Market Infrastructure

Fintech / Regtech

HKEX Fights Market Abuse with AI, Machine Learning Tech

By JP Reimann | 19/04/2018

NASDAQ technology aims to better safeguard market integrity, detect unusual trading and market abuse, and provide immediate review of group activity involving coordinated trades.

Capital / Liquidity

India Sets Floor for Foreign Investment into Unregulated Financial Entities

By Garima Chitkara | 19/04/2018

Minimum foreign investment into fund-based services by unregulated entities to be set at $20 million; $2 million for non-fund based services.

Market Infrastructure

HK, Japan to Connect Settlement Systems

By JP Reimann | 19/04/2018

BOJ-NET link with HKD CHATS will effectively eliminate the need for the US dollar as an intermediate currency in cross-border transactions.

Market Infrastructure

GFMA Publishes Market Transparency Guidelines

By Editors | 19/04/2018

Trend towards market transparency across structurally different markets and jurisdictions highlights need for shared global principles.

Market Infrastructure

APRA’s Economic and Financial Statistics Reform: A User’s Guide to Readiness

By Douglas Cheung | 19/04/2018

APRA may have delayed planned reforms to the Economic and Financial Statistics reported by banks, but banks can’t afford to be complacent, says Douglas Cheung, examining how banks should best prepare for the reforms.

Fintech / Regtech

Singapore Moves Towards Open Banking Without Regulatory Mandate

By Garima Chitkara | 16/04/2018

MAS chief data officer says data sharing between financial firms will happen “organically” without need for regulatory mandate; may release guidelines on ethical data practices.

Market Infrastructure

Australia to Review Lack of Competition in Banking Sector

By Editors | 16/04/2018

The ACCC will examine a potential oligopolistic structure in Australia’s banking sector and review competitive practices that have allegedly led to higher barriers to entry for newcomers.

Capital / Liquidity

Indian Banks Face “Serious Governance and Risk Issues” – S&P

By Garima Chitkara | 16/04/2018

In light of recent NPA and governance issues at large private banks in India, S&P says Indian banks need an overhaul to enhance risk culture and governance.

Capital / Liquidity

Japan, China Urge EU Regulators to Relax Foreign D-SIB Rules

By Manesh Samtani | 16/04/2018

Joint letter from Japan, China banking associations say €30bn IPU threshold will make provision of financial services in the EU unsustainable for member banks.