Recognition means firms subject to upcoming MAS clearing requirements can use LCH.Clearnet platform.
FSC aims to make foreign investment in local stocks easier, regain MSCI developed market status.
Move designed to make segment safer and reduce volatility, but could hurt large players.
Exchange, monetary authority agree to leave six-12 month gap between new requirements.
Monetary authority says self-regulating Singapore exchanges can have ‘blind spots’
Incidents of unauthorised access prompt reminder from regulator, cybercrime bureau.
Securities and Exchange Surveillance Commission asks for details of brokerages’ HFT services.
Central bank sets clearing bank RRR at up to 17%, issues lending suspension, ‘guidance’ on cash pool outflows.
Philippine Stock Exchange meets extended deadline to submit detailed proposal on consolidation of equity, fixed income markets.
Both jurisdictions said unlikely to implement FATF recommendations before the end of this decade.