MARKET INFRASTRUCTURE

Market Infrastructure

Singapore Considers Measures to Better Position Equity Market

By Nithya Subramanian | 17/09/2024

MAS Deputy Chairman Chee Hong Tat, who chairs a review group established in August, outlines three main areas of focus to boost the equity market.

Securities / Derivatives

SRS Funds Processing Goes Live on Singapore’s New Funds Infrastructure

By Manesh Samtani | 17/09/2024

The Fundnode platform aims to reduce settlement times for the Singapore funds industry from T+7 to T+2.

Market Infrastructure

Indonesia Targets 30 September Launch Date for New CCP

By Editors | 17/09/2024

The new central counterparty will carry out clearing and settlement of transactions involving interest rates and foreign exchange rates.

AML / KYC

Bangladesh Bank Forms Task Force on Banking Sector Reforms

By Ajoy K Das | 17/09/2024

The task force, led by BB governor Ahsan H Mansur, will assess current conditions in the banking sector and propose regulatory reforms.

Market Infrastructure

Australia Introduces First Tranche of Privacy Reforms to Parliament

By Manesh Samtani | 12/09/2024

The proposed reforms will strengthen the OAIC’s enforcement toolkit and provide the Courts new functions and capabilities to address privacy breaches.

Market Infrastructure

China Proposes Tighter Rules for Foreign Accounting Firms

By Editors | 12/09/2024

A separate approval process is being introduced for foreign accounting firms wishing to conduct “temporary activities” without a representative office.

Market Infrastructure

China Implements Standard Contract for Macau-GBA Data Flows

By Editors | 12/09/2024

Mainland and Macau authorities have released a new standard contract to promote cross-border mobility of personal data within the GBA.

Market Infrastructure

Australia and Japan Pledge Deeper Cybersecurity, Defence Ties

By Thisanka Siripala | 11/09/2024

Australia and Japan have strengthened their cybersecurity ties with the launch of the Pacific Digital Development Initiative.

Fintech / Regtech

US, EU, UK Sign Legally-binding International Treaty on AI

By Manesh Samtani | 08/09/2024

The international treaty aims to promote innovation while protecting human rights, democracy and the rule of law.