Markets & Infrastructure

Structural Regulation

Hong Kong Considers Scaling Back Severe Weather Trading Plans

By Sanday Chongo Kabange | 15/03/2024

Hong Kong is reportedly considering whether to still keep local markets closed during the most severe weather events to help smaller firms continue operations.

Payments & Settlements

Japan, ASEAN Plan Joint QR Code Payment Services

By Nithya Subramanian | 15/03/2024

A standardised QR code payment system will be developed to connect service providers in different countries, facilitating cashless payments across borders.

Structural Regulation

RBNZ Publishes “Proportionality Framework” for New DTA Regime

By Sanday Chongo Kabange | 15/03/2024

The Proportionality Framework sets out how the RBNZ will categorise deposit takers for the purposes of developing standards.

Conduct, Culture & Accountability

Australia: More Guidance Issued to Support FAR Implementation

By Editors | 15/03/2024

On top of guidance for banks, APRA and ASIC issued a consultation on FAR implementation for insurance and superannuation entities.

Clearing & Post-Trade

ASX Consults on Two-Stage Approach for CHESS Delivery

By Sanday Chongo Kabange | 15/03/2024

ASX is targeting Q1 2026 for implementation of the first stage of the new CHESS system, and 2028 or 2029 for the second stage.

Market Abuse

SEBI Flags Manipulation, Bubble Risks in SME Segment

By Ajoy K Das | 15/03/2024

SEBI is working to introduce more disclosures for SME listings and seeking stress test results from fund managers in the segment.

Cryptocurrency

Australian Court Rules Against ASIC in ‘Finder Earn’ Crypto Case

By Editors | 15/03/2024

The court ruled against ASIC’s contention that the crypto investment product known as ‘Finder Earn’ was a debenture and therefore required authorisation.

Payments & Settlements

PBOC Releases Payment Services Guide for Foreign Visitors

By Editors | 14/03/2024

The guide introduces and provides instructions on a variety of payment methods available to foreigners in China.

PEPs & Sanctions

EU Considers Sanctions Package Targeting Russia Facilitators

By Editors | 14/03/2024

The EU sanctions could target Belarus, North Korea, Iran and other third countries where entities enable Russian access to weapons and sensitive technology.