MARKET INFRASTRUCTURE

Fintech / Regtech

PBOC, HKMA Sign Cooperation Framework for Payments Linkage

By Editors | 04/08/2024

The cooperation framework will enable the Chinese and Hong Kong authorities to link their fast payment systems.

Securities / Derivatives

Stock Connect: 2nd Phase of Market Data Changes Set to Take Effect

By Manesh Samtani | 03/08/2024

Investors participating in Stock Connect from Hong Kong will no longer be able to calculate net flows at the end of each trading day.

Market Infrastructure

SGX RegCo CEO Urges Directors to Embrace Market Discipline

By Ranamita Chakraborty | 02/08/2024

SGX is open to updating its safe harbour guidelines for forward-looking statements to encourage listed companies to make decision-useful disclosures.

Market Infrastructure

Hong Kong IA to Start Charging Fees from September

By Sanday Chongo Kabange | 02/08/2024

The Insurance Authority has not charged licensing and related fees since it assumed supervisory responsibilities in 2019.

Market Infrastructure

HKMA Sets Expectations for CRA’s Exit from ‘Credit Data Smart’

By Sanday Chongo Kabange | 01/08/2024

Credit reference agency Nova Credit Limited has decided to cease operations and exit the new credit reference platform known as Credit Data Smart.

Fintech / Regtech

BSP Amends Guidelines for Payments Settlement Systems

By Sanday Chongo Kabange | 01/08/2024

The BSP said the revised guidelines provide operational flexibility to ACHs under the NRPS framework namely InstaPay and PESONet.

Market Infrastructure

BOJ Raises Interest Rate to Highest Level Since 2008

By Editors | 01/08/2024

The BOJ also said it would gradually reduce its monthly bond buying from JPY 6 trillion to JPY 3 trillion by Q1 2026.

Market Infrastructure

ASIC Proposes Rules for ASX Clearing and Settlement Services

By Sanday Chongo Kabange | 31/07/2024

ASIC is consulting on new rules to facilitate more competitive outcomes in cash equity clearing and settlement services provided by ASX.

Market Infrastructure

IIB Warns of Extraterritoriality of Treasury Clearing Proposal

By Editors | 31/07/2024

Under a proposed FICC rule, the SEC’s clearing mandate on US Treasury securities would apply to an entire foreign bank, rather than just its US-based branch.