Markets & Infrastructure

Trading & Investment

China Launches New FX Options Trading Pairs in Interbank Market

By Editors | 28/08/2019

Before Monday, the CFETS only provided FX options trading where one side of the pair was the CNY. New contracts include EUR/USD, USD/JPY, GBP/USD, AUD/USD and USD/HKD.

Structural Regulation

China to Accelerate Capital Market Reforms – Report

By Editors | 28/08/2019

The CSRC said it has adapted its plan to accelerate the opening-up of the capital market from international best practices.

Data Privacy

ACCC Invites Firms to Test Open Banking Data Sharing

By Editors | 27/08/2019

The ACCC is seeking participants to help it test the data-sharing ecosystem under the consumer data right, which was passed into law earlier this month.

Data Privacy

Uncovering the Terms and Conditions for Technology

By Max Kantelia | 27/08/2019

Legislators and industry leaders need to work together to ensure the benefits of innovation do not come at the cost of fairness, choice, and privacy, says Zilliqa co-founder Max Kantelia.

Conduct, Culture & Accountability

ASIC Allows AFCA to Name-and-Shame Financial Firms

By Editors | 27/08/2019

ASIC says the move will enhance transparency and accountability of firms’ performance in complaints handling, and of AFCA’s own decision-making.

Conduct, Culture & Accountability

Australia to Introduce Best Interests Duty for Mortgage Brokers

By Editors | 27/08/2019

Under draft legislation released by the government, mortgage brokers that fail to act in the best interests of consumers will face fines of up to A$1.05mn.

Conduct, Culture & Accountability

BNM Raises Culture Bar for Development Financial Institutions

By Editors | 26/08/2019

DFIs should firmly ground their business models on strong governance and a culture of professional management, said BNM governor Nor Shamsiah Yunus.

Structural Regulation

CSRC to Allow Listed Companies to IPO Spinoff Units

By Editors | 26/08/2019

Under draft rules, parent companies must meet certain conditions to list spinoff units, including requirements to have been listed, and profitable, for at least the last three years.

Clearing & Post-Trade

China Allows Foreign Investors to Use T+3 Bond Settlement

By Manesh Samtani | 26/08/2019

The move will further facilitate the participation of foreign institutional investors in the interbank bond market, who need the extra time to fund their trades.