MARKET INFRASTRUCTURE

Market Infrastructure

SEBI to Introduce Optional T+1 Settlement Cycle from January

By Editors | 08/09/2021

Stock exchanges may choose to offer T+1 settlement on any scrip, after providing the market advance notice of at least one month.

Market Infrastructure

China, Indonesia Launches Local Currency Settlement Framework

By Sanday Chongo Kabange | 08/09/2021

Bank Indonesia has also recently expanded its local currency settlement frameworks with Japan, Malaysia and Thailand.

Market Infrastructure

Greater Bay Wealth Connect Launch Imminent

By Manesh Samtani | 07/09/2021

An announcement may come as early as Friday, ahead of a formal launch on the first Monday after China’s Golden Week holiday.

Securities / Derivatives

HKEX to Roll-out New Workflow for Derivatives Position Adjustments

By Editors | 07/09/2021

The enhancement will allow clearing participants to submit position adjustments requests directly at DCASS Online, replacing the existing paper-based workflow.

Market Infrastructure

ASIC Issues Final Guidance on Breach Reporting Obligations

By Sanday Chongo Kabange | 07/09/2021

Licensees should have in place clear, well-understood and documented processes for identifying, recording, assessing, escalating and reporting breaches.

Market Infrastructure

S. Korea: New FSC, FSS Chiefs to Rebuild Cooperative Relations

By Sanday Chongo Kabange | 07/09/2021

The new chiefs of the FSC and FSS held their first official meeting since taking office. They pledged to unite on issues such as household debt and Covid-19.

Market Infrastructure

Singapore Minister Urges FIs to Pursue International Postings

By Manesh Samtani | 07/09/2021

MAS will extend the funding duration from 3 to 6 months for the overseas component of its Finance Associate Management Scheme starting next year.

Market Infrastructure

Hainan to Pilot Cross-Border Asset Management Trials

By Sanday Chongo Kabange | 06/09/2021

Hainan’s also plans also launch QFLP and QDLP trials and enhanced currency convertibility to facilitate cross-border trade and investment.

Market Infrastructure

CSRC Issues Draft Rules for Beijing Stock Exchange

By Editors | 06/09/2021

SMEs trading on the NEEQ for at least 12 months will qualify to list on the Beijing Stock Exchange, which will adopt the registration-based IPO system.