Markets & Infrastructure

Clearing & Post-Trade

SEBI Revises Collateral, Exposure Norms for Clearing Corporations

By Ajoy K Das | 03/06/2024

The norms strengthen the liquidity and stability of clearing corporations and set new limits on exposures to individual banks.

Structural Regulation

HKMA Allows WMC Participation by Non-Locally Incorporated AIs

By Sanday Chongo Kabange | 03/06/2024

Non-locally incorporated AIs may provide southbound WMC services through their Hong Kong branches if they meet certain requirements.

Structural Regulation

MAS Issues Guidelines for New Derivatives Reporting Regime

By Manesh Samtani | 03/06/2024

The guidelines focus on UTI generation and reporting, as well as re-reporting of contracts that haven’t yet matured when the new regime takes effect.

AI Risk & Governance

ESMA Issues Guidance on Use of AI by Investment Firms

By Nithya Subramanian | 03/06/2024

The guidance focuses on the organisational, conduct of business, and best interest requirements under MiFID II.

Trading & Investment

SET Proposes Measures to Curb Inappropriate Trading Behaviours

By Editors | 03/06/2024

The measures are aimed at strengthening market supervision and promoting transparency and fairness for all investors, the SET said.

Market Abuse

CSRC Imposes Record Fine on Evergrande’s Flagship Unit

By Mark Johnston | 01/06/2024

The CSRC fined Hengda Real Estate $577mn and banned Evergrande’s founder from the securities market for life.

Structural Regulation

RBI Finalises Recognition Framework for Fintech SROs

By Ajoy K Das | 01/06/2024

Entities seeking to become self-regulatory organisations in the fintech sector may submit an application with the RBI.

Tokenisation

Tokenisation Will Improve Correspondent Banking Model: BIS Paper

By Manesh Samtani | 01/06/2024

The next generation of correspondent banking will make “previously closed corridors economically viable once again”.

Structural Regulation

China to Reinstate Tariffs on 134 Items Imported from Taiwan

By Editors | 01/06/2024

China says Taiwan has failed to reduce tariffs on mainland products as required by the 2010 Cross-Strait Economic Cooperation Framework Agreement.