Markets & Infrastructure

Trading & Investment

PBOC Wants Foreign Banks to Lower USD Deposit Rates – Report

By Editors | 30/06/2023

The PBOC reportedly asked one commercial lender to lower its deposit rates for the US dollar, in response to recent weakness in the yuan.

Structural Regulation

Singapore Finalises Approach for Transitioning SIBOR Loans to SORA

By Manesh Samtani | 30/06/2023

Recommendations finalised for how adjustment spreads should be set for converting SIBOR loans to a SORA reference rate.

Trading & Investment

Tokyo Stock Exchange Announces New Listing Rules for Active ETFs

By Ranamita Chakraborty | 30/06/2023

Starting from today (30 June), the exchange will begin accepting applications for the initial listing of actively managed ETFs.

Trading & Investment

HKEX Signs Beijing, Ningbo MoUs to Boost New Listings

By Manesh Samtani | 30/06/2023

The MoU with Beijing Stock Exchange will support cross-listings. The Ningbo MoU will support Ningbo-based companies in listing in Hong Kong.

Cloud & Infrastructure

MAS Launches New SME Support Project with Rwanda Central Bank

By Sanday Chongo Kabange | 30/06/2023

The project aims to solve data unavailability challenges that prevent SMEs from accessing financing from banks.

Supervision & Enforcement

ASIC Directs Super Funds to Consolidate Duplicate Member Accounts

By Sanday Chongo Kabange | 29/06/2023

ASIC warned it will take enforcement action against trustees who do not comply with their obligations to identify and merge duplicate member accounts.

CBDCs

EU Commission Issues Legislative Proposal to Introduce CBDC

By Editors | 29/06/2023

The ECB will decide whether to move to the next phase of the project after its investigation phase is concluded in October.

Trading & Investment

SEBI Approves Shorter IPO Timeline, New FPI Disclosures

By Editors | 29/06/2023

IPOs can list within three days instead of the current six days. FPIs will have to disclose additional information on ownership and control.

Market Data & Technology

Refinitiv Consults on Features of Term €STR Rate

By Editors | 29/06/2023

Following the consultation and pending necessary approvals, Refinitiv intends to transition the prototype rate into a regulated production rate.