MARKET INFRASTRUCTURE

Fintech / Regtech

DTCC Provides Guidance on Post-Trade Processing for Crypto Assets

By Garima Chitkara | 14/03/2019

New paper offers guiding principles on the provision of post-trade services for crypto assets, including on the governance and risk management structures needed to protect market stability.

Market Infrastructure

Climate Change Poses Financial Stability Risk – RBA

By Editors | 14/03/2019

Financial stability could be put at risk from the physical impact of climate change and “an abrupt disorderly transition” to a low-carbon economy.

Market Infrastructure

MAS, CFTC Agree to Mutually Recognise Derivatives Venues

By Editors | 14/03/2019

The agreement enables US and Singapore OTC derivatives participants to trade with one another on the same platforms, allowing for more efficient risk management.

Market Infrastructure

China Foreign Stock Ownership Limits Impede Market Opening

By Editors | 13/03/2019

Chinese regulators will need to ease foreign ownership restrictions to ensure its listed companies are able to remain in MSCI’s benchmark indexes.

Market Infrastructure

Australia Reverses Course on Mortgage Broking Trail Commissions

By Editors | 13/03/2019

Following strong industry backlash, the Australian government has decided not to prohibit trail commissions for mortgage brokers, and instead conduct a review into the issue in 3 years.

Market Infrastructure

Exactpro Delivers Test Strategy for HKEX’s New Post Trade System

By Editors | 13/03/2019

QA services provider Exactpro has completed a review of the testing processes and delivered a set of test strategy recommendations for Phase 1 of HKEX’s NextGen Post Trade Programme.

Market Infrastructure

China’s Baihang Credit Now Connected to Over 600 Databases

By Editors | 13/03/2019

The databases of more than 600 are now connected to Baihang Credit, China’s first market-based personal credit agency, according to PBOC deputy governor Chen Yulu.

Capital / Liquidity

British Banks Can Weather a No-Deal Brexit

By Manesh Samtani | 13/03/2019

While UK banks may not be fully ready to conduct business in EU jurisdictions, from a liquidity and capital point of view they appear well-positioned to weather a no-deal Brexit scenario.

Market Infrastructure

How Regulators in Asia Can Enhance Their Competitiveness

By Simon Topping | 13/03/2019

KPMG’s Simon Topping offers his views on how regulatory considerations can affect the attractiveness and competitiveness of Asia Pacific banking markets.