MARKET INFRASTRUCTURE

Market Infrastructure

Japan to Propose Amendments to Simplify Bank Merger Process

By Mark Pufpaff | 08/11/2018

Prime Minister Shinzo Abe instructed ministers to propose amendments to existing laws to simplify consolidation of regional banks, many of which are struggling to maintain profitability.

Market Infrastructure

DTCC Enters Test Phase on DLT Project for Credit Derivatives

By Manesh Samtani | 08/11/2018

The initiative to re-platform DTCC’s Trade Information Warehouse will “revolutionise the derivative industry’s credit market infrastructure”, says DTCC’s Chris Childs.

Market Infrastructure

APRA Finalises Standards on Information Security Management

By Editors | 07/11/2018

The prudential standard is aimed at boosting the resilience of APRA-regulated entities and ensuring their ability to respond to breaches swiftly and effectively.

Market Infrastructure

GDPR and Hong Kong’s PDPO: Are They So Different?

By Peter Lancos | 06/11/2018

Hong Kong’s data privacy ordinance is conceptually similar to GDPR, but perhaps with ‘smaller teeth’, say Peter Lancos and Jennifer Boyse at Exate Technology.

Enforcement

S. Korea Probes JPMorgan, Citibank in Unresolved Rate Rigging Cases

By Editors | 06/11/2018

JPMorgan and Citibank are still being investigated in an ongoing price manipulation probe by the Fair Trade Commission and FSS which dates back to 2011, reports local media.

Securities / Derivatives

Shanghai Stock Exchange to Launch New Technology Board

By Manesh Samtani | 06/11/2018

Announced by President Xi Jinping, the new science and technology board will subject innovative enterprises to different profitability and ownership requirements.

Market Infrastructure

NZ Banking Conduct, Culture Review Finds ‘Significant Weaknesses’

By Manesh Samtani | 05/11/2018

But conduct and culture issues do not appear to be widespread at banks in New Zealand, the FMA and RBNZ said, citing only ‘a small number of issues’ related to poor conduct by bank staff.

Market Infrastructure

SEBI to Introduce UPI Payment Option for Retail IPO Investors

By Editors | 02/11/2018

Enabling the UPI for retail investors subscribing to public share issues through intermediaries will cut IPOs listing times from six to three days, according to local media reports.

Market Infrastructure

AIMA Publishes FMCC Implementation Guide

By Editors | 01/11/2018

AIMA, Clifford Chance and Herbert Smith Freehills designed the guide to help Hong Kong asset managers better understand the expectations placed upon them and their constituents.