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Structural Regulation
Shanghai to Merge Two State-owned Investment Firms – Report
By Editors | 22/04/2024
The merger will create a $18.2bn investment company, controlled by Shanghai’s government, to back innovation and technology startups.

Trading & Investment
NYSE Considers Introducing Round-the-clock Stock Trading
By Editors | 22/04/2024
NYSE is surveying the market on whether round-the-clock trading should take place only through the five-day work week or over weekends as well.

Conduct, Culture & Accountability
Hong Kong AFRC Probing Whistleblower Allegations Against PwC
By Editors | 22/04/2024
The probe was prompted by an anonymous “whistle-blower report” circulating in the media which PwC says contains “inaccurate statements and false allegations”.

Trading & Investment
Philippines Scraps Minimum Commission Rule for Stockbrokers
By Sanday Chongo Kabange | 21/04/2024
The SEC says the removal of the minimum commission requirement will boost stock market activity and draw in retail investors.

Trading & Investment
CSRC Announces New Measures to Enhance Stock Connect
By Manesh Samtani | 21/04/2024
The measures include relaxed ETF eligibility criteria, inclusion of REITs and RMB-denominated HK stocks, and more support for Mainland listings in HK.

Trading & Investment
SFC, HKMA Find Deficient Practices in Investment Product Sales
By Manesh Samtani | 19/04/2024
A thematic review highlighted issues with product due diligence methodologies and a lack of understanding of certain structured products.

Clearing & Post-Trade
ASX Consults on Incentives for CHESS Project Participation
By Sanday Chongo Kabange | 19/04/2024
ASX is consulting on payment options and incentives to enhance engagement and testing activities for the CHESS Replacement project.

Payments & Settlements
UK Banks Launch Digital Money Experimental Phase
By Editors | 19/04/2024
Barclays, Citi, HSBC, and Lloyds are among those that have signed up to experiment with the so-called ‘Regulated Liability Network’.

Payments & Settlements
BIS Project to Simplify Financial Infrastructure Development
By Manesh Samtani | 19/04/2024
BIS Innovation Hub and partners will develop a tool to enable easy implementation of next-gen payment systems and settlement infrastructures.

Clearing & Post-Trade
HKEX to Develop New Derivatives Platform In-House
By Sanday Chongo Kabange | 19/04/2024
The Orion Derivatives Platform will offer enhanced trading and clearing capabilities and the potential for near 24-hour trading.
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