Market Infrastructure

Big Picture

DTCC Calls For Coordinated Effort on DLT Security Framework

By Editors | 14/02/2020

DTCC is calling for a cross-sectoral, coordinated strategy around the development of a principles-based framework to identify and address DLT-specific security risks.

Fintech / Regtech

ASX is Transforming Entire Technology Stack, says CEO

By Editors | 14/02/2020

Managing director and CEO Dominic Stevens said ASX’s strategy is not just about replacing CHESS or upgrading the futures trading system; the bourse is transforming its entire technology stack.

Market Infrastructure

IMF, MAS Offer Guidance on Assessing Cyber Risk

By Manesh Samtani | 12/02/2020

A new IMF-MAS paper presents data sources and methods that can be used to analyse and assess cyber risk, illustrated with applications to Singapore.

Market Infrastructure

RBI Proposes Authorisation of New Retail Payment Systems

By Editors | 12/02/2020

The draft framework is said to be aimed at addressing concerns that the NPCI has become ‘too big to fail’ and presents increased concentration risk.

Enforcement

US Charges 4 Chinese Military Officers for Equifax Hack

By Editors | 12/02/2020

The four Chinese nationals are charged for breaking into Equifax’s computer systems to steal US citizens’ personal data and sensitive trade secrets.

Market Infrastructure

Indian Banks Association Pushes for LIBOR Transition Readiness

By Editors | 12/02/2020

The IBA has written to companies asking them to assess the impacts that the LIBOR phase-out will have on their businesses, and to prepare accordingly.

Market Infrastructure

Hong Kong Considers Reforms to Data Privacy Laws

By Editors | 12/02/2020

Key recommendations include higher penalties for breaches, mandatory data breach notifications, and a requirement for clear personal data retention policies.

Market Infrastructure

China Green Lights Mastercard JV to Enter Bank Card Clearing Market

By Editors | 12/02/2020

The approval follows a commitment from China to expedite pending licence applications from US payments providers as part of the phase one trade deal.

Fintech / Regtech

Federal Reserve Explores Feasibility of US Dollar CBDC

By Editors | 11/02/2020

The Fed is exploring policy and design issues, legal considerations, and financial stability and resilience implications, governor Lael Brainard says.