Market Infrastructure

FIs in Hong Kong should review whether their commercial agreements contain requirements equivalent to the recommended model contractual clauses, say Albert Yuen and Eunice Lee.

The Supreme Court has allowed lawsuits accusing foreign banks of manipulating LIBOR to be heard in New York even though the banks did not operate in the US.

The financial services sector recorded more cyber incidents than all other industries in New Zealand in the quarter ending March.

The SFC's latest annual report highlights work to enhance book building and placing practices, regulate fund trustees and custodians, and enhance climate disclosure for fund investors.

Korea’s post offices will start offering deposit, withdrawal, balance inquiry and ATM services of four banks - Kookmin, Shinhan, Woori and KEB Hana.

The MOU will allow Indians to make payments in France using UPI and Rupay cards at terminals and ATMs provided by Lyra Networks.

Wealth Management Connect had attracted only 0.3 percent of the total quota since its inception in October. HKIFA calls for an end to quarantine rules.

Participants will benefit from higher quality standards documents, which will lead to improved interoperability between implementations.

BIS says crypto and DeFi have structural limitations and inherent risks that make them unsuitable for the future digital monetary system.

Hong Kong will develop a GHG emissions estimation tool, a green classification framework, and adopt the ISSB standards when they're ready.