Markets & Infrastructure

Payments & Settlements

SWIFT, Singapore IMDA Join Forces to Digitalise Trade Documents

By Editors | 06/10/2020

The collaboration will pave the way for the seamless exchange of electronic trade documents around the world, shorter trade processing times, and opportunities for innovation.

Conduct, Culture & Accountability

Court Orders ANZ To Pay A$10m Penalty Over Unlawful Fees

By Editors | 06/10/2020

The case, launched by ASIC in July 2019, related to periodic payment fees ANZ was not entitled to charge under its terms and conditions.

Market Data & Technology

JPX Forms Committee to Investigate TSE System Failure

By Editors | 06/10/2020

The TSE said a failure occurred in a memory module of an Arrowhead shared disk device, where operations did not switch over to a secondary device due to a device setting.

Trading & Investment

HKEX Set to Adopt Enhancements to Pre-opening Session

By Editors | 06/10/2020

The POS enhancements, finalised in December, involve the adoption of features from the closing auction session, with the aim of improving price discovery and trading liquidity.

Structural Regulation

Fusion Bank Kicks Off Virtual Banking Soft Launch

By Manesh Samtani | 05/10/2020

Under the HKMA’s sandbox, Fusion Bank will provide savings and time deposits, local fund transfers, payments, and become the first virtual bank to offer FX services.

Structural Regulation

ISDA Calls for Common Standards in Derivatives, SFT Markets

By Editors | 05/10/2020

The development of common standards and taxonomies will facilitate automation and interoperability across derivatives and SFT markets.

Market Abuse

ASIC Bans Former Fixed Income Broker for Ten Years

By Editors | 05/10/2020

The ex-broker charged unpermitted spreads and traded at prices other than the agreed independent valuation on transactions entered on behalf of referred clients.

Trading & Investment

Osaka Exchange to Launch Petroleum Index Futures

By Editors | 05/10/2020

The new futures contract will be based on the CME Group Petroleum Index and launch by year-end, subject to regulatory approvals.

Structural Regulation

EU Antitrust Objections Expected Over LSEG-Refinitiv Deal

By Manesh Samtani | 05/10/2020

EU regulators are said to have antitrust concerns over LSEG’s proposed acquisition of Refivitiv. A Singapore consultation covering similar concerns is closing soon.