Markets & Infrastructure

Tokenisation

Japan FSA Allows ODX to Launch Security Token Trading Platform

By Editors | 20/11/2023

Osaka Digital Exchange said its new platform, to be known as “START”, will launch by the end of the year.

Clearing & Post-Trade

Asian Firms Must Tackle T+1 Long Before May

By Javier Hernani Burzaco | 19/11/2023

European and APAC firms that act quickly to prepare for T+1 settlement in North America would gain a competitive advantage, writes Javier Hernani Burzaco.

Credit Risk

HKMA Updates Margin Financing Guidance Ahead of FINI Launch

By Editors | 19/11/2023

The revised SPM module provides further guidance on a “holistic approach to risk management” of share margin financing.

Structural Regulation

Australia Advances Bill to Enshrine Superannuation Objective in Law

By Editors | 19/11/2023

Treasurer Jim Chalmers said the bill will prevent government from raiding superannuation “for its own purposes” and help ensure a “dignified retirement for more Australians.”

Cybersecurity

India’s UCO Bank Calls in Federal Investigators to Probe Payments Disruption

By Ajoy K Das | 19/11/2023

The CBI is being called in to investigate a possible cyber-attack or manipulation of the state-owned bank’s internal systems.

Conduct, Culture & Accountability

FDIC Faces Investigation Over Sexual Misconduct Allegations

By Editors | 19/11/2023

FDIC chair Martin Gruenberg, who headed the agency from 2011 to 2018, is under scrutiny for allowing widespread harassment to persist for over ten years.

CBDCs

Kazakhstan Launches CBDC Platform in “Pilot Mode”

By Editors | 19/11/2023

Second-tier banks and their clients can use the “digital tenge” for retail transactions and to test automated smart contracts for settlements.

Structural Regulation

ASIC Consults Changes to the ABA Banking Code of Practice

By Editors | 19/11/2023

This is the first time ASIC has undertaken a public consultation before making a decision on approving the Banking Code of Practice.

Conduct, Culture & Accountability

SGX RegCo Calls for “Real Change” on Board Diversity and Renewal

By Mark Johnston | 19/11/2023

SGX RegCo CEO Tan Boon Gin discussed the benefits and challenges of board diversity and renewal, and expectations for listed issuers.