MARKET INFRASTRUCTURE

Securities / Derivatives

China to Allow CGBs as Collateral for Swap Connect

By Manesh Samtani | 09/07/2024

OTC Clear plans to start accepting China Government Bonds and Policy Financial Bonds as collateral for Swap Connect by year end.

Market Infrastructure

FSC Korea Issues New Responsibility Mapping Guidance

By Manesh Samtani | 09/07/2024

The guidance sets out detailed information on how to write and submit responsibility structure maps. A pilot period will be used to encourage early adoption.

Market Infrastructure

Senate Inquiry Recommends Complete Overhaul of ASIC

By Sanday Chongo Kabange | 08/07/2024

Senator Andrew Bragg said too many Australians have been hurt by ASIC’s “persistent failure” to enforce the law and win prosecutions.

Fintech / Regtech

HKMA, IA Launch Open API Framework Linkage

By Sanday Chongo Kabange | 08/07/2024

The new linkage seeks to enhance the mutual adoption of APIs for use cases across the banking and insurance sectors.

Capital / Liquidity

SEBI Proposes Collateral Norms for Clearing Corporations

By Ajoy K Das | 05/07/2024

SEBI said interest income derived from collateral posted should be periodically distributed to clearing members.

Market Infrastructure

CDR Negatively Impacting Competition, says Australia Banking Body

By Sanday Chongo Kabange | 05/07/2024

ABA says the CDR regime is not delivering for customers or enhancing competition in Australia’s banking industry.

Market Infrastructure

BSP Ramps Up Financial Inclusion Efforts

By Sanday Chongo Kabange | 05/07/2024

The BSP will explore open finance use cases to enhance financial inclusion efforts and get more citizens into the formal financial system.

Market Infrastructure

ASIC Explores AI for Insider Trading Surveillance

By Sanday Chongo Kabange | 04/07/2024

The Australian regulator is exploring AI and machine learning for potential insider trading surveillance and detection.

Market Infrastructure

APRA Updates Guidance on Strategic Planning for Super Funds

By Sanday Chongo Kabange | 04/07/2024

The updated guidance for super funds will apply from 1 July 2025 and sets clear expectations for trustees regarding expenditure.