Market Infrastructure

The FSB and IOSCO have separately published reports on market fragmentation as they seek to minimise its adverse effects on financial stability and market efficiency.

Huatai Securities reconfirming its intention to list depositary receipts on the LSE signals that the issues that delayed the Shanghai-London Stock Connect may now be resolved.

The BOJ-ECB phase three study says DLT can improve security in cross-border payments by using payment methods that synchronise payments and lock funds along the payment chain.

A new open data system will start providing anonymised credit information of two million people as sample data in June; and next year a financial data exchange will be launched.

Financial institutions need to build trust, inclusivity and sustainability in order to be a force for good, MAS managing director Ravi Menon said in a speech on Monday.

Two discussion paper have been issued, one on public disclosures of information on resolution planning and resolvability, the other on winding down large derivatives portfolios.

By laying the groundwork, identifying key goals and developing processes, regulatory change management can be a business-as-usual activity, says Fenergo's Rachel Woolley.

BSE India and its subsidiary ICCL have gone live with the clearing corporation interoperability framework, despite a one month extension being announced.

The FRC will be empowered to order penalties of up to HK$10mn or three times the profit gained or loss avoided as a result of misconduct, whichever is higher.

HKMA Deputy Chief Howard Lee says global banks are the "best equipped" and should be taking the lead in the transition to alternative reference rates.