Markets & Infrastructure

Trading & Investment

BNM Eases Rules for Non-resident Banks Trading Ringgit IRS

By Editors | 15/03/2021

Non-resident banks can trade ringgit-denominated interest rate swaps without any underlying commitment with any onshore bank or its appointed overseas offices.

Structural Regulation

SSE Signs Cooperation Agreement with Serbian Bourse

By Editors | 15/03/2021

The two exchanges will cooperate in information exchange, cooperative research, personnel exchange, and product development.

Trading & Investment

HKEX Sets 12 April Launch for Derivatives VCM, POS Enhancements

By Editors | 14/03/2021

From 12 April, the VCM will allow multiple triggers per session, and a random cutoff mechanism will be introduced in the pre-opening and pre-open allocation sessions.

Payments & Settlements

China Pilots Greater FX Autonomy for Multinational Companies

By Editors | 14/03/2021

Under the pilot programme, certain multinational companies will be able to purchase foreign currencies at their discretion, rather than seeking authorisation for each transaction.

Trading & Investment

HKEX Launches New China, Taiwan Index Options Contracts

By Editors | 14/03/2021

The new options contracts aim to meet the trading and hedging needs of investors with exposures to large and mid-cap companies in China and Taiwan.

Payments & Settlements

SWIFT to Launch Enhanced Platform in November 2022

By Editors | 14/03/2021

The first release of the enhanced platform will go live in November 2022, supporting MT messaging and ISO 20022, while also allowing connections via APIs.

Payments & Settlements

Bangladesh Cabinet Approves Bill on Payments Supervision

By Editors | 13/03/2021

The bill is aimed at providing additional safeguards against fraud, allowing Bangladesh Bank to monitor all electronic payments and penalise violations.

Market Data & Technology

Vietnam Works to Address System Overloads at HoSE

By Sanday Chongo Kabange | 13/03/2021

Industry body VAFI is calling for new management at HoSE. Meanwhile, HNX is setting up a new board to absorb HoSE-listed companies to ease market overload issues.

Conduct, Culture & Accountability

ASIC Consults on Deferred Sales Model for Add-on Insurance

By Ranamita Chakraborty | 13/03/2021

From 5 October, the deferred sales model will introduce a four-day pause between the sale of a principal product or service and the sale of add-on insurance.