Market Infrastructure

Looking beyond regulations aimed at cultural reform, Synpulse's Prasanna Venkatesan discusses how conduct and culture can be operationalised, measured and managed in private banking.

The FCA and ASIC have signed MoUs on trade repositories and alternative investment funds, and adopted existing equivalence decisions on their supervisory and regulatory regimes.

A BIS working paper says BigTechs enhance competition, financial inclusion and efficiency in financial services, but they also concentrate market power and give rise to systemic risk.

The draft rules provide detail and guidance as to how the Consumer Data Right will work in the banking sector starting in July this year.

Bursa Malaysia will migrate to T+2 settlement starting from 29 April, putting it in line with the financial markets of developed countries.

The RBI has deferred a requirement for banks to link loan rates to external benchmarks, citing difficulties the change presents to banks' interest rate risk management.

ASEAN central bankers are setting up direct settlement systems that use local currencies, in a bid to reduce transaction costs and exposures to global volatility.

The current plan to keep crude oil and petroleum products on TOCOM will diminish the benefits of the planned merger with JPX.

A report from the World Federation of Exchanges and Oliver Wyman urges supervisors to ensure outstanding CCP reforms are implemented in line with agreed principles to avoid fragmentation.

The FSA will stress tests regional banks and force weaker lenders to take action to improve profitability, replace their management, or merge.