MARKET INFRASTRUCTURE

Market Infrastructure

BSP Issues Draft Rules for Implementing National Payment Systems Act

By Editors | 26/04/2019

The Philippine central bank has issued a draft circular to support its new mandate as the primary regulator for the country’s payment systems.

Market Infrastructure

Japan OTC Derivatives Regime Deemed Equivalent Under EMIR

By Editors | 26/04/2019

The European Commission recognises Japan’s rules on valuation, dispute resolution and margin exchange for uncleared OTC derivative contracts as equivalent to EMIR.

Market Infrastructure

Shanghai, Switzerland to Explore Development of Stock Connect

By Editors | 25/04/2019

Under an updated MoU, the Shanghai Stock Exchange and SIX Swiss Exchange to explore the feasibility of developing a stock connect programme.

Market Infrastructure

Shenzhen, Thailand Stock Exchanges to Develop Cross Border Products

By Editors | 25/04/2019

An MoU sign by the SZSE and SET this week will facilitate the development of cross-border products such as ETFs, depositary receipts, indices and green finance products.

Market Infrastructure

China, Indonesia, India Slow to Finalise Close-Out Netting Reforms

By Garima Chitkara | 24/04/2019

In its April quarterly round-up, ISDA detailed efforts in the three jurisdictions to ensure legal certainty on close-out netting, seen to be a critical issue for derivatives market development.

Securities / Derivatives

MPF Needs Greater Access to China Markets – HKIFA

By Editors | 24/04/2019

Hong Kong fund managers are asking for Shanghai and Shenzhen to be included in the list of overseas markets approved for MPF investment.

Market Infrastructure

Technology to ‘Transform’ a Third of Singapore Finance Jobs – Study

By Editors | 24/04/2019

The main effect of technology will be to “transform” jobs in the financial industry, rather than create or destroy them, says an EY study commissioned by MAS and IBF.

Market Infrastructure

China, Japan Sign Agreement to Facilitate ETF Cross-Listings

By Editors | 23/04/2019

The Shanghai Stock Exchange and Japan Exchange Group have signed an ETF Connectivity Agreement to streamline investment in the each other’s markets.

Market Infrastructure

China Delays Data-Onshoring Rules Until After US Trade Talks

By Editors | 23/04/2019

China’s Cyber Security Law requires firms to keep personal and ‘important data’ onshore, but uncertainties around the rules and implementation timeline remain.