MARKET INFRASTRUCTURE

Market Infrastructure

Japan FSA Proposes to Open Access to Foreign Financial Services

By Thisanka Siripala | 08/11/2024

Currently, Japanese investors face certain restrictions when accessing foreign financial platforms. A proposed amendment will change this.

Capital / Liquidity

UPDATED – New Margin Rules for OTC Derivatives Take Effect in India

By Editors | 08/11/2024

Only the VM rules have taken effect on schedule. The effective date for the IM rules has been extended to 1 April 2025.

Market Infrastructure

BSP Issues New Operational Resilience Requirements for FIs  

By Sanday Chongo Kabange | 07/11/2024

Larger FIs have two years to develop and integrate operational resilience frameworks into their governance structures and risk management processes.

Market Infrastructure

UK FCA Introduces New Transparency Rules for Bonds, Derivatives

By Thisanka Siripala | 07/11/2024

FCA also consulting on proposals to allow asset managers for pooled investment funds greater flexibility in how they pay for investment research.

Market Infrastructure

GBA Initiative on Cross-border Data Transfers Extended and Enhanced

By Manesh Samtani | 07/11/2024

The framework, launched at the end of last year, initially only applied to the banking, credit referencing and healthcare sectors. All sectors can now participate.

Crypto / Digital Assets

FCA, MAS to Explore Regulatory Considerations for Tokenisation

By Manesh Samtani | 07/11/2024

The FCA and ICMA welcomed reports released by MAS this week offering tokenisation frameworks for funds and fixed income securities.

Market Infrastructure

WFE Paper Calls for Risk Sensitive Approach to AI Regulation

By Thisanka Siripala | 06/11/2024

The paper says AI-driven systems in financial markets should be regulated using the same core principles that apply to existing technologies.

Market Infrastructure

FSB to Pivot NBFI Work Towards More Targeted Approach – Report

By Editors | 06/11/2024

Two priority areas that could be brought into greater focus include basis trades used by hedge funds and vulnerabilities in private asset markets.

Fintech / Regtech

FCA Issues Guidance on Preparing for CrowdStrike-Style Outages

By Manesh Samtani | 05/11/2024

The FCA offers guidance on compliance with its operational resilience rules by 31 March 2025, drawing lessons from the response to CrowdStrike’s July outage.