Market Infrastructure

Market Infrastructure

BOE, CFTC Strengthen Supervisory Cooperation on CCPs

By Editors | 18/04/2023

The Bank of England will rely on the CFTC for supervision and oversight of US-based CCPs offering clearing services in the UK.

Market Infrastructure

DSB Launches UPI User Acceptance Test Environment

By Manesh Samtani | 17/04/2023

The UAT environment will help the industry prepare for incoming OTC derivatives reporting requirements. The full UPI Service will launch on 16 October 2023.

Big Picture

AFME, FESE Call for Action on EU Consolidated Tape

By Editors | 17/04/2023

Ahead of EU trilogues on the MiFIR Review, AFME is highlighting the important role of systematic internalisers and FESE is calling for a PFOF ban.

ESG / Sustainability

HKEX: Climate-related Disclosures to Become Mandatory in 2024

By Manesh Samtani | 16/04/2023

New rules aligned with the TCFD recommendations and the ISSB Climate Standard will become effective in January 2024.

Market Infrastructure

Japanese JCB Cards to be Accepted in Saudi Arabia

By Editors | 14/04/2023

JCB cards will be accepted at Points of Sale and ATMs across Saudi Arabia through a partnership with Saudi National Bank.

Crypto / Digital Assets

LCH to Start Clearing BTC Futures and Options in Q4

By Editors | 14/04/2023

LCH will clear Bitcoin index futures and options contracts traded on GFO-X, an FCA-regulated digital asset derivatives trading venue.

Market Infrastructure

FSB Proposes Standard Global Approach to Cyber Incident Reporting

By Manesh Samtani | 14/04/2023

The FSB will establish a new working group to further develop its proposed ‘format for incident reporting exchange’, known as FIRE.

Market Infrastructure

UK Authorities Issue Statement on Upcoming Cessation of USD LIBOR Panel

By Mark Johnston | 13/04/2023

The statement emphasises the importance of active transition and reminds participants that synthetic LIBOR can only be used as a temporary bridging tool.

Market Infrastructure

APRA to Defer Effective Date of New Operational Risk Standard

By Editors | 13/04/2023

APRA will move the effective date for the new operational risk management standard to 1 July 2025, one year later than was proposed.