Markets & Infrastructure

Resolution & Recovery

NZX Adds Financial Recovery Tools to Operational Rules

By Sanday Chongo Kabange | 04/09/2023

The amendments will take effect on 1 December, introducing five recovery tools to help manage a potential default by a market participant.

Tokenisation

Swift Publishes Findings from Tokenisation Experiments

By Editors | 04/09/2023

Swift says its existing infrastructure can provide a single point of entry for FIs to move tokenised assets across blockchains.

Structural Regulation

MAS to Get New Managing Director, Menon to Step Down

By Editors | 04/09/2023

Ravi Menon will step down from his role as managing director of MAS and retire from public service on 1 January 2024.

Trading & Investment

The Future of Investment Advice

By Siva Ramachandran | 04/09/2023

Policy experts from CFA Institute discuss key regulatory and technology trends that will impact how investment advice is delivered.

Structural Regulation

CSRC Approves Fund Sales Licence for HSBC Subsidiary

By Editors | 04/09/2023

The HSBC subsidiary becomes the first wealth management firm to hold both an insurance brokerage and a fund sales licence in China.

Structural Regulation

SEBI Proposes Formation of New Agency to Validate Performance Claims

By Sanday Chongo Kabange | 04/09/2023

SEBI proposes to create a new independent body that would validate performance claims made by intermediaries such as fund managers and investment advisers.

Structural Regulation

Japan FSA Revises OTC Derivatives Reporting Requirements

By Manesh Samtani | 04/09/2023

The FSA is making changes to its guidelines to remove the “UPI” and “Delta” requirements from the 1 April 2024 go-live date.

Structural Regulation

English Disclosure Still Inadequate in Japan Market: Survey

By Editors | 04/09/2023

The TSE said it plans to initiate discussions on measures that would make English disclosures mandatory for Prime Market companies.

Operational Risk

Taiwan: Cathay Financial Units Fined for Connectivity Issues

By Editors | 04/09/2023

Cathay Securities and Cathay Futures failed to perform capacity tests and application system stress testing operations, the FSC said.