Market Infrastructure

Market Infrastructure

CFIUS Confirms ‘Excepted Foreign State’ Status for UK, New Zealand

By Editors | 13/02/2023

UK and New Zealand investors do not have to undergo national security reviews for noncontrolling investments in the US.

Market Infrastructure

IAIS Consults on New Guidance for Policyholder Protection Schemes

By Editors | 13/02/2023

The paper describes current practices and is intended to serve as a guide for jurisdictions considering establishing a PPS or modifying an existing PPS.

Crypto / Digital Assets

Deutsche Börse, Google Cloud Establish Partnership on Digital Assets

By Sanday Chongo Kabange | 12/02/2023

Deutsche Börse Group will leverage Google Cloud to accelerate the development of digital securities platform D7, and deliver crypto spot and derivatives products.

Market Infrastructure

China: NDRC Establishes New Foreign Debt Regulatory Regime

By Editors | 10/02/2023

The new regime also covers indirect borrowings by Chinese enterprises and entities they control, as well as foreign debt incurred under red-chip and VIE structures.

ESG / Sustainability

Carbonplace Gets Further Backing from Nine Banks

By Editors | 09/02/2023

The investment will go towards the development of a global carbon credit transaction network that will launch later this year.

Market Infrastructure

ION Brings Traders Back Online Following Ransomware Attack

By Editors | 09/02/2023

Exchanges are reporting business as usual, though ION is said to be rebuilding its systems. Cybersecurity firm Crowdstrike will validate.

Market Infrastructure

RBI to Permit Borrowing and Lending of Government Bonds

By Manesh Samtani | 09/02/2023

The RBI also decided to restore pre-pandemic market hours for G-secs and release new guidelines on climate risk and sustainable finance “in a phased manner”.

Securities / Derivatives

NYSE to Reimburse 60pc of Claims from January Trading Halts

By Editors | 08/02/2023

NYSE clients have been told that losses will be covered for orders posted or routed to NYSE. Loss-making trades triggered on other venues will not be covered.

Market Infrastructure

South Korea to Start Opening Up Domestic FX Market

By Manesh Samtani | 08/02/2023

In 2024, the interbank FX market will be opened to offshore financial firms that become certified as ‘registered foreign institutions’.