Markets & Infrastructure

Trading & Investment

SGX Annual Report Highlights Rising Interest from Global Investors

By Manesh Samtani | 13/09/2019

SGX is exploring how new technologies can further add value for customers and improve operations, while its regulatory arm seeks a stronger presence and oversight.

Structural Regulation

Taiwan FSC Clarifies Rules on Virtual Bank Boards

By Editors | 13/09/2019

Banks cannot have executives or board members serving concurrently as directors or supervisors at the virtual banks in which they are invested.

Supervision & Enforcement

ASIC Issues Second Update on Response to Royal Commission

By Editors | 13/09/2019

Of 105 investigations and court actions underway against financial institutions at the end of July, 86 related to the big four banks and AMP.

Clearing & Post-Trade

DTCC Outlines ‘No-Touch’ Vision for Post-Trade Processing

By Editors | 13/09/2019

Much of today’s post-trade process is still handled manually, resulting in greater risk, errors and costs, says DTCC in a new white paper, highlighting the need for a new approach.

Structural Regulation

China Works Towards Unified Financial Infrastructure Regulation

By Editors | 13/09/2019

Work is underway to develop a unified framework for regulating and supervising critical financial infrastructures in China, where PBOC will be the main coordinating regulator.

Structural Regulation

CSRC Announces Top 12 Priorities to Deepen Reforms

By Editors | 12/09/2019

The priorities include encouraging more medium- and long-term funds to enter the market, improving the legal system, and strengthening supervision.

Market Data & Technology

IOSCO Recommends UTC as Standard Clock for Timestamping

By Editors | 12/09/2019

IOSCO is seeking feedback on a recommendation that all member jurisdictions use UTC as the standard reference time source for timestamping reportable events.

Structural Regulation

ASIC Extends Licensing Relief for Foreign Firms Ahead of New Regime

By Editors | 12/09/2019

The extension of licensing relief allows foreign financial services providers just over six months to decide whether they will apply for the new foreign AFS licence.

Conduct, Culture & Accountability

AFCA Clarifies How it Will Assess Legacy Complaints

By Editors | 12/09/2019

AFCA ombudsman Shail Singh says legacy complaints will be assessed against laws, industry practices and applicable standards in force at the time of the misconduct.