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Securities / Derivatives
SEBI Issues Penalties Framework for MII Surveillance Lapses
By Ajoy K Das | 10/06/2024
SEBI will impose penalties for surveillance-related lapses based on annual turnover and the number of lapses during a financial year.

Securities / Derivatives
SEBI Mandates Direct Payout of Securities to Investor Accounts
By Ajoy K Das | 08/06/2024
SEBI said implementation standards will be formulated by 5 August, ahead of full implementation on 14 October.

Big Picture
Significant Progress Made on Cross Border Payments: CPMI
By Manesh Samtani | 07/06/2024
More work is needed to integrate cross-border projects with domestic systems, and to extend the operating hours of key payment systems.

Market Infrastructure
HKMA Exploring Further Enhancements to Wealth Connect
By Editors | 06/06/2024
The individual investor quota was tripled this year, but it is still “not quite enough for private bank clients”, said HKMA’s Eddie Yue.

Securities / Derivatives
FIA, DMIST Publishes New Standards on Average Pricing
By Editors | 06/06/2024
DMIST calls for CCPs globally to adopt the new average pricing standards, to drive consistency and improve allocation processes.

Market Infrastructure
BOK Invites Domestic Banks to Handle Cross-currency FX Trades
By Manesh Samtani | 06/06/2024
Domestic banks can apply to participate in non-won FX transactions needed for managing Korea’s foreign exchange reserves.

ESG / Sustainability
Japan Forms Group to Examine Carbon Market Infrastructure
By Editors | 06/06/2024
The new study group will examine the state of the infrastructure and market practices for carbon credit trading in Japan.

Market Infrastructure
IOSCO Releases Final Report on Handling Market Outages
By Nithya Subramanian | 06/06/2024
The report offers five good practices to improve trading venues’ preparedness for and resilience to market outages.

Crypto / Digital Assets
Project mBridge Ready for Live Transactions by Early Adopters
By Manesh Samtani | 06/06/2024
Private sector firms are invited to further develop the multi-CBDC platform by proposing new solutions and use cases.

Fintech / Regtech
Hackers Put Stolen Santander Data Up for Sale – Reports
By Editors | 05/06/2024
The hacking group reportedly stole 30 million customers’ bank account details and 28 million credit card numbers, among other information.
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