Markets & Infrastructure

Clearing & Post-Trade

ASX Issues Response Plan to Ensure Delivery of CHESS Replacement

By Editors | 18/08/2023

ASX confirms its intention to have implemented all 45 recommendations from an external review by June 2024.

Payments & Settlements

RBA Drops Plan to Ban Default Routing on Debit Cards

By Ranamita Chakraborty | 18/08/2023

A recent public consultation raised concerns that the ban could lead to unsuccessful transactions and necessitate the expensive reissuing of all debit cards.

Structural Regulation

FSC Korea Revises Accounting Rules to Reduce Burden on Stock Companies

By Sanday Chongo Kabange | 18/08/2023

Requirement for smaller stock companies to undergo an external audit of their accounting control systems postponed for five years.

Structural Regulation

China Asks Funds to Avoid Being Net Equity Sellers – Report

By Editors | 18/08/2023

Stock exchanges reportedly told some investment funds to refrain for a day from selling more onshore shares than they purchased.

Trading & Investment

CSRC Solicits Industry Views on Developing Asset Management Sector

By Editors | 17/08/2023

The CSRC is asking securities firms, fund managers and futures companies about the challenges their asset management business face.

Conduct, Culture & Accountability

India Tightens Guidelines for Financial Influencers

By Editors | 17/08/2023

Financial influencers have to be registered with SEBI and prominently display their registration number to offer investment-related advice.

Cryptocurrency

Coinbase Successfully Registers as Futures Commission Merchant

By Editors | 17/08/2023

This is the first time a crypto-native platform in the US has been granted approval to offer crypto futures alongside traditional spot crypto trading.

Structural Regulation

Australia: Super Funds Call for Reforms to Tax Offset Scheme

By Editors | 17/08/2023

Twelve major industry super funds and Women In Super call for urgent LISTO reforms to avoid harming low-income workers.

Structural Regulation

Korea Announces New Export Finance Support Measures

By Mark Johnston | 17/08/2023

The measures will support export businesses entering new markets, bidding for overseas projects, and making investments in strategic industries.