MARKET INFRASTRUCTURE

Market Infrastructure

Singapore Boosts Banks in Battle vs Fintech Firms

By Samuel Riding | 02/10/2017

Banks allowed to provide broader range of services including online sale of consumer goods; MAS cites ‘increasing competition from non-bank players’.

Capital / Liquidity

India Insolvency Information Utility Granted 5-year License

By Editors | 02/10/2017

Bank-owned NESL wins license to operate utility which shares information on financial contracts as part of efforts to clean up bad loans.

Enforcement

Asia Pacific FIs Enter New Era of Accountability

By Editors | 28/09/2017

Australian bankers rail against short deadline for comments on BEAR, which mirrors Hong Kong’s recently introduced MiC.

Market Infrastructure

Equivalence not Regulatory Harmonisation the Answer for Asian FX

By Editors | 28/09/2017

GFMA, KPMG report suggests the number of liquidity providers will decline; market participants can’t expect harmonised regulatory environment.

Market Infrastructure

Hong Kong Considering Tax Breaks for PE Managers

By Editors | 28/09/2017

Government and trade bodies view PE as means of increasing support for Hong Kong Start-ups, keeping pace with Singapore and the UK.

Capital / Liquidity

State Media Details China’s Plans to Open up Capital Markets

By Editors | 28/09/2017

Global Times says domestic officials are increasingly frustrated by the slow pace of opening up and reform of capital markets.

Market Infrastructure

Volte Facebook – Asian Regulators Should Beware Multi-class Shares

By Peter Guy | 25/09/2017

Asian exchanges and regulators need to learn the latest lesson about how multiple share structures can be abused, and stopped.

Crypto / Digital Assets

DLT Essential for Capital Market Participants to Meet Regulatory Obligations – JPX

By Samuel Riding | 21/09/2017

Market participants can’t meet diverse regulatory requirements without using DLT to share back office and post-trade functions, report suggests.

Fintech / Regtech

ASEAN Fintechs, Banks Set up Pan-regional Sandbox to Boost Financial Inclusion

By Samuel Riding | 21/09/2017

Sandbox board includes ASEAN Bankers Association, Monetary Authority of Singapore and is being advised by Intel, Microsoft Asia Pacific and IBM Philippines.