MARKET INFRASTRUCTURE

Market Infrastructure

ASIFMA: HK Financial Secretary Lauds China as Global Standards Setter

By JP Reimann | 17/05/2018

James Lau said China is becoming a pioneer in setting global standards with an “open and supportive regulatory environment”; HK a “premier listing platform” for mainland enterprises.

Market Infrastructure

Shanghai to Allow Foreign Banks to Set Up Branches, Subsidiaries

By Garima Chitkara | 16/05/2018

China will allow foreign banks to set up branches and subsidiaries in Shanghai amid a host of measures to further open up the city’s financial sector.

Capital / Liquidity

When FRTB Meets the Real World

By Peter Guy | 14/05/2018

The Fundamental Review of the Trading Book was supposed to redefine how banks collectively manage risks. Yet, risk can still be a ‘ghost in the machine’.

AML / KYC

CPMI Releases Strategy for Reducing Wholesale Payments Fraud

By JP Reimann | 09/05/2018

Central banks urge stakeholders to pursue adoption of common strategy to improve security of wholesale payments; will monitor progress to determine the need for further action.

Securities / Derivatives

SEBI Extends Trading Hours for Equity Derivatives

By Manesh Samtani | 09/05/2018

The move will align trading hours of equity derivatives with commodity derivatives, effective 1 October, when individual Indian exchanges are also set to integrate stock and commodity trading.

Market Infrastructure

China Bourses to Acquire 25pc of Dhaka Stock Exchange

By Manesh Samtani | 09/05/2018

Shanghai, Shenzhen exchanges will assist the DSE with trading technology, market cultivation, and product development as part of the USD111.6 million deal.

Fintech / Regtech

Korea Joins Regional Peers in Adopting AI-based Market Surveillance

By JP Reimann | 08/05/2018

KRX launches new market surveillance system based on artificial intelligence; reduces time to secure data on suspicious transactions from 5 days to 1 hour.

Market Infrastructure

Fintech a Key Enabler for Financial Firms – DTCC

By Manesh Samtani | 07/05/2018

Markets safer and more resilient 10 years post-GFC, but regulatory complexities and rapidly-changing risk landscapes persist as challenges to the industry.

Fintech / Regtech

UPDATED – APRA Grants First ‘Restricted ADI’ License Under New Framework

By JP Reimann | 07/05/2018

Newly released restricted ADI licencing framework allows entities to conduct a limited range of activities for two years before fully meeting regulatory requirements.