MARKET INFRASTRUCTURE

Capital / Liquidity

Singapore Can Withstand Severe Adverse Shocks: IMF

By Manesh Samtani | 17/07/2019

The IMF says Singapore’s financial system would continue to be resilient even under very adverse scenarios, but that foreign currency liquidity risk needs to be addressed.

Market Infrastructure

Singapore Bankers ‘Flooded’ With Inquiries from Hong Kong – Reports

By Editors | 16/07/2019

Following Hong Kong’s extradition bill protests, wealth managers and private banks have seen increased queries from clients looking to set up channels to move assets to Singapore.

Market Infrastructure

SGX RegCo Proposes Price Limits for Auction Mechanism

By Editors | 16/07/2019

SGX already uses dynamic circuit breakers during continuous trading, but there is currently nothing similar used during the opening, mid-day and closing auctions.

Market Infrastructure

Japan Completes Migration to T+2 Securities Settlement Cycle

By Editors | 16/07/2019

Japan has migrated to its new T+2 securities settlement cycle, on schedule, following a final successful migration rehearsal test over the weekend.

Market Infrastructure

MAS Raises Conduct Concerns in Financial Advisory Sector

By Editors | 15/07/2019

The MAS has commenced a review of the disciplinary frameworks at financial advisory firms, with a view to eventually sharing best practices and developing further guidance.

Market Infrastructure

CFTC Eases Foreign Clearinghouse Access to US Customers

By Manesh Samtani | 15/07/2019

An alternative compliance regime will be provided for non-US DCOs registered with the CFTC, while exempt DCOs will be allowed to offer clearing through foreign intermediaries.

Market Infrastructure

Japan FSA, CFTC Agree to Mutually Recognise Derivatives Platforms

By Editors | 15/07/2019

Certain FSA-regulated derivatives trading platforms will be exempt from the requirement to register with the CFTC, and the FSA will facilitate authorisation for CFTC-regulated platforms.

Market Infrastructure

FSB Seeks Industry Input on Cyber Incident Response and Recovery

By Editors | 15/07/2019

The survey will inform the FSB’s development of a toolkit of effective practices for responding to and recovering from cyber incidents.

Market Infrastructure

SGX Launches New Trading Engine from Nasdaq

By Editors | 15/07/2019

The upgrade standardises and unifies SGX’s operations, messaging and data infrastructure, enabling greater flexibility, speed and cost-efficiency when launching new products and services.