Markets & Infrastructure

Clearing & Post-Trade

ASX Sets Out New Roadmap for CHESS Replacement Solution

By Manesh Samtani | 20/02/2023

ASX is giving away up to AUD 70 million to stakeholders in rebates and incentives to support their efforts in meeting project milestones.

Trading & Investment

RBI Issues Draft Rules Permitting G-Sec Borrowing & Lending

By Editors | 20/02/2023

Entities that are permitted to engage in short selling are eligible to borrow securities under a GSL transaction, which may be a tenor of up to 90 days.

Anti-Bribery & Corruption

China Renaissance’s Founder Reported to be Missing

By Mark Johnston | 20/02/2023

Bao Fan, the founder of boutique investment bank China Renaissance Holdings, is the latest high-profile Chinese executive to go missing without explanation.

Market Data & Technology

Industry Bodies Open Common Domain Model on FINOS Platform

By Editors | 20/02/2023

The open-source CDM is now fully integrated into the FINOS project landscape, which will open up opportunities for open collaboration between market participants.

Trading & Investment

Marketnode, NowCM Join Forces to Digitalise APAC Debt Markets

By Editors | 20/02/2023

SGX’s Lee Beng Hong said the new digital service will enhance bond issuance efficiency and streamline processes for dealing with regulators, lawyers and listing agents.

Structural Regulation

China Implements Registration-based IPO System on Main Markets

By Editors | 19/02/2023

The new system simplifies the process for companies seeking to raise funds through mainboard listings on the Shanghai and Shenzhen stock exchanges.

Structural Regulation

Taiwan: Jih Sun and Fubon Units Receive Merger Approval

By Editors | 19/02/2023

The securities and futures firms’ mergers are the result of a merger between the two firms’ financial holding companies, which completed last November.

Clearing & Post-Trade

US SEC, CFTC Penalise OCC Over Internal Rule Violation

By Editors | 19/02/2023

As a result of certain deficiencies, the Options Clearing Corp’s clearing fund was “underfunded” at various times between October 2019 and May 2021.

Conduct, Culture & Accountability

ASIC Publishes New Indigenous Financial Services Framework

By Editors | 19/02/2023

ASIC encourages the financial services industry to improve their understanding of First Nations peoples and embed this into their engagement approach.