Market Infrastructure

Market Infrastructure

ASIC to Provide Industry Support on Breach Reporting Compliance

By Sanday Chongo Kabange | 10/08/2022

ASIC says it is aware of implementation challenges associated with the new breach reporting regime, and that it will work to help reduce the compliance burden.

Market Infrastructure

India: IFSCA Seeks to Merge GIFT City Exchanges – Report

By Editors | 10/08/2022

IFSCA is reportedly seeking to execute a merger between India INX and NSE IFSC, which are subsidiaries of BSE and NSE respectively.

Market Infrastructure

New Rules on Bookbuilding & Placing Activities Take Effect in Hong Kong

By Manesh Samtani | 10/08/2022

The new requirements represent the “most significant” regulation of debt primary markets in Asia-Pacific in recent memory, ICMA said in its latest quarterly report.

Market Infrastructure

China to Remove Foreign Ownership Cap for Insurance AMCs

By Editors | 10/08/2022

The CBIRC said a 25 percent cap on foreign ownership of insurance asset management companies will be scrapped on 1 September.

Market Infrastructure

China Regulators Concerned of Shadow Banking Resurgence

By Editors | 09/08/2022

China’s National Audit Office has been reviewing the books of at least 20 trust firms. The CBIRC is strengthening its risk monitoring.

Market Infrastructure

Australia Issues Revised Cyber Resilience Testing Framework

By Editors | 09/08/2022

The updated version of the CORIE framework follows the CFR’s endorsement of a plan for the wider rollout of the programme.

AML / KYC

FSB Gives Full Support to Wide LEI Use in Global Payments

By Clare Rowley | 09/08/2022

The FSB’s recommendation that the LEI should be used more widely in payments will catalyze increased global LEI adoption, says GLEIF’s Clare Rowley.

Securities / Derivatives

SEHK Migrates Systems to New SSE Trading Gateway

By Editors | 09/08/2022

The Shanghai Stock Exchange’s new trading gateway was introduced to “ensure the safe and compliant operation of member transactions and related systems” and prevent trading risks.

Market Infrastructure

SEBI Forms Dedicated Committee to Advice on FPI Policy

By Editors | 09/08/2022

The committee will advise increasing FPI participation in Indian markets. FPIs are currently coping with a transition to T+1 settlement in the country.