Market Infrastructure

Market Infrastructure

India Finance Ministry to Have Greater Say in SEBI Rulemaking

By Editors | 31/01/2019

SEBI regulations may need to be vetted through a separate independent committee constituted by the Ministry of Finance before being passed to the regulator’s own board for approval.

Market Infrastructure

Regulatory Fragmentation Heightens Derivatives Market Risk – ISDA

By Manesh Samtani | 31/01/2019

Policymakers should reduce the gap between national regulations and global standards, and adopt a risk-based framework for the recognition of comparable regulatory regimes.

Market Infrastructure

JPM Asset Management Approved to Sell HK Funds in China

By Editors | 30/01/2019

Two of JPMorgan’s Hong Kong funds have been approved for distribution in China under the Mutual Recognition of Funds scheme.

Market Infrastructure

CSRC Grants QCCP Status to Major Futures Exchanges

By Editors | 29/01/2019

The CSRC says the move demonstrates China’s active promotion of the CPMI-IOSCO Principles for Financial Market Infrastructures and its intent to internationalise its futures markets.

Market Infrastructure

EU-Japan Data Sharing Agreement Takes Effect

By Editors | 29/01/2019

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.

Market Infrastructure

S&P Approved to Enter China’s Credit Rating Market

By Editors | 29/01/2019

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

Market Infrastructure

Hong Kong Seeks Market Views on Paperless Securities Market

By Editors | 29/01/2019

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.

Market Infrastructure

EU Benchmark Regulation – Not Just a European Problem

By Gregory Campbell | 29/01/2019

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.

Market Infrastructure

SEBI Grants QCCP Status to Gift City Clearing Corporations

By Editors | 28/01/2019

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.