MARKET INFRASTRUCTURE

Crypto / Digital Assets

FSB Plenary Highlights Continued Financial Stability Concerns

By Editors | 03/07/2022

The FSB expressed concerns over the outlook for financial stability, volatility in commodity markets, and strains in crypto-asset markets.

Enforcement

SEBI Fines NSE, Officials, Brokers in Colocation Case

By Editors | 02/07/2022

SEBI fined the NSE, five officials, Sampark Infotainment, two brokerage firms and nine other individuals connected to the case.

Market Infrastructure

China Proposes New Cross-Border Data Transfer Mechanism

By Editors | 01/07/2022

Eligible companies can transfer data across borders by signing standard contracts with overseas recipients that align with China’s data protection law.

ESG / Sustainability

GFXC Launches New Tool to Drive Adoption of FX Global Code

By Editors | 01/07/2022

The new web-based prototype tool will reduce the barriers to signing the Code and encourage adoption by more buy-side firms.

Market Infrastructure

FMSB Publishes Best Practices for Trading Platform Disclosures

By Editors | 30/06/2022

Trading platform arrangements should contain information about trading protocols, counterparty name disclosure, prioritisation, use of last look, and trade dispute resolution.

Fintech / Regtech

JPX Launches Real-time Calculation of Key TSE Indices

By Editors | 28/06/2022

The TSE’s prime, standard and growth market indices are being calculated every 15 seconds from 27 June instead of once a day.

Fintech / Regtech

RBI Issues Draft Rules on Managing IT Outsourcing Risks

By Sanday Chongo Kabange | 28/06/2022

Regulated entities don’t require specific approvals to outsource IT services, but appropriate policies and a risk management framework must be in place.

Market Infrastructure

BIS Warns Central Banks of Inflation Threat

By Editors | 28/06/2022

The BIS warns that the dangers of stagflation “loom large” due to lingering disruptions from the pandemic, the war in Ukraine, and soaring commodity prices.

Fintech / Regtech

China Tightens Anti-Monopoly Rules to Improve Oversight

By Editors | 28/06/2022

The amendments seek to encourage innovation while also protecting fair competition in the market, incuding by raising penalties for monopolistic behaviour.