Markets & Infrastructure

Stablecoins

CPMI Assesses Benefits of Stablecoins in Cross-border Payments

By Manesh Samtani | 05/11/2023

CPMI says stablecoins would not necessarily have a positive impact on cross-border payments even if they were properly designed and regulated.

Cryptocurrency

FCA Finalises Guidance on Cryptoasset Financial Promotions

By Editors | 05/11/2023

Crypto promotions should apply the Consumer Duty; finfluencers should disclose commercial relationships; regulated status should not be used in a promotional way.

Data Privacy

IRDAI Directs Insurers to Join RBI’s Account Aggregator Ecosystem

By Ajoy K Das | 03/11/2023

The inclusion of insurance firms in the AA ecosystem is expected to benefit agents, mutual fund distributors, and other service intermediaries.

Trading & Investment

Bursa Malaysia Enables Investor Access to Chinese Soybean Oil Price

By Editors | 03/11/2023

This is the first time a Chinese derivatives exchange has authorised an Asian exchange to incorporate Chinese commodity futures settlement prices into a product offering.

Trading & Investment

SEBI Revises Offer Document Format for Mutual Fund Schemes

By Ajoy K Das | 03/11/2023

The simplified format will streamline the dissemination of information to mutual fund investors.

PEPs & Sanctions

US Targets Entities in China, Turkey, UAE in Latest Round of Russia Sanctions

By Editors | 03/11/2023

US Treasury and State Departments sanction more than 200 targets in several countries, as US Commerce Department adds 13 Russian companies to its Entity List.

Trading & Investment

Taiwan to Further Reduce Quotation Intervals for Odd-lot Trading

By Editors | 03/11/2023

Quotation intervals for intraday odd-lot trading will be reduced from 10 seconds to five seconds, effective from 27 November.

Payments & Settlements

HKMA Collaborating with BOT, PBOC on Payments Initiatives

By Georgina Lee | 02/11/2023

Hong Kong will link FPS with PromptPay and connect the city’s payment infrastructure to e-CNY, officials said a Hong Kong Fintech Week.

Payments & Settlements

RBI Announces Regulatory Framework for Cross Border Transactions

By Ajoy K Das | 02/11/2023

Non-banks facilitating import and export payment transactions must initially have a minimum net worth of INR 150 million.