Market Infrastructure

Market Infrastructure

Australia Considers Consolidation of Payment Infrastructures

By Editors | 08/06/2020

An industry committee has been set up to explore the benefits of a consolidating the NPP, BPAY and eftpos – […]

Market Infrastructure

Chinese Regulators Respond to US Threat Against Hong Kong

By Manesh Samtani | 08/06/2020

The PBOC and CBIRC have offered assurances that Hong Kong’s status as an international financial centre will not be jeopardised under the new national security law.

AML / KYC

MAS Issues Consultation Response on FRC Framework

By Editors | 07/06/2020

Regulated entities will no longer need to seek MAS approval prior to commencing business arrangements with foreign related corporations; a 14-day ex-post notification will instead be required.

Market Infrastructure

Australia to Further Tighten Foreign Investment Approval Process

By Manesh Samtani | 07/06/2020

Under the new regime, a new “last resort power” will allow the Treasurer to force divestment on national security grounds even after approval is granted.

Fintech / Regtech

RBI Creates $66mn Fund to Boost E-Payments Infrastructure

By Editors | 07/06/2020

The RBI will initially contribute half of the funding; the rest will come from card-issuing banks and card networks, who will also cover operational expenses.

Fintech / Regtech

Sri Lanka SEC Approves Rules to Digitalise Stock Market

By Duruthu E Chandrasekera | 07/06/2020

Sri Lanka’s SEC has approved rules to enable electronic account opening, trading and settlement at the Colombo Stock Exchange.

Fintech / Regtech

JPX, JASDEC Select Use Cases to Test in DLT Project

By Editors | 04/06/2020

DLT will be tested to share fund, SSI, and corporate information; enhance compatibility among fund distribution networks; share stock borrowing and lending information.

Fintech / Regtech

Japan Megabanks to Collaborate on Cashless Payments

By Editors | 04/06/2020

The project will explore the use of electronic money and digital currency to make banks and cashless payments services interoperable, and could evolve into the introduction of the ‘digital yen’.

Market Infrastructure

Navigating Private Credit Markets Risks with Better Data

By Editors | 03/06/2020

Data has never been more essential to making informed decisions, particularly in private markets where internal data at financial institutions is typically thin.