Market Infrastructure

Market Infrastructure

Japan Asset Management Taskforce Discusses Proposals for Reform

By Manesh Samtani | 10/11/2023

Task force members discussed measures to attract foreign fund managers and increase retail access to alternative investments, unlisted stocks and overseas assets through funds.

Market Infrastructure

US Unit of China’s ICBC Suffers Ransomware Attack

By Editors | 10/11/2023

The attack disrupted some of ICBC’s systems and left some trades in the US Treasury and equity markets unable to settle.

Securities / Derivatives

China Regulators Have Upbeat Message for Market Participants

By Editors | 09/11/2023

China will continue opening up its markets and supporting vulnerable parts of the economy. Two new foreign-funded insurance brokerage companies were approved this week.

Market Infrastructure

DTCC Opens Access to OTC Derivatives Market Data

By Editors | 09/11/2023

“OTC Direct Connect” allows market participants to access OTC derivatives transaction data that are reportable in the US and Canada.

Market Infrastructure

US Adds Vietnam to FX Monitoring List, Removes Korea

By Editors | 09/11/2023

US Treasury is monitoring the currency practices and macroeconomic policies of six trading partners, including China, Malaysia, Singapore, and Taiwan.

Fintech / Regtech

RBI Finalises New Master Directions on IT Governance

By Ajoy K Das | 08/11/2023

The master directions, effective from 1 April 2024, specify the IT governance responsibilities of the board and senior management.

Capital / Liquidity

Finance Leaders Highlight Risks, Opportunities at Key Hong Kong Summit

By Manesh Samtani | 08/11/2023

Chinese vice premier He Lifeng pledged continued support for Hong Kong. CSRC vice chairman Wang Jianjun discussed efforts to further expand Stock Connect.

Market Infrastructure

SEBI Working on Allowing Instant Settlement in Equities Trading

By Ajoy K Das | 07/11/2023

SEBI is exploring instant settlement in a “non-disruptive manner” and will only introduce it after all concerns are addressed, an official said.

Market Infrastructure

RBNZ Consults on New Policy for Branches of Overseas Banks

By Sanday Chongo Kabange | 07/11/2023

This is the RBNZ’s third consultation regarding its planned new policy for branches of overseas banks.