Market Infrastructure

Fintech / Regtech

Singapore Brokerages to Enter Race for Digital Bank Licences

By Garima Chitkara | 04/12/2019

Domestic brokerages Phillip Securities and iFAST prepare to draw up applications digital banking licence to fend off competition from foreign entrants and domestic banks expanding into brokerage business.

ESG / Sustainability

Japanese Pension Fund Moves Against Short Sellers

By Editors | 04/12/2019

Japan’s Government Pension Investment Fund, the world’s largest, said it will no longer allow overseas shares to be lent out from its global equity portfolio.

Market Infrastructure

FMSB Drafts Good Practice Statement on Sovereign Bond Auctions

By Editors | 04/12/2019

The Statement of Good Practice seeks to identify some of the key conflicts of interest that can arise in sovereign and supranational auctions, and to set out measures to enhance market transparency.

Market Infrastructure

China Issues Measures to Clean Up Credit Ratings Industry

By Editors | 03/12/2019

The measures are part of China’s efforts to clean up the ratings industry and open up to foreign competition, in order to boost foreign participation in the domestic bond markets.

Market Infrastructure

MSCI Calls for Greater Market Reform in China

By Editors | 02/12/2019

The index provider has laid out market access concerns for Chinese authorities to resolve before any more Chinese A shares can be included in its indexes.

Market Infrastructure

FSB Releases Final Feedback on SME Financing Study

By Garima Chitkara | 02/12/2019

The FSB undertook a study to understand the impact of Basel III on bank financing of SMEs and found no material impact on their access to capital and credit.

Market Infrastructure

Japan Set to Consult on Reorganisation of TSE Boards

By Editors | 02/12/2019

The TSE will consult on the criteria for companies to move to the First Section, and measures to enhance the independence of listed subsidiaries from their parent companies.

Capital / Liquidity

China Publishes Draft Framework for D-SIB Assessments

By Editors | 28/11/2019

Moody’s says the regulation may widen credit divergences between large and small banks, as the latter are less likely to receive less government support.

Market Infrastructure

China Eyes Stronger Data Governance Standards for Financial Sector

By Editors | 28/11/2019

The China Banking Association is working to develop technology standards to facilitate data analysis, while also ensuring adequate security and data quality management.