Markets & Infrastructure

Conduct, Culture & Accountability

ANZ Agrees to Settle 2021 Credit Cards Class Action

By Sanday Chongo Kabange | 26/03/2024

ANZ has agreed to pay A$57.5mn to settle a class action lawsuit brought by Phi Finney McDonald, subject to court approval.

Payments & Settlements

BSP Issues New Manual of Regulations for Payment Systems

By Sanday Chongo Kabange | 26/03/2024

​The manual sets out rules and regulations governing the operations of the national payment system, as well as payment providers.

Market Data & Technology

SGX to Start Disclosing Commodity Positions of Traders in Q3

By Editors | 26/03/2024

SGX will start disclosing commitment of traders reports weekly, initially for iron ore, rubber and freight, to attract more overseas participation in its markets.

Conduct, Culture & Accountability

ESMA FInes Scope Ratings for Conflict of Interest Breaches

By Editors | 26/03/2024

ESMA said Scope fell short of the requirements under the Credit Rating Agencies Regulation on handling conflicts of interest.

Structural Regulation

RBI Finalises New Framework for SROs of Regulated Entities

By Ajoy K Das | 26/03/2024

The RBI will start receiving applications from entities seeking to gain recognition as self-regulatory organisations for each regulated entity sector.

Trading & Investment

China’s NFRA Proposes Updated Rules for Syndicated Loans

By Mark Johnston | 26/03/2024

The revised rules aim to encourage banks to develop their syndicated loan business, activate a secondary market for such loans, and promote fair and transparent pricing.

Trading & Investment

TSE Launches New Initiative to Encourage Cross-border IPOs

By Manesh Samtani | 26/03/2024

The “TSE Asia Startup Hub” will recruit promising companies from across Asia and provide them support and encouragement to list in Japan.

Clearing & Post-Trade

ESMA Publishes Industry Feedback on Adoption of T+1 in Europe

By Mark Johnston | 26/03/2024

The feedback was mixed. ESMA will seek to better understand the suitability, costs and benefits of a shorter settlement cycle and publish a final report by Jan 2025.

Alternative Markets

Bursa Malaysia Announces Listing of First Business Trust

By Editors | 26/03/2024

The business trust listing structure is particularly suitable for capital-intensive infrastructure assets that have stable cash flows.