Markets & Infrastructure

Trading & Investment

Korea to Conduct Final Trials for Extended FX Trading Hours

By Editors | 19/06/2024

As of 1 July, onshore dollar-won trading will close at 2am, compared to 3.30pm currently. Final tests will be carried out this week.

Payments & Settlements

Singapore, Cambodia Launch Financial Transparency Corridor

By Editors | 19/06/2024

The initiative will enable better credit risk assessments by participating FIs in both countries and improve access to financing for SME trade.

Reporting & Disclosures

Hong Kong AFRC Calls for Greater Focus on Audit Quality

By Sanday Chongo Kabange | 19/06/2024

The AFRC also expressed concerns regarding the current limitations of climate-integrated financial reporting and audit among Hong Kong listed companies.

Payments & Settlements

Korea and African Nations to Cooperate on Banking Sector Development

By Mark Johnston | 18/06/2024

The Korea Federation of Banks signed MoUs to strengthen cooperation with the banking sectors of Nigeria, Botswana, and Mauritius.

Conduct, Culture & Accountability

New Zealand FMA Issues New CoFI Guidance for Smaller FIs

By Editors | 18/06/2024

The guidance will help smaller firms establish a Fair Conduct Programme and apply for the CoFI licence.

Clearing & Post-Trade

CHESS Replacement Project Currently on Track: ASX

By Sanday Chongo Kabange | 18/06/2024

The CHESS Replacement project is currently expected to deliver to the plan announced in November last year.

Trading & Investment

PASLA to Expand Footprint to Australia, New Zealand

By Editors | 18/06/2024

PASLA will work with the Australian Securities Lending Association to finalise an agreement within Q4 2024.

Trading & Investment

Indonesia Stock Exchange to Upgrade Trading Platform

By Editors | 18/06/2024

IDX also announced that it will enhance its market surveillance capabilities and further develop its index business.

Trading & Investment

Hong Kong Seeks Further Derivatives Market Development

By Sanday Chongo Kabange | 17/06/2024

Plans include “high-liquidity products” and cross-boundary commodities trading. Preparations for Mainland treasury bond futures are at the “final stage”.