Market Infrastructure

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.

Market Infrastructure

US Lawmakers Conclude Review Into Meme Stock Market Event

By Editors | 28/06/2022

A House committee says the SEC should introduce a liquidity rule for clearing brokers and FINRA should establish liquidity planning requirements.

Fintech / Regtech

Impacts of New PCPD Guidance on Cross-border Data Transfers

By Albert Yuen | 27/06/2022

FIs in Hong Kong should review whether their commercial agreements contain requirements equivalent to the recommended model contractual clauses, say Albert Yuen and Eunice Lee.

Market Infrastructure

Court Rules Foreign Banks Must Face LIBOR Lawsuits in US

By Editors | 26/06/2022

The Supreme Court has allowed lawsuits accusing foreign banks of manipulating LIBOR to be heard in New York even though the banks did not operate in the US.