MARKET INFRASTRUCTURE

Market Infrastructure

MAS Unveils Initiatives to Open Access to China ETFs, Bonds

By Editors | 29/12/2021

SGX and SZSE have signed an MoU to establish an ‘ETF Connect’ mechanism. SGX is also in discussions with CFETS to establish bond market connectivity.

ESG / Sustainability

FSC Korea Sets Out Work Programme for 2022

By Mark Johnston | 29/12/2021

The work plan focuses on measures to maintain financial stability, reduce debt risks, promote financial innovation, and enhance the FSC’s rules on network security.

Market Infrastructure

Taiwan FSC Raises Cybersecurity Expectations in Capital Market

By Darien Choong | 28/12/2021

Securities and futures companies have to disclose more information on cyber incidents. Listed companies have to strengthen cybersecurity management.

Market Infrastructure

CBSL Issues Technology Risk Management Rules for Banks

By Duruthu E Chandrasekera | 28/12/2021

The rules require banks to establish an Information Security Committee, chaired by the CEO, to assess the strategic and operational management of the technology risk.

ESG / Sustainability

BNM Drafts New Rules on Climate Risk Management, Scenario Analysis

By Manesh Samtani | 28/12/2021

A gap analysis and implementation plans must be submitted to BNM within six months from the issuance of the final policy document, expected on 1 June 2022.

Market Infrastructure

Indonesian Regulators Publish LIBOR Transition Guide

By Editors | 28/12/2021

The guide recommends five steps for market participants with LIBOR exposures, to help them respond to and prepare for the transition.

Market Infrastructure

Hong Kong, Mainland Exchanges to Include ETFs in Stock Connect

By Editors | 28/12/2021

Eligible ETFs will be included in Stock Connect. Business and technical preparations are expected to take about six months to complete.

Fintech / Regtech

Bank Indonesia Launches New Fast Payments System, BI-Fast

By Sanday Chongo Kabange | 24/12/2021

BI-Fast lowers the interbank transfer fee, set at IDR 2,500 (USD 0.18) per transaction, down from the usual IDR 6,500 fee for interbank transfers. 21 banks have so far enrolled on BI-Fast.

Market Infrastructure

HKMA Moves to Reduce LIBOR-related Reporting Frequency

By Editors | 24/12/2021

The move from monthly reporting back to quarterly reporting means the next reporting position after December 2021 will be March 2022.