MARKET INFRASTRUCTURE

Market Infrastructure

DSB Says Australia, Singapore Ready for UPI Reporting

By Editors | 18/10/2024

Australia and Singapore will go live with UPI reporting requirements for OTC derivatives transactions starting from 21 October.

Market Infrastructure

FSB Proposes Common Format for Reporting Operational Incidents

By Editors | 18/10/2024

The FSB has published for consultation a common format which can be used by financial firms to report operational incidents.

Securities / Derivatives

China Launches Two New Facilities to Boost Stock Market

By Manesh Samtani | 18/10/2024

A new swap facility provides funding for securities firms, funds and insurers to invest in stock. A new relending facility will finance stock repurchases.

Market Infrastructure

NY Fed Launches New Panel to Bolster Resiliency of Benchmarks

By Editors | 30/09/2024

The so-called “Reference Rate Use Committee” will work to foster industry engagement on issues related to the use of interest rate benchmarks in the post-LIBOR world.

Fintech / Regtech

HKMA Issues New Guidance Responding to Crowdstrike Outage

By Sanday Chongo Kabange | 30/09/2024

The HKMA offers guidance to authorised institutions on enhancing their operational resilience against the failure of third-party IT solutions.

Market Infrastructure

HKMA, SFC Finalise Details for New Derivatives Reporting Regime

By Manesh Samtani | 29/09/2024

The UTI, UPI, CDE, LEI and ISO 20022 will be required under Hong Kong’s OTC derivatives reporting regime from 29 September 2025.

Market Infrastructure

HK to Advance Paperless Corporate Communications Regime

By Sanday Chongo Kabange | 28/09/2024

Listed and non-listed companies will be allowed to rely on implied consent for disseminating corporate communications via websites.

Big Picture

WFE Offers Recommendations for SME Listing Platforms

By Editors | 28/09/2024

The recommendations aim to address conderns cited by SMEs about going public, including difficulties attracting investors.

Capital / Liquidity

China Announces Series of Measures to Stimulate Economy

By Manesh Samtani | 27/09/2024

The measures seek to boost consumption, support the stock market, free up financial system liquidity, and boost bank capital.