MARKET INFRASTRUCTURE

Market Infrastructure

HKEX to Launch Derivatives Holiday Trading on 9 May

By Editors | 11/03/2022

The first suite of products to be added to Derivatives Holiday Trading will be all MSCI futures and options contracts.

Market Infrastructure

Philippine Regulators Issue Guidelines on Streamlining Bank M&As

By Sanday Chongo Kabange | 10/03/2022

Five agencies including the BSP and SEC will have a total 55 business days to process merger, consolidation, acquisition applications from banks.

Market Infrastructure

CBSL Devalues Currency After IMF Calls for Market-based Rates

By Duruthu E Chandrasekera | 10/03/2022

Sri Lanka’s official exchange rate has been effectively pegged to the USD since April 2021. The IMF called for a return to a market-determined and flexible exchange rate.

Market Infrastructure

PBOC Outlines Progress to Advance GBA Connectivity

By Darien Choong | 10/03/2022

About 20,000 investors from the GBA cities participated in the Wealth Management Connect programme by the end of 2021.

Market Infrastructure

CSA Singapore to Update Cybersecurity Act, Code of Practice

By Sanday Chongo Kabange | 09/03/2022

The updates will seek to address ransomware, cloud and 5G technology risks faced by critical information infrastructure sectors including banking & finance.

Market Infrastructure

BOJ Forms Cross-Industry Forum on Interest Rate Benchmarks

By Editors | 09/03/2022

The Forum will facilitate discussions on efforts to enhance the reliability of JPY interest rate benchmarks and practical issues related to the choice and usage of those benchmarks.

Fintech / Regtech

ASIC Reverses Plans to Extend ePayment Protections to Small Business

By Editors | 08/03/2022

ASIC will publish an updated ePayments Code in April, enhancing some consumer protections and extending those protections to payments made using the NPP.

Market Infrastructure

China to Establish Financial Stability Fund to Defuse Risk

By Editors | 08/03/2022

Premier Li Keqiang said at the NPC’s annual meeting that the government will also adopt measures to keep housing prices stable and strengthen financial regulation.

Market Infrastructure

Russian Banks Moving to China UnionPay for Card Issuance

By Manesh Samtani | 08/03/2022

Visa, Mastercard and American Express have all announced decisions to suspend their operations in Russia due to its invasion of Ukraine.