Market Infrastructure

Market Infrastructure

NZ FMA Issues Guidance on Financial Sector Cyber Resilience

By Editors | 24/06/2022

The financial services sector recorded more cyber incidents than all other industries in New Zealand in the quarter ending March.

Securities / Derivatives

SFC Cites Conduct, Technology and Climate as Key Priorities

By Editors | 23/06/2022

The SFC’s latest annual report highlights work to enhance book building and placing practices, regulate fund trustees and custodians, and enhance climate disclosure for fund investors.

Market Infrastructure

Korea Post Offices to Start Offering Simple Banking Services

By Sanday Chongo Kabange | 22/06/2022

Korea’s post offices will start offering deposit, withdrawal, balance inquiry and ATM services of four banks – Kookmin, Shinhan, Woori and KEB Hana.

Fintech / Regtech

NPCI, Lyra Network Sign MOU to Allow UPI Payments in France

By Editors | 22/06/2022

The MOU will allow Indians to make payments in France using UPI and Rupay cards at terminals and ATMs provided by Lyra Networks.

Market Infrastructure

Hong Kong Travel Restrictions Hindering Wealth Connect – Reports

By Sanday Chongo Kabange | 22/06/2022

Wealth Management Connect had attracted only 0.3 percent of the total quota since its inception in October. HKIFA calls for an end to quarantine rules.

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.