Market Infrastructure

Market Infrastructure

RBI Working to Mitigate Risks from ESMA Decision on Indian CCPs

By Mark Johnston | 05/01/2023

The RBI said it is engaging with European regulators and discussing “alternate arrangements” to avert a market disruption that could result from ESMA’s derecognition of Indian CCPs.

Market Infrastructure

CBIRC Proposes Stricter Rules for Banks’ Custody Businesses

By Editors | 04/01/2023

The draft rules strengthen requirements on internal governance, risk management systems, data protection and security controls within banks’ custody businesses.

Fintech / Regtech

Shanghai Bourse Launches New Trading Supervision System

By Editors | 03/01/2023

The new system can process more than 500,000 transactions per second in real-time. New issuance underwriting and offline IPO systems also launched.

Market Infrastructure

China Extends Trading Hours of Onshore Yuan Market

By Editors | 03/01/2023

The move will provide greater convenience for global investors and enhance the attractiveness of yuan-denominated assets, the PBOC said.

Fintech / Regtech

Korea FSC to Revise Rules to Mitigate IT Security Risks

By Manesh Samtani | 02/01/2023

On-site inspection will be initiated “immediately” in the event that financial services are interrupted for more than three hours due to a computer accident.

Market Infrastructure

NSE India Receives Approval to Set Up Social Stock Exchange

By Editors | 02/01/2023

The social stock exchange will allow direct listings from non-profit organisations and for-profit social enterprises.

Market Infrastructure

China, Switzerland Mutually Recognise Audit Standards as Equivalent

By Editors | 02/01/2023

The equivalence decision is expected to reduce audit costs, improve audit efficiency, and deepen Sino-Swiss economic, trade and financial cooperation.

Market Infrastructure

Two More ETFs List via Singapore-Shenzhen Trading Link

By Editors | 31/12/2022

SGX listed its second ETF via the SZSE-SGX ETF Link. SZSE listed its first ETF via the link. The two ETFs have a combined AUM of over SGD 270 million.

ESG / Sustainability

China ETS Sees Lower Than Expected Trading Performance

By Editors | 30/12/2022

Only 44 million tonnes of carbon allowances were traded during 2022, down from 179 million tonnes in 2021, though the market has now exceeded CNY 10 billion in cumulative turnover.