Indonesian central bank says ‘financial innovation’ requires pre-approval; State Bank of Vietnam to pass law outlawing virtual currencies next year.
From 6 November, trading in mini and full versions of HSI and HSCEI index futures will be extended to 1am Hong Kong time.
RBI (the Reserve Bank of India) will allow central treasuries used by non-resident companies to hedge their rupee currency risk from trade transactions.
Move comes as National Stock Exchange bids to end case of alleged unfair access via its co-location facility by offering to pay fine.
Swap dealers or major market participants subject to EC margin rules can assume ‘substituted compliance’ when dealing in US.
Proposed market practice rules would end requirement that senior managers pre-approve staff to trade so long as customer information is protected.
SFC chief says move will enhance market transparency and surveillance, and improve efficiency in cracking down on malpractice.
Trial has already been completed on interbank transfers; blockchain programme will be extended to include securities sector as well as payments.
Vice chair Fang Xinghai says stock index futures market has been ‘substantially restored’ since outright ban in September 2015.
Brokerages will be required to report more data, ensure their systems are transparent, fair, secure and compliant with national laws.