Market Infrastructure

Crypto / Digital Assets

Reducing Settlement Cycles – An Asia Pacific Perspective

By Philippe Dirckx | 09/12/2019

Should the decision be taken to further reduce the settlement period, a number of challenges will have to be overcome, says Senfinasia founder Philippe Dirckx.

Market Infrastructure

Japan, Indonesia Agree to Local Currency Settlement for Trade, Investment

By Editors | 06/12/2019

Japan and Indonesia have agreed on a local currency settlement deal that will allow the use of the yen and rupiah to settle bilateral trade and direct investment transactions.

AML / KYC

India’s Cabinet Approves Personal Data Protection Bill

By Editors | 06/12/2019

Under the bill, major violations of data privacy norms can be penalised with jail terms, or monetary fines up to 150 million rupees or 4% of a company’s worldwide turnover, whichever is higher.

Market Infrastructure

APRA Proposes Overhaul of Bank Data Transparency Norms

By Garima Chitkara | 06/12/2019

APRA, in a letter to the industry, has proposed plans for classifying all data collected from banks for its quarterly publications to be considered non-confidential and publishable.

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.