Market Infrastructure

Market Infrastructure

StanChart Becomes First Foreign Bank with Custody Licence in China

By Editors | 30/10/2018

The CSRC has granted Standard Chartered Bank a domestic fund custody licence, which until now has been reserved for local institutions.

Market Infrastructure

China Publishes Draft Rules Easing Market Access for Foreign Banks

By Editors | 29/10/2018

Foreign banks will be allowed to set up wholly-owned branches and subsidiaries in China provided they maintain at least 8% of yuan-denominated risk assets as reserves.

Market Infrastructure

Delivering Value from OTC Derivatives Repository Data

By Oliver Williams | 29/10/2018

DTCC’s Oliver Williams explores the use cases of enhanced trade repository data, as Asia’s regulators and institutions seek even greater transparency of OTC derivatives markets.

Market Infrastructure

HKMA Refines Bank-to-SVF Direct Debit Process to Prevent Fraud

By Editors | 29/10/2018

Banks and stored value facility operators are asked to adopt a ‘refined process’ in setting up direct debit authorisations to top-up e-wallets following last week’s fraud reports.

Market Infrastructure

Shinzo Abe’s Beijing Visit Paves Way for Financial Sector Cooperation

By Manesh Samtani | 29/10/2018

Forty years since the 1978 peace treaty marked by a series of MoUs between central banks, securities regulators, stock exchanges and industry bodies, among others.

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.