Markets & Infrastructure

Structural Regulation

S. Korea and Poland to Boost Cooperation on Banking

By Mark Johnston | 20/11/2024

About 370 Korean companies operate in Poland, but none are financial companies. The MOU will enable Korean banks to expand to Poland.

Structural Regulation

CSRC to Launch New Round of Market Reforms

By Editors | 20/11/2024

Top CSRC officials said at the HKEX Connect Summit that a better environment will be created for international investors.

Trading & Investment

CSRC Issues New Market Value Management Guidelines

By Manesh Samtani | 20/11/2024

The guidelines require companies trading below their net asset value for 12 months to formulate and disclose a valuation improvement plan.

Payments & Settlements

Australia Sets Out Roadmap for Ending Cheque Use

By Sanday Chongo Kabange | 19/11/2024

Cheques will stop being issued by mid-2028 and stop being accepted on 30 September 2029.

Clearing & Post-Trade

ESMA Proposes 11 October 2027 for Migration to T+1 Settlement

By Manesh Samtani | 19/11/2024

ESMA says 11 October 2027 is the optimal date for the transition, and that it must be coordinated with other jurisdictions in Europe.

Structural Regulation

ASX Files Defence in ASIC’s Misleading Statements Case

By Sanday Chongo Kabange | 19/11/2024

CEO Helen Lofthouse said there was a “reasonable basis” for the statements ASX made about the CHESS replacement project’s progress on 10 February 2022 and it did not breach the law.

AI Risk & Governance

SEBI Proposes Reforms to Make Firms Responsible for AI Use

By Nithya Subramanian | 19/11/2024

SEBI is proposing amendments that will make MIIs, intermediaries and other regulated entities accountable for their use of AI/ML tools.

Trading & Investment

HKEX, HSIL Launch New Index Focused on Stock Connect

By Sanday Chongo Kabange | 19/11/2024

The ‘Stock Connect China Enterprises Index’, or SCCEA, will track the largest Chinese companies under the Stock Connect scheme.

Payments & Settlements

HKMA Asks Merchant Acquiring Banks to Promote Mobile POS

By Sanday Chongo Kabange | 19/11/2024

Banks are asked to promote adoption of mobile POS terminals by merchants to help expand coverage “as far as practicable”.