Europe

Authorities in Singapore and the UK have agreed to enhance cooperation in cyber security, data connectivity, talent development and green finance.

Adding to the European Commission's $1.2bn fine last month, Citigroup, Barclays, RBS, JP Morgan and MUFG have been fined $91mn by the Swiss Competition Commission.

Huatai Securities reconfirming its intention to list depositary receipts on the LSE signals that the issues that delayed the Shanghai-London Stock Connect may now be resolved.

The UK initiative  is exploring the use of technology to help firms meet their regulatory reporting requirements and improve the quality of information reported.

Individual traders at Citigroup, Barclays, RBS, JP Morgan and MUFG exchanged sensitive information and coordinated spot FX trading strategies through online chatrooms.

The project to link the Shanghai and London stock exchanges has reportedly lost momentum in China, after earlier plans to launch in December were called off.

Hong Kong and Dutch regulators have set out a framework for the exchange of information and mutual recognition of funds registered in both jurisdictions.

Colombo's stock exchange has signed an MoU to list domestic government bonds in London and enable LSEG to support the development of Sri Lanka's capital markets.

HKEX will become the first Asian stock exchange to adopt Euroclear’s international central securities depository ETF settlement model, which allows trades in different markets to be settled in a central location.

The European Commission recognises Japan's rules on valuation, dispute resolution and margin exchange for uncleared OTC derivative contracts as equivalent to EMIR.