MARKET INFRASTRUCTURE

Capital / Liquidity

China, Japan to Cooperate on Audit Oversight, Cross-Border Bonds

By Editors | 26/12/2017

The agreement will strengthen cross-border investor protection and assist financial institutions with cross-border bond issuance.

Market Infrastructure

SEBI Seeks to Establish Clearinghouse Interoperability

By Editors | 24/12/2017

Connectivity between clearing corporations may help reduce clearing and compliance costs, boost capital allocation efficiency and enhance obligation nettings benefits.

Capital / Liquidity

ESMA Gives Investment Firms, Issuers More Time on LEIs

By Editors | 21/12/2017

Six months forbearance to be allowed for obtaining LEI codes from clients, non-EU issuers of financial instruments.

Enforcement

HK SFC Releases 1st MiC Regime Guidance Bulletin

By Editors | 20/12/2017

Report warns on conflicts of interest in sales practices and asset management; notes asset management sector now has more than half of all intermediaries.

Market Infrastructure

Shenzhen, Laos Exchanges Sign MoU on Capital Market Cooperation

By Editors | 19/12/2017

SZSE and LSX to share information, personnel, technology, expertise; financial infrastructure connectivity to facilitate cross-border ‘economic corridor’.

Market Infrastructure

Feeding the Bitcoin Bubble

By Peter Guy | 18/12/2017

The start of bitcoin futures may increase speculation and international regulatory risks as countries rein in credit.

Capital / Liquidity

Korea to Ban Foreigners from Cryptocurrency Trading Accounts

By Editors | 18/12/2017

Government has made abrupt about turn to legitimize cryptocurrencies by bringing them under greater regulatory purview.

Market Infrastructure

China to Scrap RMB Trading Waitlist for Foreign Banks

By Samuel Riding | 14/12/2017

Move is part of a package reforms including ‘non-discriminatory ownership limit rules’ for overseas banks, but PBOC doesn’t provide timeline.

Market Infrastructure

Malaysia, Thailand and Indonesia Launch Local Currency Clearing

By Editors | 13/12/2017

Deal involving multiple regional banks, which takes effect on 2 January, will enable wider use of domestic currencies in financial investment.