Market Infrastructure

Market Infrastructure

BSP Starts Publishing Temporary Replacement Rate for LIBOR

By Editors | 06/07/2023

The new reference rate is generated by translating the 28-day BSP bill rate to its overnight equivalent.

Market Infrastructure

Korea Announces Plans to Allow New Entrants to Banking Industry

By Editors | 06/07/2023

This will be the first time in thirty years that new nationwide banks can be established in Korea, the FSC said.

Market Infrastructure

Australia Launches New Foreign Ownership Register

By Editors | 06/07/2023

Investors need to notify the new Register within 30 days after they acquire or dispose of an interest or there is a change of at least 5 percent in the interest.

Capital / Liquidity

FSB, IOSCO Propose Tighter Rules for Open-ended Funds

By Manesh Samtani | 06/07/2023

The FSB and IOSCO are calling for greater and more consistent use of anti-dilution liquidity management tools in open-ended funds, such as swing pricing.

Market Infrastructure

APRA Reveals Early Results from Cybersecurity Assessments

By Sanday Chongo Kabange | 05/07/2023

APRA identified six common control gaps in the first tranche of CPS 234 assessments, and offers recommendations to address them.

Market Infrastructure

SEBI Consults on Consolidated Cyber Resilience Framework for REs

By Sanday Chongo Kabange | 05/07/2023

The new draft master framework, open for consultation until 25 July, consolidates 15 individual circulars on cybersecurity issued since 2015.

Market Infrastructure

WFE Launches Market Infrastructure Certification Programme

By Ranamita Chakraborty | 05/07/2023

The programme, which is equivalent to a master’s degree, will help mid-career bankers and regulatory professionals to deepen their knowledge of market infrastructures.

Market Infrastructure

Bond Connect Will be Further Enhanced, Says HKMA Chief

By Manesh Samtani | 05/07/2023

HKMA chief Eddie Yue discussed plans to open foreign access to the onshore treasury bond futures market and allow repo trades via Bond Connect.

Enforcement

European Commission Proposes Rules to Enhance GDPR Enforcement Efficiency

By Editors | 04/07/2023

The GDPR Procedural Regulation aims to streamline cooperation between data protection authorities by harmonising some administrative procedures in cross-border cases.