MARKET INFRASTRUCTURE

Market Infrastructure

FIX Attains ISO Standardisation for Two Standards

By Editors | 22/06/2022

Participants will benefit from higher quality standards documents, which will lead to improved interoperability between implementations.

Crypto / Digital Assets

BIS Vision for Monetary System Doesn’t Include Crypto

By Manesh Samtani | 21/06/2022

BIS says crypto and DeFi have structural limitations and inherent risks that make them unsuitable for the future digital monetary system.

ESG / Sustainability

Hong Kong Advances Work to Develop Green Finance Capacity, Talent

By Editors | 21/06/2022

Hong Kong will develop a GHG emissions estimation tool, a green classification framework, and adopt the ISSB standards when they’re ready.

Market Infrastructure

HKEX to Enhance Clearing Flexibility for Stock Trades – Report

By Editors | 21/06/2022

HKEX plans to allow market participants to appoint multiple clearing banks for stock trades, a move already made for futures traders.

Market Infrastructure

India Designates IT Resources of ICICI, HDFC, NPCI “Protected Systems”

By Editors | 21/06/2022

Unauthorised persons securing or attempting to secure access to protected systems can be jailed for up to ten years and liable for a fine.

Fintech / Regtech

PBOC Accepts Ant Group’s FHC Licence Application – Report

By Editors | 21/06/2022

Ant Group is reportedly aiming to file a preliminary IPO prospectus as early as next month, subject to regulatory feedback on its financial holding company setup.

Market Infrastructure

LCH Extends Central Clearing for SORA Derivatives to 31 Years

By Editors | 21/06/2022

The extension will encourage further development of the SORA derivatives market and deepen liquidity in longer tenors of SORA OIS.

Securities / Derivatives

LME to Introduce New Reporting Requirements on 18 July

By Editors | 20/06/2022

A lack of transparency in OTC positions was a key reason the LME struggled to manage the turbulent nickel trading earlier this year.

Enforcement

RBI Releases Mastercard from Restrictions Imposed Last Year

By Editors | 20/06/2022

Mastercard was barred from onboarding new domestic customers in July last year due to noncompliance with India’s data storage rules.