Market Infrastructure

Market Infrastructure

RBI Mandates Integration of SWIFT in Core Banking Software

By Manesh Samtani | 26/02/2018

Punjab National Bank says $1.8bn fraud went undetected because staff failed to enter SWIFT instructions in core banking software.

Market Infrastructure

Singapore to Shift OTC Derivatives to Organised Markets

By Editors | 22/02/2018

The trading obligations would apply to banks with gross notional outstanding OTC derivatives exceeding SGD20 billion.

Market Infrastructure

Chinese Exchanges to Acquire Stake in Bangladeshi Bourse

By Editors | 21/02/2018

Shanghai, Shenzhen exchanges have outbid India’s NSE to buy 25% of Dhaka Stock Exchange.

Market Infrastructure

SGX to Develop New India Derivative Products

By Manesh Samtani | 20/02/2018

New products will allow SGX participants to maintain exposure to India’s capital markets, following  the decision to stop issuing market data licenses to overseas exchanges.

Market Infrastructure

ASIC Publishes Credit Rating Agency Review

By Garima Chitkara | 18/02/2018

Credit ratings agencies found lacking on compliance testing and board reporting.

Market Infrastructure

India Eases Market Access for Foreign Institutions

By Manesh Samtani | 17/02/2018

Private banks, merchant banks can invest on behalf of FPI clients; pre-approval requirement for switching local custodian effectively scrapped.

Market Infrastructure

SEC Blocks China-linked Acquisition of Chicago Exchange

By Editors | 17/02/2018

US regulator says deal didn’t comply with rules governing stock exchange ownership, lacked transparency on source of funds and relationships among investors.

Market Infrastructure

Industry Initiative Set to Streamline MAS 610 Compliance

By Editors | 12/02/2018

AxiomSL-led initative will define open taxonomy and standardise interpretations for the revised MAS 610 reporting mandate.

Market Infrastructure

Research in an Unbundled World

By Roland De Marsangy | 08/02/2018

Buy-side firms are finding their way to new ways of profiting from their research, and market volumes appear unaffected in the early stages of the MiFID II era.