Market Infrastructure

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.

Securities / Derivatives

Korea Issues Best Execution Guidelines for Securities Firms

By Manesh Samtani | 23/06/2024

The guidelines are intended to help securities firms understand how they should allocate customer orders once the new ATS market is launched in March 2025.

Market Infrastructure

HKEX to Introduce Measures to Boost Stock Connect – Report

By Sanday Chongo Kabange | 21/06/2024

New chair Carlson Tong said HKEX will introduce more measures to boost market turnover and new listings.

Market Infrastructure

SEBI Issues Framework for System Audits of Clearing Members

By Ajoy K Das | 20/06/2024

System audits should encompass “all the IT resources” of professional clearing members to identify any “major or minor non-compliances”.

Market Infrastructure

KRX Forms Task Force to Improve Preparedness for Market Outage

By Manesh Samtani | 20/06/2024

The task force was formed in response to the technical issue that occurred earlier this month at the NYSE, which caused stock prices to drop unexpectedly.

Market Infrastructure

CSRC Unveils New Measures to Enhance Shanghai STAR Market

By Editors | 20/06/2024

The CSRC will explore the introduction of STAR 50 index futures and options, establish “green channels” for M&A, and optimise market-maker and trading mechanisms, among other measures.