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Cryptocurrency
US Orders Chinese-owned Crypto Miner to Sell Land
By Editors | 14/05/2024
Presidential order says MineOne Partners did not notify CFIUS before buying land next to an Air Force base.

Payments & Settlements
Mastercard Commences Bank Card Clearing Business in China
By Editors | 14/05/2024
Mastercard is the second overseas bank card clearing institution to start operating in China, after Amex in 2020.

Structural Regulation
MAS Finalises Rules for New OTC Derivatives Reporting Regime
By Manesh Samtani | 14/05/2024
The final regulations come into operation on 21 October 2024, introducing the UPI, UTI, CDE and ISO 20022 in reporting.

Structural Regulation
MAS Appoints New Chairman of the Board
By Nithya Subramanian | 14/05/2024
Minister for Trade and Industry Gan Kim Yong has been appointed Chairman for a two-year period.

Trading & Investment
ASIC Probes ANZ Over Treasury Bond Issuance
By Sanday Chongo Kabange | 14/05/2024
ASIC suspects ANZ breached the law while serving as a risk manager for a government bond issuance last year.

Trading & Investment
SGX Lists First ETF Tracking APAC Financial Sector
By Nithya Subramanian | 14/05/2024
The ETF is a collaboration between SGX, Lion Global Investors and OCBC Securities.

Clearing & Post-Trade
SEBI to Mandate Direct Payout of Securities to Investor Accounts
By Ajoy K Das | 14/05/2024
SEBI has proposed a new rule that will require all securities payouts to be credited directly to investors’ demat accounts.

Market Data & Technology
HKEX Stops Showing Real-time Stock Connect Data
By Manesh Samtani | 14/05/2024
The change is expected to reduce abnormal market swings, mitigate herd behaviour, and promote fairer access to information.

Clearing & Post-Trade
Regulators Announce Enhancements to Swap Connect
By Sanday Chongo Kabange | 14/05/2024
The enhancements will enrich the tradeable products, improve ancillary services, and reduce investor participation costs.

Supervision & Enforcement
FINRA Censures and Fines Mizuho’s US Securities Unit
By Editors | 14/05/2024
Mizuho Securities had inaccurate or incomplete information in more than 300,000 institutional customer confirmations over five years.
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