Market Infrastructure

Big Picture

Cyber Risk, Brexit Among Top Threats for 2019 – Survey

By Manesh Samtani | 11/12/2018

Cybersecurity, geopolitical risks and Brexit were found to be the top three risks with possible systemic consequences for 2019, according to a new survey by DTCC.

Market Infrastructure

RBI Governor Resigns Before Term-End, Citing ‘Personal Reasons’

By Garima Chitkara | 11/12/2018

Urjit Patel has resigned from his post as governor of the RBI, citing personal reasons, soon after a public dispute erupted between the central bank and the government.

Capital / Liquidity

PBOC Consults Internally on Draft Rules for Financial Conglomerates – Report

By Editors | 11/12/2018

New rules for financial holding companies could include requirements on capital adequacy, caps on non-financial assets, and segregation of business units.

Market Infrastructure

SEBI Issues Cybersecurity Framework for Market Infrastructures

By Editors | 11/12/2018

Stock exchanges, clearing corporations and depositories have six months to put in place appropriate systems and processes for implementation of the new guidelines.

Market Infrastructure

China to Include Dual Class Shares in Southbound Stock Connect Trading

By Editors | 10/12/2018

Chinese stock exchanges will work with HKEX to formulate rules enabling mainland investors’ access to Hong Kong-listed dual class shares by mid-2019, after banning them in July.

Market Infrastructure

Industry Bodies Seek Clarity on Temporary Recognition of UK CCPs

By Manesh Samtani | 10/12/2018

ISDA, FIA, AFME and ICMA have written to the European Commission asking for greater clarity on proposed temporary equivalence and recognition of UK-based CCPs in a no-deal Brexit.

Market Infrastructure

Shanghai-London Stock Connect Launch Delayed – Report

By Editors | 07/12/2018

The launch has reportedly been delayed in connection with a Brexit parliamentary vote and a lack of clarity from Chinese regulators on technical issues.

Market Infrastructure

SWIFT to Pilot Real-time Error Detection in gpi Payments

By Editors | 06/12/2018

SWIFT gpi pre-validation service will ensure preventable errors and omissions are corrected before initial payment instructions are sent, reducing delays and costs for banks.

Market Infrastructure

Blockchain: State of Play Among Market Infrastructures

By Matthew Chan | 05/12/2018

Rather than disintermediating centralised market infrastructure, DLT is being used to support centralised ecosystems, says Matthew Chan.