MARKET INFRASTRUCTURE

    Market Infrastructure

    India: IFSCA Seeks to Merge GIFT City Exchanges – Report

    By Editors | 10/08/2022

    IFSCA is reportedly seeking to execute a merger between India INX and NSE IFSC, which are subsidiaries of BSE and NSE respectively.

    Market Infrastructure

    New Rules on Bookbuilding & Placing Activities Take Effect in Hong Kong

    By Manesh Samtani | 10/08/2022

    The new requirements represent the “most significant” regulation of debt primary markets in Asia-Pacific in recent memory, ICMA said in its latest quarterly report.

    Market Infrastructure

    China to Remove Foreign Ownership Cap for Insurance AMCs

    By Editors | 10/08/2022

    The CBIRC said a 25 percent cap on foreign ownership of insurance asset management companies will be scrapped on 1 September.

    Market Infrastructure

    China Regulators Concerned of Shadow Banking Resurgence

    By Editors | 09/08/2022

    China’s National Audit Office has been reviewing the books of at least 20 trust firms. The CBIRC is strengthening its risk monitoring.

    Market Infrastructure

    Australia Issues Revised Cyber Resilience Testing Framework

    By Editors | 09/08/2022

    The updated version of the CORIE framework follows the CFR’s endorsement of a plan for the wider rollout of the programme.

    AML / KYC

    FSB Gives Full Support to Wide LEI Use in Global Payments

    By Clare Rowley | 09/08/2022

    The FSB’s recommendation that the LEI should be used more widely in payments will catalyze increased global LEI adoption, says GLEIF’s Clare Rowley.

    Securities / Derivatives

    SEHK Migrates Systems to New SSE Trading Gateway

    By Editors | 09/08/2022

    The Shanghai Stock Exchange’s new trading gateway was introduced to “ensure the safe and compliant operation of member transactions and related systems” and prevent trading risks.

    Market Infrastructure

    SEBI Forms Dedicated Committee to Advice on FPI Policy

    By Editors | 09/08/2022

    The committee will advise increasing FPI participation in Indian markets. FPIs are currently coping with a transition to T+1 settlement in the country.

    Market Infrastructure

    CPMI-IOSCO Explores How CCPs Address Non-default Losses

    By Editors | 08/08/2022

    New paper aims to help advance industry efforts and dialogue on the concepts and processes used by CCPs to address losses from non-default events, such as cyber attacks.

    Securities / Derivatives

    HKEX Launches Compression Service for OTC Derivatives

    By Editors | 08/08/2022

    OTC Clear’s multilateral compression service was introduced on Monday in cooperation with TriOptima.

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