Markets & Infrastructure

Payments & Settlements

RBI Overhauls Rules for Non-Bank Outward Remittances

By Nithya Subramanian | 15/05/2026

India’s central bank has removed a prior approval rule, placing full compliance responsibility for non-bank remittance partnerships on banks.

Tokenisation

Tokenised Collateral Could Unlock Billions, Transform Liquidity: Report

By Manesh Samtani | 15/05/2026

New DTCC white paper outlines how tokenised assets and DLT can reduce liquidity buffers and capital requirements.

Structural Regulation

BSEC Issues New Rules for Conversion of Close-end Mutual Funds

By Nithya Subramanian | 15/05/2026

The rules will force a unitholder vote on the future of underperforming closed-end funds, requiring them to either convert to open-end schemes or face liquidation.

Trading & Investment

Pakistan Launches First-ever Panda Bond Issuance in Beijing

By Manesh Samtani | 15/05/2026

The yuan-denominated issuance, part of a wider USD 1 billion programme, aims to diversify funding sources and reduce borrowing costs.

Structural Regulation

ASX Appoints Euronext Veteran Anthony Attia as New CEO

By Sanday Chongo Kabange | 15/05/2026

ASX has named a new chief with deep European market infrastructure experience to lead its transformation efforts.

Structural Regulation

SEBI Proposes Overhaul of Municipal Bond Framework

By Nithya Subramanian | 15/05/2026

The regulator seeks to boost urban infrastructure financing with proposals for pooled issuance, refinancing, ESG bonds, and greater retail participation.

Resolution & Recovery

Bangladesh: Banks Call for Reforms to Ease NPL, Liquidity Crisis

By Nithya Subramanian | 15/05/2026

The industry body warned the central bank that a new resolution act could allow controversial figures to reclaim troubled lenders, undermining public confidence.

Resolution & Recovery

ISDA, FIA Call for Clearer Safeguards in MAS Resolution Rules for Capital Market FMIs

By Manesh Samtani | 14/05/2026

Industry bodies support Singapore’s proposed framework but seek explicit exclusion of initial margin haircutting and clearer triggers for resolution.

Structural Regulation

Australia Boosts ASIC Funding for Managed Funds Oversight After High-Profile Collapses

By Sanday Chongo Kabange | 14/05/2026

ASIC will receive new funding to enhance supervision of managed investment schemes, following recent high-profile collapses and a review of the sector.