Market Infrastructure

Crypto / Digital Assets

Euroclear Launches DLT-based Digital Securities Issuance Service

By Editors | 25/10/2023

The inaugural Digitally Native Notes were issued by the World Bank on LuxSE, raising €100mn to finance sustainable development activities.

AML / KYC

Wolfsberg Group Updates Payment Transparency Standards

By Editors | 25/10/2023

The updated Standards support the use of the LEI in global payments, which GLEIF welcomed as a “strong endorsement”.

Big Picture

New Paper Sheds Light on CCP Credit Risk Management Practices

By Manesh Samtani | 23/10/2023

The paper from CCP Global provides information on how CCPs conduct ongoing credit monitoring to make informed risk assessments and safeguard market integrity.

Crypto / Digital Assets

DTCC to Build Infrastructure to Support Adoption of Digital Assets

By Mark Johnston | 20/10/2023

DTCC is acquiring digital asset technology provider Securrency; will offer new blockchain-based products and “unlock the power of institutional DeFi”.

Fintech / Regtech

China Unveils Global AI Governance Initiative at Belt and Road Forum

By Editors | 20/10/2023

The initiative emphasises equal rights for all countries and regions in the development and governance of AI technologies.

Market Infrastructure

Canada to Allow T+1 Settlement Cycle for Mutual Funds

By Mark Johnston | 20/10/2023

CSA seeks feedback on amendments to allow mutual funds to voluntarily adopt T+1 settlement for subscription and redemption.

Market Infrastructure

NDRC, HKMA to Promote Mainland Bond Issuance in Hong Kong

By Manesh Samtani | 19/10/2023

The MoU was signed at the Belt and Road Forum, where 100-plus other agreements were also signed and Xi Jinping unveiled further plans to support the initiative.

Market Infrastructure

Lloyd’s Simulates $3.5tr Cyber Attack on Financial System

By Mark Johnston | 19/10/2023

Lloyd’s published a scenario that simulates a cyber attack that would cause $3.5tr in global economic losses over five years.

Securities / Derivatives

Korea: Registration for Trading FX Market Opens for Foreign Firms

By Manesh Samtani | 19/10/2023

Bank of Korea said about 30 overseas FIs have expressed interest in participating in the domestic FX market when access opens in January.