MARKET INFRASTRUCTURE

Capital / Liquidity

US Treasury Clearing Mandate Should be Postponed: ISDA

By Thisanka Siripala | 28/01/2025

ISDA says a number of issues remain unresolved and the number of in-scope entities around the world will likely run into the thousands.

Securities / Derivatives

China Invites Foreign FIs to Test New Financial Products in FTZs

By Manesh Samtani | 28/01/2025

Approvals to establish banking, insurance, securities, futures, or fund management subsidiaries in the FTZs will take a maximum 120 days.

Market Infrastructure

Hong Kong Moves Closer to Fully Paperless Securities Market

By Sanday Chongo Kabange | 27/01/2025

Only online channels will be allowed for subscriptions to public offers of equity securities, and issuers will have more flexibility to adopt digital communication and payment technologies

Market Infrastructure

SGX RegCo to Review Query Regime to Ensure Consistency in Approach

By Nithya Subramanian | 27/01/2025

Tan Boon Gin said SGX RegCo will conduct a review of its query regime to see if it has been applying the materiality principle consistently

Market Infrastructure

ASX Offers Explanation for December 2024 Market Disruption

By Sanday Chongo Kabange | 27/01/2025

ASX implemented a software fix, waived fail fees from 20-31 December 2024, and will distribute A$1mn in rebates to settlement participants.

Market Infrastructure

Singapore Eases Monetary Policy for First Time in 5yrs

By Nithya Subramanian | 27/01/2025

MAS cited quicker-than-expected easing of inflation and a projected slowdown in economic growth

Market Infrastructure

Switzerland to Transition to T+1 Settlement Cycle in October 2027

By Mark Johnston | 26/01/2025

Switzerland has confirmed plans to transition to a shorter settlement cycle in October 2027, aligning with the EU and UK’s ambitions.

Market Infrastructure

PBOC Issues New Draft Rules on Cyber Incident Reporting

By Manesh Samtani | 25/01/2025

The draft provides a standardised framework for the classification of cybersecurity incidents and more clearly defines reporting requirements during different stages of an incident

Crypto / Digital Assets

FSB Publishes Work Programme for the Year Ahead

By Manesh Samtani | 25/01/2025

The work programme highlights digitalisation, climate change, and the shifting macroeconomic environment as key priorities