MARKET INFRASTRUCTURE

Crypto / Digital Assets

HK LegCo Forms New Sub-committee on Web3 and Virtual Asset Growth

By Sanday Chongo Kabange | 27/06/2024

The newly-formed committee will focus on developing regulatory frameworks, improvement of technology and investor safeguards.

Market Infrastructure

SEBI Revises Oversight Framework for Stock Exchanges

By Ajoy K Das | 26/06/2024

The new framework aims to enhance governance by clearly defining the structure and responsibilities of various statutory committees.

Securities / Derivatives

CFTC Approves Four Comparability Determinations for Foreign Jurisdictions

By Editors | 26/06/2024

Certain swap dealers in Japan, Mexico, the EU, and UK can satisfy certain US capital and financial reporting requirements by complying with home country rules.

Market Infrastructure

China to Streamline Fund Management Rules for QFII Investors

By Mark Johnston | 26/06/2024

A top official said research is being conducted to facilitate QFII/RQFII investors’ participation in the domestic securities market.

Big Picture

HKIFA, KPMG Call for Further Enhancement of Cross-Border Schemes

By Sanday Chongo Kabange | 26/06/2024

The report said that strengthening cross-border schemes and tax incentives would boost the asset management industry.

Crypto / Digital Assets

Korea Approves Enforcement Decree for New Virtual Assets Law

By Sanday Chongo Kabange | 26/06/2024

The enforcement decree mandates requirements on the safe storage of virtual assets and regulates unfair trading activities.

Crypto / Digital Assets

SNB Extends CBDC Project ‘Helvetia’ for Two More Years

By Editors | 24/06/2024

The SNB said it has become “the world’s first central bank” to carry out a monetary policy operation in a live production environment using DLT.

AML / KYC

Korea: Simpler Registration Requirement Yielding More Foreign Inflows

By Editors | 24/06/2024

Around 300-400 new accounts are now being opened each month by foreign investors, compared to just 105 monthly during 2023.

Securities / Derivatives

HKEX Enhances Clearing Arrangement for Stock, Options Trades

By Manesh Samtani | 24/06/2024

Exchange participants that are not also clearing participants can now appoint more than one general clearing participant for stock and options trades.