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Fintech / Regtech
Ageing Infrastructure Creating Derivatives Market Inefficiencies: ISDA Chief
By Editors | 10/11/2019
Firms still take more than a day on average to resolve reconciliations and disputes caused by a lack of data transparency through the trade lifecycle.
Enforcement
Former HKTV Staff Member Jailed for Insider Dealing
By Editors | 09/11/2019
HKTV’s former senior regulatory affairs manager made over HK$160,000 in profit from trading on insider information in December 2013.
Market Infrastructure
China Extends Use of Bond Collateral to All Domestic Futures
By Editors | 08/11/2019
The CCDC has signed a memorandum of cooperation with the SHFE, ZCE, DCE, CFFEX, and Shanghai’s INE, building on previous efforts to enable the use of bonds as collateral for futures trading.
AML / KYC
SEBI Allows Intermediaries, Funds to Use Aadhaar for e-KYC
By Editors | 08/11/2019
Intermediaries and mutual fund distributors are not allowed to store investors’ Aadhaar numbers “under any circumstances”.
Securities / Derivatives
CSRC Plans Additional Reforms to Ease Access to STAR Market
By Editors | 07/11/2019
The reforms include the removal of first day trading limits and faster processing of applications from companies seeking a listing.
Securities / Derivatives
MAS Approves Sandbox Launch of Blockchain Based Bond Exchange
By Editors | 07/11/2019
Singapore-based fintech BondEvalue will use a permissioned blockchain to enable electronical trading of bonds, in $1,000 denominations, with instant settlement and greater price transparency.
AML / KYC
SFC Unveils Regulatory Framework for Crypto Exchanges
By Manesh Samtani | 07/11/2019
Under the new framework, announced at Hong Kong Fintech Week, platform operators that offer trading in virtual assets classified as securities may seek Type 1 and Type 7 licences from the SFC.
Securities / Derivatives
Tokyo Exchange Goes Live with Upgraded Trading System
By Editors | 07/11/2019
The upgrade will reduce sudden stock price fluctuations, enable participants to more easily execute trades at closing prices, and stabilise system performance.
Big Picture
Tokenisation Could Revolutionise Traditional Finance: ASIFMA
By Editors | 06/11/2019
Tokenised securities will impact traditional finance and act as a bridge between legacy finance and the new digital world, taking benefits from each system, ASIFMA says in a new white paper.
Fintech / Regtech
Bursa Malaysia Completes SBL Proof-of-Concept Using Blockchain
By Editors | 06/11/2019
The POC was a test of a private-permissioned blockchain-driven solution for securities borrowing and lending that can enhance market discovery, efficiencies and transparency.
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