Markets & Infrastructure

Trading & Investment

China: S&P Global Authorised to Rate Exchange-traded Bonds

By Editors | 25/10/2020

S&P Global’s China unit can rate bonds and asset-backed securities that are traded or listed for transfer on China’s exchange-traded bond market.

Trading & Investment

HKEX Proposes to Allow Holiday Trading of MSCI Derivatives

By Editors | 25/10/2020

Exchange participants are asked to indicate their expectations for operational readiness by completing an online form by 6 November.

Payments & Settlements

GFXC to Complete FX Global Code Review by Mid-2021

By Manesh Samtani | 23/10/2020

Among the key issues in the FX market has been settlement risk, given the increasing number of trades being settled without PvP protection, says RBA deputy governor Guy Debelle.

Climate Risk

NZX, EEX to Jointly Develop Auction Service for Emissions Trading

By Editors | 23/10/2020

NZX and EEX will develop and operate the managed auction service for New Zealand’s Emissions Trading Scheme, helping to bring carbon costs into the mainstream.

Conduct, Culture & Accountability

HKMA Issues Guidance on Bank Sales of Policy Replacement

By Manesh Samtani | 22/10/2020

Banks engaged in insurance sales are expected to identify policy replacement at the point of sale and provide advice to customers on whether policy replacement is in their best interests.

Trading & Investment

GBA Wealth Management Connect to Operate With Quota System

By Manesh Samtani | 22/10/2020

The scheme will be capped at 150 bn yuan in each direction, and an individual quota of 1 mn yuan will be imposed on Greater Bay Area residents.

Trading & Investment

Taiwan FSC to Check How Brokers Use High-speed Trading for Clients

By Editors | 22/10/2020

The FSC will carry out an inspection at 22 securities firms to check that they are using high-speed trading properly in offerings to clients.

Conduct, Culture & Accountability

Sydney Court Orders SocGen Securities to Pay A$30,000 Penalty

By Sanday Chongo Kabange | 22/10/2020

SocGen pleaded guilty in July for failing to pay client money into segregated authorised bank accounts and for making payments out of a client money account that were not permitted.

Cloud & Infrastructure

India’s Gift City Regulator Introduces Regulatory Sandbox Framework

By Sanday Chongo Kabange | 22/10/2020

All entities operating in the capital market, banking, insurance and pension sectors, as well as individuals and startups from India and FATF-compliant jurisdictions, are eligible.