Market Infrastructure

Market Infrastructure

CSRC Announces Top 12 Priorities to Deepen Reforms

By Editors | 12/09/2019

The priorities include encouraging more medium- and long-term funds to enter the market, improving the legal system, and strengthening supervision.

Market Infrastructure

IOSCO Recommends UTC as Standard Clock for Timestamping

By Editors | 12/09/2019

IOSCO is seeking feedback on a recommendation that all member jurisdictions use UTC as the standard reference time source for timestamping reportable events.

Market Infrastructure

ASIC Extends Licensing Relief for Foreign Firms Ahead of New Regime

By Editors | 12/09/2019

The extension of licensing relief allows foreign financial services providers just over six months to decide whether they will apply for the new foreign AFS licence.

Crypto / Digital Assets

HKEX Seeks ‘Unprecedented’ Market Connectivity Via LSEG Merger

By Manesh Samtani | 11/09/2019

HKEX chief Charles Li says the merger would create the most important investment platform and risk management infrastructure for the free flow of global capital between the East and West.

Securities / Derivatives

Euroclear to Establish Link with China Interbank Bond Market

By Editors | 10/09/2019

The link will seek to simplify the process for foreign investors accessing the China interbank bond market and bring its cross-border settlement mechanism in line with global standards.

Market Infrastructure

China to Scrap QFII, RQFII Quota Restrictions

By Editors | 10/09/2019

SAFE has announced it is removing its QFII and RQFII quota restrictions, as well as the country and region requirements for both schemes.

Market Infrastructure

Japan Regulators Seek Data on Financial Firms’ Risky Investments

By Editors | 10/09/2019

The BOJ and FSA are collecting data on financial firms’ holdings of collateralised loan obligations and leveraged loans to understand the risks they present.

Fintech / Regtech

Half of IT Budgets to Go to Cloud Services in 2020: Refinitiv

By Editors | 10/09/2019

Financial firms say public cloud projects are delivering better-than-expected cost reductions and enabling innovation, but data privacy and regulatory concerns are slowing adoption.

Fintech / Regtech

Singapore Streamlines Payment Firms’ Access to Legal Services

By Editors | 09/09/2019

The initiative will help connect the payments industry with specialist law firms through a streamlined process to help them comply with the new Payment Services Act.