Market Infrastructure

Market Infrastructure

ASIC Directs ASX to Produce ‘Special Reports’ on CHESS System

By Sanday Chongo Kabange | 23/02/2023

The reports will help ensure ASX is adequately addressing findings from an external review, and whether any further regulatory action is warranted.

Market Infrastructure

14 European Exchanges Join Forces to Develop Consolidated Tape

By Editors | 22/02/2023

The participating exchange groups include Deutsche Boerse Group, Euronext, Nasdaq, and SIX Group, as well as the local exchanges in  several European cities.

Fintech / Regtech

ISO 20022 Adoption Benefits Banks and Their Clients

By Kevin Wong | 22/02/2023

The global implementation of the ISO 20022 standard beginning in March 2023 marks the start of an exciting new era for cross-border payments, says Kevin Wong.

Crypto / Digital Assets

FSB Highlights NBFI, Crypto and DeFi as Key Priorities for 2023

By Editors | 21/02/2023

In a letter to G20 ministers, FSB chair Klaas Knot discusses commodity market vulnerabilities and work to address DeFi/crypto risks and enhance cross-border payments.

Market Infrastructure

French, German Banks Get More Time to Solve India CCP Issue

By Mark Johnston | 21/02/2023

French and German regulators will give banks 18 extra months to find new ways to settle India trades, following ESMA decision to de-recognise Indian CCPs.

Market Infrastructure

BOE Sets Out Vision for UK Payments with RTGS Roadmap

By Mark Johnston | 21/02/2023

The BOE will improve its RTGS through a new core settlement engine, migration to ISO 20022 messaging, and build-in CBDC functionality.

Big Picture

CPMI Offers Guidance on Extending RTGS Operating Hours

By Editors | 21/02/2023

Extending RTGS system operating hours across jurisdictions would facilitate faster, cheaper, more accessible and more transparent cross-border payments.

Fintech / Regtech

Singapore, India Launch Real-time Payments Linkage

By Editors | 21/02/2023

The service is available in Singapore via DBS and Liquid Group, and in India via Axis Bank, DBS India, ICICI Bank, Indian Bank, Indian Overseas Bank and State Bank of India.

Market Infrastructure

PBOC Issues Draft Rules for Northbound Swap Connect Trading

By Editors | 20/02/2023

To participate in Swap Connect and trade interest rate derivatives with Mainland investors, foreign investors will need approval to access the interbank bond market.