BSE (Bombay Stock Exchange) will conduct a mock trading session from a disaster recovery site in Hyderabad to test the strength of its systems.
Platform supports regulatory and risk reporting, data aggregation.
Conclusion based on surveillance assessments and engagement with HK, Singapore regulators.
Deputy governor says orderly market exits for financial institutions should be encouraged.
Protocol covers transmission of MiFID II transaction reports to approved mechanisms.
Singapore regulator will also create new enforcement unit, drawing in staff from different divisions.
Regulator to continue with strict oversight, strengthen action on restructuring, M&A manipulation.
Vietnam’s NFSC and Korea’s FSC will also share data on regulatory activities and financial institutions.
Institutions will be able to start activity with only a notification to their respective markets.
USD38 billion quota is the second largest after Hong Kong’s.