Market Infrastructure

Market Infrastructure

Shinzo Abe’s Beijing Visit Paves Way for Financial Sector Cooperation

By Manesh Samtani | 29/10/2018

Forty years since the 1978 peace treaty marked by a series of MoUs between central banks, securities regulators, stock exchanges and industry bodies, among others.

Fintech / Regtech

HKMA Suspends E-wallet Auto Top-Up Service Amid Fraud Reports

By Garima Chitkara | 26/10/2018

Approximately HKD 180,000 was stolen from customers just three weeks after the launch of a service allowing automatic top-ups of e-wallets by direct debit from bank accounts.

Crypto / Digital Assets

Sibos: New Digital Economy Places Customer Needs in Focus

By Matthew Chan | 25/10/2018

As Australia’s banking sector continues to deal with fallout from Royal Commission findings of misconduct, Sibos highlighted a newfound focus on customer needs, says Matthew Chan.

Market Infrastructure

JPX, TOCOM Initiate Discussions to Consolidate Operations

By Editors | 25/10/2018

Discussions aimed at creating an integrated exchange offering both securities and commodities to boost competitiveness and attract global participants.

Market Infrastructure

Bond Connect Credited for Rapid Growth of China ABS Market

By Manesh Samtani | 25/10/2018

China’s onshore ABS market has been growing rapidly since the launch of Bond Connect last year, according to panellists at IMN’s Asian Structured Credit Summit.

Market Infrastructure

Market Needs to Do More to Prepare for End of LIBOR – ASIC, RBA

By Garima Chitkara | 24/10/2018

Participants need to be clear that the LIBOR will end after 2021 and prepare to deal with the challenges this presents, Australian regulators said at the ISDA Annual Australia Conference.

Capital / Liquidity

HKMA to Adopt BCBS Guidelines on Stress Testing

By Editors | 23/10/2018

Authorised institutions should review and strengthen stress testing frameworks and practices taking account of BCBS’ stress testing principles, the HKMA says.

Market Infrastructure

Banks Team Up to Develop Digital Trade Finance Network

By Manesh Samtani | 23/10/2018

The ‘Trade Information Network’ is expected to be production-ready by Q3 2019, representing the “first inclusive global multi-bank, multi-corporate network in trade finance”.

Market Infrastructure

SWIFT gpi Instant Cross-Border Payments Trial Hailed a Success

By Manesh Samtani | 22/10/2018

All payments during the trial were processed end-to-end within 60 seconds, demonstrating the service’s capabilities to scale and integrate with other real-time payment systems.