Markets & Infrastructure

Market Abuse

Korea Unveils Proposed Reforms to Strengthen Short Selling System

By Editors | 17/11/2023

Under the proposals, institutional and retail investors will be subject to the same rules, and naked short selling can be penalised with a 10 year market ban.

Tokenisation

Philippines Set to Issue Maiden Tokenised Treasury Bonds

By Mark Johnston | 17/11/2023

The Philippines will issue the country’s first tokenised treasury bonds next week, available in PHP 10 million denominations.

Payments & Settlements

India-Thailand Payments Link to be Announced “Soon” – Report

By Ajoy K Das | 16/11/2023

India’s ambassador to Thailand, Nagesh Singh, said negotiations have been underway and there will very soon be “good news”.

Supervision & Enforcement

ASIC is Targeting Misconduct in Superannuation Sector

By Sanday Chongo Kabange | 16/11/2023

ASIC says it will take strong, targeted enforcement action in relation to “member services failures in the super sector”.

Clearing & Post-Trade

US Moving to T+1: What are the Critical Priorities for Japanese Investment Managers?

By Yuichiro Araki | 16/11/2023

Yuichiro Araki discusses operational considerations for Japanese investment managers preparing for an accelerated US settlement cycle.

Structural Regulation

China Proposes to Streamline FX Business Rules for Capital Account

By Editors | 16/11/2023

The revised guidelines seek to provide greater convenience in the handling of foreign exchange under the capital account, SAFE said.

AI Risk & Governance

AI To Enhance Central Banks’ Supervision: Deutsche Bundesbank

By Jill Wong | 16/11/2023

Joachim Wuermeling of the Deutsche Bundesbank says AI will help central banks do a better job in supervising banks.

Structural Regulation

ASIC Licenses Second Derivative Trade Repository

By Editors | 16/11/2023

ASIC has granted an Australian Derivative Trade Repository licence to US-based KOR Reporting Inc.

Supervision & Enforcement

RBI Takes First Action Against Non-Compliance With Digital Lending Guidelines

By Ajoy K Das | 16/11/2023

The RBI said Bajaj Finance did not issue the Key Fact Statements to borrowers as required under its digital lending guidelines issued in September 2022.