Market Infrastructure

    Crypto / Digital Assets

    BIS Innovation Hub Releases mBridge Report, Sets Out Next Steps

    By Editors | 27/10/2022

    The mBridge project team will continue working to get to a minimum viable product that can be used by early adopters next year.

    Market Infrastructure

    ASIC Offers Conduct Guidance to Wholesale Market Participants

    By Mark Johnston | 26/10/2022

    Fixed income dealers should establish clear prohibitions on the use of unapproved communication channels, ASIC says.

    Capital / Liquidity

    China Regulator Queries Banks About Yuan Declines

    By Editors | 26/10/2022

    SAFE is surveying banks about sharp yuan declines amid concerns that some market participants may be “maliciously shorting” the currency.

    Market Infrastructure

    UK Regulator Directs CRAs to Fix Governance Gaps

    By Sanday Chongo Kabange | 26/10/2022

    Credit rating agencies have until 30 January 2023 to submit action plans to the FCA on how they will rectify governance issues.

    Crypto / Digital Assets

    Five Key Points From the FSB’s Review Of Crypto Assets

    By John Ho | 25/10/2022

    John Ho and Arushi Goel outline five key takeaways from the FSB’s proposals for regulating crypto assets and so-called global stablecoins.

    Market Infrastructure

    HK AFRC Seeking Fast-track Access to Mainland Audit Papers

    By Editors | 25/10/2022

    The AFRC is working closely with China’s MOF to explore ways to streamline the process for gaining access to mainland audit documents.

    Fintech / Regtech

    HKMA Officially Launches Commercial Data Interchange

    By Sanday Chongo Kabange | 24/10/2022

    The new platform will enable SMEs to get cheaper bank loans, and enable banks to access the information they need to assess creditworthiness.

    Securities / Derivatives

    ASX Sets Out Measures for Handling Future Outages

    By Editors | 24/10/2022

    ASX will consult on a new automated service that can provide greater certainty about trade and order status, and a new ‘Cancel Only’ session state.

    Capital / Liquidity

    India: ISDA Requests Details on CCIL’s Proposed UMR Services

    By Editors | 24/10/2022

    ISDA has responded to CCIL proposals to create a margining and collateral service for non-centrally cleared OTC derivatives trades in India.

    Big Picture

    BIS Innovation Hub, HKMA Publish Project Aurum Findings

    By Editors | 24/10/2022

    A two-tier prototype system was developed to test intermediated CBDC as well as stablecoins backed by CBDC in the interbank system.

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