Market Infrastructure

The EU adequacy decision on Japan creates the world's largest area of safe data flows and serves as an example for future partnerships and global standard setting.

The People's Bank of China has approved S&P Global Ratings to operate locally in its latest move to open up financial markets.

Hong Kong is seeking industry feedback on plans to introduce new systems for a paperless securities market to enhance global competitiveness and increase market efficiency.

APAC benchmark administrators hoping to retain or grow their user base in the EU must take action now to gain approval before 2020, say PwC's Gregory Campbell and Daniela Bunea.

India International Clearing Corporation (IFSC) Limited and NSE IFSC Clearing Corporation – wholly owned subsidiaries of the BSE and NSE, respectively – have been granted qualifying central counterparty status.

The 'US Dollar ICE Bank Yield Index' is fully transaction-based and designed to measure the yields at which investors are willing to invest US dollar funds on a wholesale, unsecured basis.

Enabled by Traiana infrastructure, HKEX OTC Clear is offering the first clearing service for deliverable FX forwards and swaps in the USD/CNH and USD/HKD currency pairs.

Clearinghouses should consider multiple risk factors in determining exposure and put more of its own capital on the line to manage defaults before dipping into the member default fund.

An industry working group established by the NZX and FMA and supported by EY will provide recommendations to increase the depth and attractiveness of New Zealand’s capital markets.

Authorities have reportedly already approached potential IPO candidates for the SSE's new science and technology board. Draft listing rules are expected as early as this month.