MARKET INFRASTRUCTURE

Market Infrastructure

ESMA Consults on MiFID II Order Execution Policies

By Editors | 17/07/2024

The consultation seeks input on draft technical standards for how investment firms establish and assess the effectiveness of their order execution policies.

Market Infrastructure

SFC to Implement New Paperless Securities Regime by End 2025

By Sanday Chongo Kabange | 17/07/2024

The SFC aims to implement the new regime towards the end of 2025, but give companies until end-2030 to transition.

Market Infrastructure

LegCo Progresses Work to Waive REIT Trading Stamp Duty

By Sanday Chongo Kabange | 17/07/2024

Legislative proposals will be introduced this year to waive stamp duty for REIT transactions and options market-making.

Market Infrastructure

ASEAN Exchanges to Pursue Four POCs to Improve Competitiveness

By Nithya Subramanian | 17/07/2024

The POCs focus on developing common data infrastructure, enhancing capacity building, and creating a marketplace for transition financing and ESG investment.

Big Picture

FSB Proposes Measures to Address Cross-border Payment Frictions

By Manesh Samtani | 17/07/2024

Two new FSB reports offer policy recommendations to address legal, supervisory and regulatory frictions in cross-border payments.

Market Infrastructure

UK FCA Finalises Guidance for New Derivatives Reporting Framework

By Editors | 17/07/2024

The FCA finalised Q&As and validation rules to support implementation of the new framework from 30 September 2024.

Market Infrastructure

IAIS Launched Final Public Consultation on Climate Risk

By Editors | 16/07/2024

The fourth and final consultation includes proposed new supporting material to better reflect climate-related risk as part of effective supervisory practice.

Fintech / Regtech

Korea, Indonesia Sign Cross-border Payments MoU

By Editors | 16/07/2024

The MOU will support the implementation of cheaper, faster, more inclusive, and more transparent cross-border payments between the two countries.

Market Infrastructure

Bursa Malaysia and Pribumi Launch World’s First Zakat Index

By Nithya Subramanian | 16/07/2024

The PBMZI aims to recognise public-listed companies adopting corporate zakat practices, integrating Islamic financial principles with ESG and SRI elements.