Market Infrastructure

Market Infrastructure

BSP Designates Two More Systemically Important Payment Systems

By Mark Johnston | 14/03/2022

The Philippine Domestic Dollar Transfer System and the PHP-USD Payment versus Payment System have been designated systemically important.

Market Infrastructure

UPDATED – US LIBOR Legislation Advances in Omnibus Bill

By Editors | 11/03/2022

The bill is based on legislation that passed the House in December, and is similar to a law enacted by New York state and others in the past year.

Market Infrastructure

ASIC Updates Market Integrity Rules and 10 Rule Books

By Ranamita Chakraborty | 11/03/2022

From 10 March 2023, financial markets and participants will have to comply with new technological and operational resilience rules.

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.