime for clearing participants.