MARKET INFRASTRUCTURE

    Fintech / Regtech

    HKMA Suspends E-wallet Auto Top-Up Service Amid Fraud Reports

    By Garima Chitkara | 26/10/2018

    Approximately HKD 180,000 was stolen from customers just three weeks after the launch of a service allowing automatic top-ups of e-wallets by direct debit from bank accounts.

    Crypto / Digital Assets

    Sibos: New Digital Economy Places Customer Needs in Focus

    By Matthew Chan | 25/10/2018

    As Australia’s banking sector continues to deal with fallout from Royal Commission findings of misconduct, Sibos highlighted a newfound focus on customer needs, says Matthew Chan.

    Market Infrastructure

    JPX, TOCOM Initiate Discussions to Consolidate Operations

    By Editors | 25/10/2018

    Discussions aimed at creating an integrated exchange offering both securities and commodities to boost competitiveness and attract global participants.

    Market Infrastructure

    Bond Connect Credited for Rapid Growth of China ABS Market

    By Manesh Samtani | 25/10/2018

    China’s onshore ABS market has been growing rapidly since the launch of Bond Connect last year, according to panellists at IMN’s Asian Structured Credit Summit.

    Market Infrastructure

    Market Needs to Do More to Prepare for End of LIBOR – ASIC, RBA

    By Garima Chitkara | 24/10/2018

    Participants need to be clear that the LIBOR will end after 2021 and prepare to deal with the challenges this presents, Australian regulators said at the ISDA Annual Australia Conference.

    Capital / Liquidity

    HKMA to Adopt BCBS Guidelines on Stress Testing

    By Editors | 23/10/2018

    Authorised institutions should review and strengthen stress testing frameworks and practices taking account of BCBS’ stress testing principles, the HKMA says.

    Market Infrastructure

    Banks Team Up to Develop Digital Trade Finance Network

    By Manesh Samtani | 23/10/2018

    The ‘Trade Information Network’ is expected to be production-ready by Q3 2019, representing the “first inclusive global multi-bank, multi-corporate network in trade finance”.

    Market Infrastructure

    SWIFT gpi Instant Cross-Border Payments Trial Hailed a Success

    By Manesh Samtani | 22/10/2018

    All payments during the trial were processed end-to-end within 60 seconds, demonstrating the service’s capabilities to scale and integrate with other real-time payment systems.

    Market Infrastructure

    HKEX Launches Commodity Exchange in Shenzhen

    By Editors | 22/10/2018

    The Qianhai Mercantile Exchange, controlled by HKEX, unexpectedly began spot trading in alumina on Friday, according to a Reuters report.

    Fintech / Regtech

    Japan FSA Updates Financial Sector Cyber Policy

    By Manesh Samtani | 21/10/2018

    Japan’s financial infrastructure may come under attack in the lead-up to the 2020 Tokyo Olympics, the FSA says as it prepares to guard against potential large-scale incidents.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team