Payments & Settlements

Payments & Settlements

SEBI Updates Disaster Recovery Guidelines for Market Infrastructures

By Editors | 01/04/2019

Stock exchanges, depositories and clearing corporations must have in place business continuity plans and disaster recovery policies that ensure ‘zero data loss’

KYC & CDD

BOCHK Launches Pilot Service for Mainland Account Opening

By Editors | 20/03/2019

BOCHK has been granted regulatory approval to launch a pilot scheme that enables Hong Kong citizens to open a personal bank account in the mainland, remotely.

Trading & Investment

ASIFMA Paper Offers Policy Suggestions on Improving China Market Access

By Manesh Samtani | 20/03/2019

A new ASIFMA paper provides policy recommendations for making China’s capital markets easier to access and more attractive to foreign institutional investors.

Payments & Settlements

China Liberalises Cross-border Capital Flows for Multinational Firms

By Editors | 20/03/2019

The new regulations simplify the registration process for multinational firms borrowing from and lending overseas to make it easier for them to manage cross-border capital flows.

Cloud & Infrastructure

Philippines Fintech Push Makes it a Compelling Market to Watch

By Philip Keller | 19/03/2019

Industry veteran Philip Keller explores the approach taken by regulators in the Philippines to encourage fintech innovation and financial sector digitalisation.

Structural Regulation

CPMI-IOSCO Report Progress in PFMI Implementation

By Editors | 15/03/2019

23 of 28 jurisdictions that participate in the CPMI-IOSCO implementation monitoring programme have adopted measures for all financial market infrastructure types, compared to 21 last July.

Custody & Infrastructure

Stock Exchange of Thailand to Launch Digital Asset Platform by 2020

By Editors | 15/03/2019

The SET says it will build a comprehensive digital asset ecosystem around the new platform as part of its digitalisation strategy, as the country approves its first ‘ICO portal’.

Structural Regulation

China Foreign Stock Ownership Limits Impede Market Opening

By Editors | 13/03/2019

Chinese regulators will need to ease foreign ownership restrictions to ensure its listed companies are able to remain in MSCI’s benchmark indexes.

Supervision & Enforcement

SWIFT Related Fines Imposed by RBI Total $10mn Across 36 Banks

By Editors | 11/03/2019

The number of banks fined by the RBI for failing to integrate their core banking systems with SWIFT has now risen to 36, with fines totaling $10.16mn.