MARKET INFRASTRUCTURE

Crypto / Digital Assets

Korean FIs Should Strengthen Ties with ASEAN Countries – FSS

By Editors | 22/04/2019

FSS first senior deputy governor Yoo Kwang-yeol in a closed door meeting told Korean financial institutions with units in Southeast Asian countries to offer more localised financial services.

Market Infrastructure

ISDA, FIA Respond to Singapore, Australia BMR Equivalence

By Manesh Samtani | 19/04/2019

The associations say a preferred approach would be to recognise Singapore’s and Australia’s regimes as a whole rather than the current benchmark-by-benchmark approach.

Market Infrastructure

Settlement Workflow Needs to be Fully Automated – DTCC

By Editors | 18/04/2019

Settlement processes are attracting more attention as regulators require shorter and more certain settlement, with potential penalties for noncompliance.

Fintech / Regtech

South Korea to Debut Open Banking in December

By Editors | 17/04/2019

Following two months of industry deliberation, the FSC has said the new open banking system will be piloted in October, and fully implemented in December.

Market Infrastructure

Global Financial Market Integration Requires More Policy Work

By Manesh Samtani | 17/04/2019

Additional policy work is needed to level the playing field for internationally active entities, according to Financial Stability Institute chairman Fernando Restoy.

Market Infrastructure

Hogan Lovells Releases APAC Data Protection, Cyber Security Guide

By Manesh Samtani | 16/04/2019

The guide offers a look at the key data protection and cyber security developments of 2018, expectations for the year ahead, and guidance for effective compliance.

Fintech / Regtech

India to Strengthen Digital Payments with Blockchain

By Editors | 15/04/2019

The National Payments Corporation of India is soliciting interested partners to build a blockchain-powered digital payments platform for the country.

Market Infrastructure

FRTB May Disadvantage Emerging Markets – ISDA

By Manesh Samtani | 15/04/2019

There is a need for supervisors to consider local specificities when implementing the framework in less developed markets, ISDA says.

Market Infrastructure

Beijing Municipal Government Seeks QDII, RQDII Expansion

By Editors | 15/04/2019

Beijing vice mayor Yin Yong says securities firms, fund managers and futures trading firms should be able to to invest outside China through the QDII and RQDII schemes.