Markets & Infrastructure

Payments & Settlements

Paytm Gains NPCI Approval to Onboard New UPI Users

By Mark Johnston | 26/10/2024

Paytm has received approval from the NPCI to resume onboarding new UPI users, a development seen as significant for the company.

Payments & Settlements

HSBC Hong Kong Becomes Direct Participant of China’s CIPS

By Editors | 26/10/2024

The move will make it easier for overseas companies to trade and invest using the Chinese currency by making yuan payments faster and cheaper.

Fraud, Scams & Cybercrime

Australia to Create Streamlined Process for Scam Victims to Seek Redress

By Mark Johnston | 25/10/2024

AFCA will operate an external dispute resolution scheme for scam victims to seek compensation from banks, telcos and digital platforms.

Structural Regulation

NZX Amends Market Maker Eligibility Settings, Effective 22 Nov

By Editors | 25/10/2024

From 22 November, firms will be able to participate as market makers without being direct trading participants of NZX.

Conduct, Culture & Accountability

ASIC Sues Australia’s Largest Insurer for Overcharging Premiums

By Thisanka Siripala | 25/10/2024

QBE Insurance promised certain discounts on premiums that were not properly applied, leading to higher-than-expected premiums for many policyholders.

KYC & CDD

GLEIF Opens Mumbai Office to Support LEI Adoption in India

By Editors | 25/10/2024

The new office will help GLEIF build closer engagement with the market to ease and support LEI adoption, while also spreading awareness of the vLEI.

Trading & Investment

SGX FX Targets Growth in Electronic FX Options Trading

By Mark Johnston | 25/10/2024

SGX FX CEO Lee Beng Hong said there is a “big opportunity” to bring efficiency to FX options, which still largely trade bilaterally or on voice.

Structural Regulation

SFC Extends Parallel Run Period for New e-IP Platform

By Manesh Samtani | 25/10/2024

The SFC said the extension is to facilitate user experience enhancements on the new application and submission system for investment products.

Structural Regulation

SEBI Orders Entities to Cut Ties with Unregistered Financial Advisors

By Nithya Subramanian | 25/10/2024

SEBI has directed all registered entities to terminate contracts with unregistered financial advisors within three months.