Market Infrastructure

Capital / Liquidity

China Set to Implement New Financial Stability Law This Year

By Editors | 05/01/2023

The law will create a financial stability guarantee fund, set out clear risk prevention and disposal responsibilities for financial institutions, and introduce a resolution regime for SIFIs.

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.