Market Infrastructure

Market Infrastructure

ASX Issues 2nd Consultation on Measures for Handling Outages

By Editors | 01/11/2022

ASX is seeking feedback on new order and trade download services, a ‘cancel only’ session state, and an intraday restart capability.

Fintech / Regtech

EU Commission Proposes New Rules on Instant Payments

By Manesh Samtani | 30/10/2022

Banks would be required to offer instant payments at the same cost as other credit transfers. Instant euro payments may later be expanded internationally.

AML / KYC

Australia: Budget Measures Provide Boost to Scam Prevention

By Editors | 30/10/2022

The budget also includes funding for APRA and ASIC to increase their staff numbers, an independent review of the carbon market, and the introduction of climate reporting standards.

ESG / Sustainability

HKEX Launches Carbon Market to Support Net Zero Transition

By Sanday Chongo Kabange | 30/10/2022

The new platform will allow participants to source, hold, trade, settle and retire voluntary carbon credits from internationally-certified carbon projects.

Market Infrastructure

China Eases Foreign Investment Access With New Catalogue, Incentives

By Editors | 30/10/2022

The catalogue lists 519 sectors in which foreign investment are encouraged. Measures to facilitate foreign investment and attract foreign talent were also announced.

Market Infrastructure

SWIFT Defers ISO 20022 Migration to March 2023

By Editors | 28/10/2022

The new start date is aligned with the ECB’s decision to delay the launch of T2. The new 20 March 2023 start date is “definitive”, SWIFT said.

Market Infrastructure

HKEX Suspends VCM on HSI Futures Due to Software Issue

By Editors | 28/10/2022

An external vendor is preparing a software update to fix an issue that caused the VCM to be inadvertently triggered on Tuesday.

Capital / Liquidity

BOK Offers More Measures to Stabilise Korean Markets

By Editors | 28/10/2022

BOK eased its collateral policies and opened a new repo facility. The FSC adjusted the loan-to-deposit ratio. KSFC and KDB are providing liquidity to securities firms.

Market Infrastructure

Don’t Overlook the Value of LEI

By Joseph Capablanca | 28/10/2022

DTCC’s Joseph Capablanca discusses the importance of the LEI for improving transparency, cutting costs, and reducing operational risk in the global financial industry.