Market Infrastructure

Fintech / Regtech

Ant Financial – A Disruptive Force for Regulators

By Peter Guy | 22/04/2018

Blurring the regulatory distinction between banking and financial technology creates both opportunity and pitfalls.

Big Picture

APAC Firms Failing at Cyber Breach Detection – Report

By Manesh Samtani | 22/04/2018

Asia Pacific firms take over 16 months to detect breaches, compared to over three months globally; over 35 months if breaches detected by external parties.

Market Infrastructure

‘Significant’ Governance Progress from Australian Banks – McPhee Report

By Manesh Samtani | 20/04/2018

Key initiatives introduced at banks include customer advocacy programmes, whistleblower protection policies and conduct background checks to stamp out staff with poor behaviour records.

Fintech / Regtech

Hong Kong Work Plan Includes Incentives for Fund Industry

By Manesh Samtani | 20/04/2018

Government reviewing and enhancing existing tax concession arrangements for fund industry; HKMA to launch real-time payments, issue virtual bank licences this year.

Fintech / Regtech

HKEX Fights Market Abuse with AI, Machine Learning Tech

By JP Reimann | 19/04/2018

NASDAQ technology aims to better safeguard market integrity, detect unusual trading and market abuse, and provide immediate review of group activity involving coordinated trades.

Capital / Liquidity

India Sets Floor for Foreign Investment into Unregulated Financial Entities

By Garima Chitkara | 19/04/2018

Minimum foreign investment into fund-based services by unregulated entities to be set at $20 million; $2 million for non-fund based services.

Market Infrastructure

HK, Japan to Connect Settlement Systems

By JP Reimann | 19/04/2018

BOJ-NET link with HKD CHATS will effectively eliminate the need for the US dollar as an intermediate currency in cross-border transactions.

Market Infrastructure

GFMA Publishes Market Transparency Guidelines

By Editors | 19/04/2018

Trend towards market transparency across structurally different markets and jurisdictions highlights need for shared global principles.

Market Infrastructure

APRA’s Economic and Financial Statistics Reform: A User’s Guide to Readiness

By Douglas Cheung | 19/04/2018

APRA may have delayed planned reforms to the Economic and Financial Statistics reported by banks, but banks can’t afford to be complacent, says Douglas Cheung, examining how banks should best prepare for the reforms.