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Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.
Trading & Investment
HKEX Finalises Enhancements to Pre-Opening Session, Volatility Controls
By Editors | 16/12/2019
The enhancements to the pre-opening session will be adopted in the second quarter of 2020. The stock-level volatility control mechanism will be expanded in the second half of 2020.
Tokenisation
CPMI Offers Guidance for Designers of Wholesale Digital Tokens
By Editors | 12/12/2019
The report describes the potential innovations and design questions associated with digital tokens that could be used to settle large-value payments.
Cloud & Infrastructure
RegTech Association Flags Under-Investment in Australian Regtech
By Manesh Samtani | 12/12/2019
Despite Australia having everything needed to be a global RegTech leader, mainstream adoption is being stymied by an equity gap, says new research from the RegTech Association.
Trading & Investment
ASIC Allows Non-transparent Active ETFs to Remain Non-Transparent
By Editors | 12/12/2019
Active ETF providers will have to implement new controls to manage risks associated with internal market making models, but they will be allowed to continue to hide their holdings.
Conduct, Culture & Accountability
ACCC Proposes to Re-authorise Mortgage Broking Disciplinary Body
By Editors | 12/12/2019
The ACCC typically re-authorises the MFAA for five years. A draft decision to reauthorise it for just two years is to allow it time to make Royal Commission-related changes to its disciplinary rules.
Structural Regulation
KRX to Simplify KOSDAQ Listing Requirements Next Year
By Editors | 12/12/2019
Korea Exchange plans to reform the listing requirements of the KOSDAQ market by shifting the focus to the future growth potential of companies.
Structural Regulation
CPMI, IOSCO Share Lessons of Supervisory Cooperation on Market Infrastructures
By Editors | 12/12/2019
Among the key features of successful cooperative arrangements are strong, trusted relationships between authorities and a willingness to exchange information.
Trading & Investment
China Issues Revised Trading Rules for Interbank FX Market
By Editors | 12/12/2019
The rules are intended for both domestic and foreign institutions, in line with recent draft rules from SAFE that sought to allow foreign firms to trade RMB foreign exchange derivatives.
Structural Regulation
CBIRC Offers Update on Banking, Insurance Opening-Up
By Editors | 12/12/2019
From January to October, the CBIRC has approved over 30 applications from foreign firms looking to either establish operations or commence business in China.
Payments & Settlements
MPFA Commences Tendering Process for New eMPF Platform
By Editors | 12/12/2019
Companies that meet the technical requirements of the eMPF project are encouraged to form consortia and submit tenders by 9 April 2020.
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