Markets & Infrastructure

Structural Regulation

PBOC Proposes Rule Amendments to Enhance Transparency of NCD Market

By Mark Johnston | 01/07/2026

PBOC is seeking feedback on revised rules for negotiable certificates of deposit to enhance macro-prudential management and market transparency.

Conduct, Culture & Accountability

SFC Chair Outlines Framework to Enforce Stakeholder Accountability

By Sanday Chongo Kabange | 01/07/2026

SFC chairman Kelvin Wong proposes new duties for company directors and metrics linking stakeholder treatment to capital costs.

Payments & Settlements

India's UPI to Launch in Seychelles Under New Bilateral Pact

By Editors | 01/07/2026

The agreement between NPCI and the Central Bank of Seychelles is part of a broader set of deals including an extradition treaty and a major credit line.

Clearing & Post-Trade

ESMA Grants Recognition to India's CCIL, Ending Regulatory Standoff

By Nithya Subramanian | 01/07/2026

The recognition restores access for EU market participants after a years-long dispute over supervisory oversight was resolved by a new cooperation agreement.

Emerging Prudential Risks

China Opens Proposed Foundational Financial Law for Public Consultation

By Mark Johnston | 01/07/2026

A new draft law aims to bring all financial activities under supervision, strengthen Party leadership, and establish a 'bottom-line' mechanism to prevent systemic risk.

Conduct, Culture & Accountability

Australian Court Fines Mercer Super A$10.3M for Reporting Failures

By Sanday Chongo Kabange | 01/07/2026

Australia's Federal Court has penalised the superannuation giant for systemic failures in reporting significant breaches and misleading the regulator.

Sustainable Finance

Vietnam Launches Domestic Carbon Exchange to Drive Net-Zero Goal

By Nithya Subramanian | 01/07/2026

The emissions trading system begins a pilot phase until 2028, involving over 100 companies and establishing a key pillar of the country's green finance ecosystem.

Clearing & Post-Trade

DTCC Launches 24x5 Clearing for US Equities Market

By Manesh Samtani | 01/07/2026

DTCC's clearing arm has extended its operating hours, applying central counterparty protection to overnight trades for the first time.

Liquidity Risk

PBOC Debuts Overnight Repo to Manage Short-Term Liquidity

By Mark Johnston | 01/07/2026

PBOC has launched a new overnight liquidity tool, injecting CNY 300 billion but surprising markets by not disclosing the rate.