Market Infrastructure

Market Infrastructure

ChinaClear Consults on Trading Calendar for Stock Connect

By Editors | 07/11/2022

Stock Connect will be able to trade on any day when both the Mainland and Hong Kong markets are open, even if the corresponding settlement day falls on a public holiday.

Fintech / Regtech

SEBI Drafts Cloud Adoption Framework for Regulated Entities

By Manesh Samtani | 06/11/2022

The framework says there are “no limitations” on the use of any cloud deployment models, but provision must only be from data centres empanelled by MeitY.

Crypto / Digital Assets

NY Fed Issues Phase One Report on Wholesale CBDC Research

By Editors | 04/11/2022

In the test environment, wholesale CBDC transactions on a blockchain-enabled distributed ledger system settled in under 15 seconds on average.

Capital / Liquidity

SGX RegCo Refines CDP Margining Framework & Clearing Fund

By Sanday Chongo Kabange | 04/11/2022

Margin rates will be differentiated based on different risk profiles of securities. Margin offsets will be introduced to account for diversification effects. Anti-procyclicality measures will be enhanced.

Securities / Derivatives

Bangladesh, UAE Regulators to Collaborate on Capital Markets

By Editors | 03/11/2022

BSEC has signed MoUs with both the UAE’s Securities And Commodities Authority and the DFSA to improve investor protection and capital markets.

Capital / Liquidity

BIS Report Offers Guidance on Managing FX and Capital Flow Volatility

By Editors | 03/11/2022

Financial authorities should advance their FX market monitoring approaches, further develop onshore hedging markets, and introduce temporary capital flow management measures.

Market Infrastructure

China to Establish RMB Clearing Arrangement in Pakistan

By Editors | 03/11/2022

The arrangement will enable Chinese and Pakistani companies and FIs use RMB in cross-border transactions, thereby promoting trade and investment between the two countries.

Market Infrastructure

Hong Kong, Macau Enable Real-time Payments Between Banks

By Editors | 03/11/2022

Macau already has a local RTGS system for local payments denominated in HKD. The new system enables real-time settlement of HKD payments between Macau and Hong Kong banks.

Crypto / Digital Assets

BIS Innovation Hub to Explore Use of DeFi Protocols in CBDC Trades

By Editors | 03/11/2022

Project Mariana involves the Eurosystem, Singapore and Switzerland BIS Innovation Hub Centres, together with the Bank of France, MAS and Swiss National Bank.