MARKET INFRASTRUCTURE

    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.

    Crypto / Digital Assets

    Deutsche Börse Goes Live With Digital Securities Platform

    By Editors | 21/09/2022

    The D7 platform allows FIs to issue digital financial instruments, providing an alternative to conventional physical issuance and securities processing.

    Crypto / Digital Assets

    Nasdaq Establishes New Digital Assets Business

    By Editors | 21/09/2022

    The technology that underpins the digital asset ecosystem has the potential to transform markets over the long-term, says Nasdaq’s Adena Friedman.

    Crypto / Digital Assets

    HKMA to Start Retail CBDC Trials in Q4 This Year

    By Manesh Samtani | 21/09/2022

    The trials will involve banks, payment companies and other technology firms to study the use of the e-HKD in a limited setting.

    Fintech / Regtech

    BOT Details Plans to Upgrade Payment Systems

    By Editors | 21/09/2022

    The plans include the development of PromptBiz, a digital payment infrastructure system for the business sector.

    ESG / Sustainability

    Common Ground Taxonomy: An Analytical Tool

    By Manesh Samtani | 20/09/2022

    The HKGFA is looking to address misconceptions about the EU-China Common Ground Taxonomy and how it is meant to be used, says Chaoni Huang.

    Securities / Derivatives

    CFTC Issues No-Action Letter to TAIFEX on Swaps Clearing

    By Editors | 19/09/2022

    The no-action letter will facilitate access for US persons to swaps clearing in Taiwan while TAIFEX’s application for an exemption from DCO registration is pending.

    Market Infrastructure

    Bangladesh Allows Banks to Maintain Nostro Accounts in CNY

    By Editors | 19/09/2022

    The move will reduce Bangladesh’s reliance on the US dollar in foreign trade transactions and save costs for businesses.

    Market Infrastructure

    Chinese State Banks Coordinate Cut in Deposit Rates

    By Editors | 18/09/2022

    The coordinated move suggests the PBOC may have directed lenders to lower their deposit rates, which reduces bank funding costs and enables more lending.

    AML / KYC

    US Unveils Comprehensive Plans for Regulating Digital Assets

    By Manesh Samtani | 18/09/2022

    Reports released by the White House, Treasury, Commerce and DOJ will help ensure a coordinated and comprehensive approach to digital assets policy.

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