Markets & Infrastructure

    Payments & Settlements

    SEBI Raises Limit for Debt Investments via UPI Mechanism

    By Editors | 11/03/2022

    The limit for investments in debt securities via the UPI mechanism is being increased from INR 200,000 to INR 500,000, effective 1 May 2022.

    Structural Regulation

    UPDATED – US LIBOR Legislation Advances in Omnibus Bill

    By Editors | 11/03/2022

    The bill is based on legislation that passed the House in December, and is similar to a law enacted by New York state and others in the past year.

    Structural Regulation

    ASIC Updates Market Integrity Rules and 10 Rule Books

    By Ranamita Chakraborty | 11/03/2022

    From 10 March 2023, financial markets and participants will have to comply with new technological and operational resilience rules.

    Trading & Investment

    HKEX to Launch Derivatives Holiday Trading on 9 May

    By Editors | 11/03/2022

    The first suite of products to be added to Derivatives Holiday Trading will be all MSCI futures and options contracts.

    PEPs & Sanctions

    BIS Suspends Russian Central Bank as UK Adds More Sanctions

    By Manesh Samtani | 11/03/2022

    UK adds seven names to its sanctions list. Goldman and JPMorgan to close Russian operations. Russia to nationalise assets of foreign companies.

    Payments & Settlements

    Taiwan FSC Approves Relaxations on OBU Account Use

    By Editors | 10/03/2022

    Companies are given greater flexibility to open and use offshore banking unit accounts held with domestic banks to take out foreign currency loans.

    Structural Regulation

    Philippine Regulators Issue Guidelines on Streamlining Bank M&As

    By Sanday Chongo Kabange | 10/03/2022

    Five agencies including the BSP and SEC will have a total 55 business days to process merger, consolidation, acquisition applications from banks.

    Structural Regulation

    ASX Proposes New Fee Model for Issuer Services

    By Editors | 10/03/2022

    The new fee model is intended to be simpler and provide greater certainty to issuers about ASX charges for issuer services.

    Trading & Investment

    China Widens Trading Band for Yuan-Ruble Currency Pair

    By Editors | 10/03/2022

    The existing 5 percent trading band around a daily midpoint set by the PBOC is making it difficult to price the exchange rate amid heightened ruble volatility.

    Resolution & Recovery

    Standard-setters Assess Adequacy of CCP Resolution Tools

    By Editors | 10/03/2022

    New report analyses default and non-default loss scenarios potentially extreme enough to require the use of CCP recovery and resolution tools.

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