Market Infrastructure

Market Infrastructure

S&P-IHS Deal Wins Regulatory Approval in the US

By Editors | 15/11/2021

To win approval for the $44bn combination, the companies agreed to sell three of IHS Markit’s price reporting agency businesses.

Market Infrastructure

Beijing Stock Exchange Starts Trading With 81 Listings

By Sanday Chongo Kabange | 14/11/2021

The first batch of listings will start trading today (15 November), just two months after the SME-focused exchange was proposed by President Xi Jinping.

Market Infrastructure

RBI Lifts Diners Club Restrictions Citing ‘Satisfactory Compliance’

By Editors | 14/11/2021

Restrictions prohibiting Diners Club from onboarding new domestic customers have been lifted. Similar restrictions are still in place for Amex and Mastercard.

Market Infrastructure

India’s CDSL Exposes Data from 44 Million Investors – Reports

By Ranamita Chakraborty | 13/11/2021

Information security consultant CyberX9 said CDSL took seven days to fix the initial vulnerability when it could have been fixed within two hours.

Market Infrastructure

MAS Raises Corporate Governance Expectations for FIs

By Sanday Chongo Kabange | 12/11/2021

New expectations on corporate governance will start to take effect from 1 January 2022, MAS says in its consultation response.

Fintech / Regtech

Malaysia Joins PoC Project to Test Cross-border Payment Links

By Editors | 11/11/2021

BNM and PayNet are joining Project Nexus, which was first announced in July by BIS Innovation Hub and MAS to explore new cross-border payment linkages.

AML / KYC

Wolfsberg Group Endorses ISO 20022 Screening Guidelines

By Sanday Chongo Kabange | 11/11/2021

Wolfsberg Group says the adoption of ISO 20022 enables improved adherence to the group’s own ‘Payments Transparency Principles’.

Market Infrastructure

Bank Indonesia Set to Launch Faster Payment System

By Sanday Chongo Kabange | 11/11/2021

‘BI-Fast’ will enable real-time payments 24/7 for retail customers, and will also be used in cross-border payments in future.

Fintech / Regtech

MAS to Build Out CBDC Infrastructure, Technical Competencies

By Manesh Samtani | 10/11/2021

Speaking at Singapore Fintech Festival, MAS managing director Ravi Menon outlined three reasons MAS could issue to a CBDC, while also highlighting the associated risks.