Markets & Infrastructure

Structural Regulation

Hong Kong Reappoints HKMA Chief for Second Term

By Nithya Subramanian | 29/07/2024

During his second term, Eddie Yue said the HKMA will deepen connectivity with the Mainland and promote fintech and sustainable finance.

Trading & Investment

Korea: Reforms Boost Appeal of Government Bond Market

By Manesh Samtani | 28/07/2024

Research by ICMA and Bloomberg found increasing interest by international investors in the KTB market due to recent reforms.

Market Abuse

FMSB Publishes Spotlight Review on Pre-Hedging Practices

By Editors | 28/07/2024

The Spotlight Review offers case studies to provide practical guidance and highlight the nuanced application of pre-hedging principles across different context.

Clearing & Post-Trade

France Advocates for Coordinated Approach to T+1 Transition

By Ranamita Chakraborty | 28/07/2024

AMF and Banque de France call for a “two-phased approach” to the transition, emphasising close cooperation with the UK and Switzerland.

PEPs & Sanctions

EU Disburses First Funds Generated from Frozen Russian Assets

By Editors | 27/07/2024

The €1.5bn instalment will be used to support Ukraine, in line with an EU-wide agreement on how profits generated from frozen Russian central bank assets can be used.

Structural Regulation

UK CMA Orders HSBC to Remedy Breaches of Open Banking Rules

By Editors | 27/07/2024

The CMA said Lloyds, TSB and AIB also breached the open banking rules, but the breaches were less extensive and are being addressed.

Structural Regulation

New Reporting Requirements for Super Funds Take Effect in Australia

By Editors | 27/07/2024

ASIC also now has the power to enforce compliance by super funds with accounting and auditing standards, akin to the powers it exercises over listed companies.

Trading & Investment

PBOC, SAFE Simplify Requirements Under QFII, RQFII Regime

By Manesh Samtani | 27/07/2024

QFII and RQFII registration, FX management, and account management requirements have been simplified to ease access for foreign investors.

Custody & Infrastructure

New Zealand FMA Issues Guidance on Protecting Client Assets

By Sanday Chongo Kabange | 27/07/2024

The guidance note applies to financial service providers that hold or deal with client money or property on behalf of clients, including stockbrokers and custodians.