Structural Regulation

Structural Regulation

Korea FSS Launches New Online Licence Application Platform

By Sanday Chongo Kabange | 18/07/2023

The new “S.T.A.R.T” platform allows applicants to submit licensing, registration and accreditation applications digitally.

DeFi & Web3

Blockchain Technology to Transform Global Commerce through Merger

By Jill Wong | 18/07/2023

The merger aims to scale up the development of blockchain and Web3 technologies across the global supply chain.

Trading & Investment

China Looking to Shore Up Confidence Among Foreign Investors

By Editors | 18/07/2023

Regulators are organising a meeting in Beijing this Friday to discuss the challenges faced by foreign investors and encourage them to maintain their presence in China.

Climate Risk

IOSCO Issues Final Recommendations on Compliance Carbon Markets

By Editors | 18/07/2023

IOSCO’s final report sets out twelve key recommendations on establishing and enhancing compliance carbon markets, drawing from the experiences of traditional financial markets.

Market Data & Technology

DSB Integrates UPI in OTC ISIN UAT Environment 

By Editors | 17/07/2023

Users of the OTC ISIN UAT environment can now develop and test changes to their systems to incorporate the UPI as part of the OTC ISIN record.

Cryptocurrency

Ripple Scores Partial Victory in SEC Case

By Manesh Samtani | 17/07/2023

The court ruled that XRP is not a security when sold in the secondary market. The case will proceed to trial to determine if institutional sales of XRP were unregistered securities offerings.

Clearing & Post-Trade

ASIC to Host Industry Roundtable on CHESS Replacement Project

By Editors | 17/07/2023

ASIC chair Joe Longo will chair an industry roundtable on 2 August to discuss a proposed CHESS replacement solution.

Structural Regulation

China Extends Bond Business Regulation to ‘Practice Quality’

By Jill Wong | 17/07/2023

CSRC extended its measures for the evaluation of securities companies’ corporate bond business to cover practice quality and a strengthening of the evaluation index system.

AI Risk & Governance

UK FCA Outlines Plans for Regulating AI and Big Tech

By Manesh Samtani | 16/07/2023

The FCA will address competition issues raised by Big Tech firms and potentially expand the SMCR to apply to “the most senior individuals managing AI systems”.