The biggest barrier to entry for fintech firms will be the capital regulations imposed on existing brokerage firms.
Overseas investors may get access to mainland stock index futures under the QFII and RQFII programmes. No details revealed about quota arrangements.
SWIFT has released a new report on the state of adoption of the ISO 20022 financial messaging standard among Asia Pacific securities market infrastructures.
A consultation proposes the creation of a nomination committee comprising external experts to recommend a self regulatory organisation for mutual fund distributors and advisers to curb mis-selling.
NSE and SGX have reportedly finalised an agreement that will enable SGX to offer trading in Nifty derivatives to Singapore investors through a special purpose vehicle operating as a broker at GIFT City.
The European Commission recognises Singapore trading venues as MiFIR-compliant; MAS has exempted EU trading facilities from its markets licensing requirements.
China’s pilot scheme allowing banks to sell government bonds to retail investors has been met with success, with over $200mn in bonds sold in a single day.
In a MAS-CAD joint investigation, three individuals are being charged for allegedly spoofing SGX-MSCI index futures and giving false statements to SGX.
The acquisition is part of SGX's strategy to build core pillars of growth across multiple asset classes, with FX being one of its key growth pillars.
SEBI has set a cap on up-fronting of trail commissions and amended disclosure rules to "protect the interests of investors."