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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 Closing Auction Expands to All Equities, Funds
By Editors | 09/10/2019
The move will help improve trading liquidity at close, simplify trading operations for market participants, and standardise closing times for equities.
Trading & Investment
China-Japan ETF Connect Slow to Gain Traction
By Editors | 09/10/2019
Assets in the cross-border feeder ETFs have dropped in the three months since the scheme was launched, by more than two-thirds in the case of the Japan-invested assets.
Structural Regulation
HKEX Abandons Pursuit of London Stock Exchange Merger
By Editors | 08/10/2019
HKEX says the merger is still strategically compelling but it has not been able to engage with LSEG’s management in realising its vision.
Conduct, Culture & Accountability
Korea FSS to Inspect Shinhan Governance This Month
By Editors | 08/10/2019
The FSS is reportedly looking into Shinhan’s governance structure ahead of the end of its current chairman’s term in March 2020.
Tokenisation
Japan Brokers Form New Body to Develop Rules for STOs
By Editors | 07/10/2019
The new association was formed by securities firms SBI, Nomura, Daiwa, Kabu.com, Monex and Rakuten and will seek FSA approval for status as a self-regulatory organisation.
Trading & Investment
ASX Consults on Changes to Treasury Bond Futures Roll
By Editors | 07/10/2019
A new consultation paper outlines four options for changes to the roll structure and order management functionality for the 3 and 10 Year Treasury Bond Futures contracts.
Clearing & Post-Trade
Indonesia Announces Rules for the Establishment of CCPs
By Editors | 04/10/2019
The new rules from Bank Indonesia will take effect from June 2020, but the first CCPs for derivatives markets are unlikely to be operational until 2023.
Payments & Settlements
RBNZ Proposes Enhanced Oversight Role in Cash System
By Editors | 04/10/2019
In a new consultation paper, the RBNZ proposes legislative changes that would allow it to take on a more active monitoring and coordination role in the cash system.
Structural Regulation
New HKMA Chief Signals Priorities for Term Ahead
By Manesh Samtani | 04/10/2019
Incoming HKMA chief Eddie Yue vowed to defend Hong Kong’s currency peg, promote market development opportunities, and foster a better ecosystem for fintech, regtech and suptech.
Payments & Settlements
SWIFT, HSBC to Define Common API Standard for Hong Kong
By Editors | 04/10/2019
The new standard will re-use ISO 20022 components to ensure interoperability with Hong Kong’s clearing and settlement systems, facilitating the next phases of open banking in the city.
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