Market Infrastructure

Market Infrastructure

Australian Regulators Prescribe Open Access to ASX Clearing Services

By Manesh Samtani | 18/10/2020

According to sources, the guidance was issued to prevent ASX Clear from imposing requirements on NSX with respect to the standards of its listed companies.

Fintech / Regtech

PBOC to Establish Consumer Protection Fund for Payments

By Editors | 15/10/2020

The new regulations are aimed at establishing a long-term mechanism for resolving and disposing of risks at non-bank payment institutions, the PBOC said.

Market Infrastructure

About Half of Global FX Market Exposed to Settlement Risk

By Margaret Law | 15/10/2020

Without immediate action, FX settlement risk will continue to accumulate and introduce vulnerabilities into the global financial system, says Margaret Law at CLS.

Securities / Derivatives

HKIFA Warns Against Changing UCITS Delegation Model – Report

By Editors | 15/10/2020

HKIFA chief Sally Wong reportedly said a move to restrict the delegation model could prompt capital to flow away from the European fund industry.

Market Infrastructure

SFTR Reporting Regime Goes Live for Buy-Side Firms

By Editors | 14/10/2020

Phase three of the SFTR places reporting obligations on investment funds, insurance companies and pension funds.

Market Infrastructure

Australian Regulators Urge Adherence to ISDA IBOR Fallbacks

By Editors | 14/10/2020

The ISDA IBOR fallbacks protocol and supplement were informed by extensive consultation with industry, including in Australia.

AML / KYC

G20 Ministers Extend DSSI Debt Relief, Welcome FSB, FATF Efforts

By Manesh Samtani | 14/10/2020

The G20 finance ministers and central bank governors have agreed to extend debt relief for low-income countries for six months, and welcomed efforts by the FSB and FATF.

Fintech / Regtech

RegTech Asia 2020: LIBOR Transition Progress

By Editors | 14/10/2020

How has LIBOR transition been progressing in Asia Pacific, and how is technology helping to facilitate transition efforts?

ESG / Sustainability

FSB Publishes Letter to G20 Ahead of Virtual Meeting

By Manesh Samtani | 14/10/2020

The letter describes the FSB’s work to address issues of financial innovation and technology, promote a resilient and integrated global financial system, and address market fragmentation.