Markets & Infrastructure

Trading & Investment

Singapore, Shanghai Exchanges Sign MoU to Link ETF Markets

By Editors | 23/05/2023

A similar MoU was signed between SGX and SZSE in December 2021 which has led to three cross-market ETF listings.

Clearing & Post-Trade

LCH SwapClear Completes USD LIBOR to SOFR Conversion

By Editors | 23/05/2023

In aggregate, LCH SwapClear has successfully converted approximately 600,000 USD LIBOR contracts with notional value of $45tr.

Structural Regulation

APRA Postpones Next Consultation on Super Fund Reporting Requirements

By Ranamita Chakraborty | 22/05/2023

APRA now intends to start the consultation on proposed reporting standards for investments and RSE and RSE licensee profile in November 2023.

Cryptocurrency

Indian Crypto Firms Call for UPI Access to be Restored

By Karen Ng | 22/05/2023

The calls for UPI access to be restored come after India’s government added virtual assets to the country’s Prevention of Money Laundering Act in March.

Clearing & Post-Trade

ASX Will No Longer Use Blockchain for CHESS Replacement System

By Mark Johnston | 22/05/2023

ASX said the rebuild will need to use “a more conventional technology” and no longer involve blockchain or DLT.

Conduct, Culture & Accountability

ACSI Updates Voting Policy to Promote Gender Balance on Boards

By Editors | 22/05/2023

The policy means ASX300 companies could face recommendations ‘against’ male director re-elections if women do not occupy a minimum of 30% of board seats.

Trading & Investment

SEBI Introduces New Risk Disclosure Rules for Equity Derivatives

By Editors | 22/05/2023

The new rules are a response to findings that that 9 out of 10 individual traders in the equity F&O segment experience net losses.

Structural Regulation

SFC Consults on Revisions to Takeovers and Share Buy-back Rules

By Editors | 21/05/2023

This includes a proposal to add a new rule to give an offeror and an offeree company the option to despatch Codes documents by electronic means.

Structural Regulation

EU Commission Adopts MoU on UK Regulatory Cooperation

By Mark Johnston | 21/05/2023

The MoU is seen as a positive step, but it does not deal with access of UK and EU firms to each other’s markets or equivalence decisions.