Markets & Infrastructure

Clearing & Post-Trade

Australia Passes Bill to Ease Education Burden on Financial Advisers

By Sanday Chongo Kabange | 12/09/2023

The new legislation will allow financial advisers with 10 years’ experience and a clean record stay in the industry.

Supervision & Enforcement

China Establishes Communication Platform for Belt-and-Road Regulators

By Editors | 12/09/2023

The new communication platform was developed to enhance cross-border regulatory cooperation between countries participating in the “Belt and Road” initiative.

Market Data & Technology

NAFMII Issues Directions on Quotation Practices of Currency Brokers

By Editors | 11/09/2023

The notice seeks to standardise currency broker quotations and refine data presentation methods within the interbank market.

Trading & Investment

New Study Explores Feasibility of AXI, FXI Indices for Japan

By Manesh Samtani | 11/09/2023

The study assessed the feasibility of Japanese versions of the FXI and AXI indices, concluding that they can coexist with TONA and TORF.

CBDCs

HKMA, PBOC Enter Next Phase of e-CNY Technical Testing

By Editors | 11/09/2023

Hong Kong is expanding its technical testing to include more banks and testing the digital yuan wallet’s top-up function through FPS.

Trading & Investment

CSE Introduces Short Selling, Stock Borrowing & Lending

By Duruthu E Chandrasekera | 11/09/2023

The Colombo Stock Exchange said the new initiatives will create a more dynamic and transparent trading ecosystem and offer more flexibility to investors.

Capital Adequacy

China Eases Stock Market Investment Rules for Insurers

By Editors | 11/09/2023

The rule changes are aimed at guiding insurers to support the development of the capital market as well as technology innovation.

PEPs & Sanctions

HSBC to Halt Russia, Belarus Payments for Corporate Clients – Reports

By Editors | 11/09/2023

HSBC reportedly told customers that the sanctions and trade restrictions imposed on Russia and Belarus have made it “increasingly challenging” to operate.

Clearing & Post-Trade

MAS to Exempt Some Market Operators from ACH/RCH Rules

By Editors | 10/09/2023

The exemption applies to platforms that provide services to facilitate trading and settlement, but don’t actually act as a central counterparty of clear or settle trades centrally.