MARKET INFRASTRUCTURE

Market Infrastructure

NZ FMA to Require Operational Resilience as Licence Condition

By Sanday Chongo Kabange | 09/04/2024

The FMA also launched a new “light-touch” online notification form for licence holders to notify the regulator of material incidents.

Fintech / Regtech

China Unveils New Measures to Deepen MSME Credit Access

By Editors | 08/04/2024

Platforms in China that aggregate credit data will be integrated into a national network, where a centralised hub will be used to collect and share credit information with FIs.

Crypto / Digital Assets

ESMA Calls on EU Commission to Clarify Aspects of DLT Pilot Regime

By Manesh Samtani | 08/04/2024

Four applications have been received and eight others are expected in 2024, but no authorisations have been granted under the Regime.

Securities / Derivatives

IOSCO Proposes Guidance on Supervision of Exchanges

By Editors | 05/04/2024

The consultation report provides guidance on supervising exchanges that provide multiple services or are part of a larger group.

Crypto / Digital Assets

ECB Announces Participants for Upcoming DLT Settlement Trials

By Editors | 05/04/2024

The first wave of trials will involve ten market participants, six market DLT operators, and five central banks.

Market Infrastructure

Singapore Tables Bill in Parliament to Amend Cybersecurity Act

By Nithya Subramanian | 04/04/2024

Under the amendments, data centres, cloud services and other foundational digital infrastructure will be subject to a “light-touch” regulatory treatment.

Crypto / Digital Assets

How HKMA Aims to Prevent Fragmented Digital Money Ecosystem

By Nithya Subramanian | 04/04/2024

HKMA aims to ensure that different types of tokenised money issued in the city can interact with each other.

Market Infrastructure

Brunei and Laos Join ASEAN Payment Connectivity Initiative

By Nithya Subramanian | 04/04/2024

The addition of Brunei and Laos brings the ‘Regional Payment Connectivity’ group to a total of eight ASEAN central banks.

Securities / Derivatives

BOK Forms Work Group to Promote Greater Use of KOFR

By Manesh Samtani | 03/04/2024

Policymakers and industry participants are concerned that the widely-used CD rate may not be recognised internationally in the future.