Market Infrastructure

Market Infrastructure

Sri Lanka Passes New SEC Act to Bolster Capital Market

By Duruthu E Chandrasekera | 09/09/2021

SEC chairman Viraj Dayaratna described the new law as “futuristic”, saying it will help to increase market liquidity and attract foreign investment.

Market Infrastructure

IOSCO Says Credit Sensitive Rates Pose Financial Stability Risk

By Manesh Samtani | 09/09/2021

IOSCO says SOFR should be used in place of USD LIBOR and that it will be closely monitoring how the “IOSCO badge” is used in compliance assessments of credit sensitive rates.

Market Infrastructure

The Impact of MAS’ IAC Guidelines on Data Governance

By Irene Liu | 09/09/2021

Irene Liu and Catherine Lee discuss the applicability of MAS’ Guidelines on Individual Accountability and Conduct on data governance.

Market Infrastructure

HKMA Urges Continued Momentum in Bank Culture Efforts

By Manesh Samtani | 09/09/2021

Culture is the “invisible glue” that holds a bank together and assumes an even more critical role during the pandemic, says the HKMA’s Arthur Yuen.

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.