Market Infrastructure

Capital / Liquidity

RBNZ Consults Additional Standards for New DTA Regime

By Sanday Chongo Kabange | 21/08/2024

RBNZ is consulting on standards covering areas such as governance, lending, risk management and operational resilience.

ESG / Sustainability

Singapore Financial Industry Bodies Sign MOU on Skills Development

By Editors | 21/08/2024

Seven associations including IMAS and ABS signed an MOU with IBF and NTUC to promote the adoption of Financial Sector Job Transformation Maps.

Market Infrastructure

Stock Connect’s 2nd Phase of Market Data Changes Now in Effect

By Sanday Chongo Kabange | 20/08/2024

The changes may lower volatility and help stabilise the A-share market, but may also lower the market’s appeal to some foreign investors.

AML / KYC

China, US Exchange Letters of Cooperation on Financial Stability

By Editors | 20/08/2024

PBOC and US Treasury officials agreed to strengthen information sharing and coordinate in times of financial stress and operational resilience issues.

Market Infrastructure

BNM Expands Qualified Resident Investor Programme

By Ranamita Chakraborty | 20/08/2024

The QRI programme was initially launched as a pilot initiative in April to encourage FX inflows into the domestic market.

Market Infrastructure

ASIC Extends Reference Checking Protocol to Mortgage Aggregators

By Sanday Chongo Kabange | 19/08/2024

The updated protocol enables financial advisers and mortgage brokers to request references about prospective representatives from mortgage broking intermediaries.

Market Infrastructure

ACCC Greenlights Experian Takeover of Rival illion

By Editors | 19/08/2024

The ACCC said the merger will not impact competition in the consumer credit reporting market because of the dominance of market leader Equifax.

Fintech / Regtech

Hong Kong SFC Proposes to Abolish Mixed Media Offers

By Sanday Chongo Kabange | 19/08/2024

The SFC says MMOs have become “obsolete” since the introduction of the paperless listing and subscription regime in 2021.

Fintech / Regtech

HKEX Consults on Expanding Paperless Listing Regime

By Sanday Chongo Kabange | 19/08/2024

The proposed reforms will provide securities holders with electronic options to give instructions to issuers, receive payments such as dividends, and pay subscription monies for offers.