Market Infrastructure

Market Infrastructure

Myanmar Central Bank Pushes for New Moveable Assets Law

By Garima Chitkara | 15/03/2018

A moveable asset finance law would enable banks to accept collateral other than real estate such as stock, equipment and receivables.

Market Infrastructure

MAS to Weigh in on Bank HR Practices

By Samuel Riding | 15/03/2018

Advisory group will develop best practices for the industry, including more inclusive, skills-based hiring policy.

Market Infrastructure

SGX to Merge OTC, Exchange Derivatives into Single Risk Class for Clearing Fund

By Samuel Riding | 14/03/2018

Move follows MAS consultation on moving all OTC derivatives contracts onto organised markets.

Fintech / Regtech

BIS, CPMI Report Outlines Dangers of Central Bank Digital Currencies

By Manesh Samtani | 14/03/2018

Central bank-issued digital currencies can enhance payments, settlement, efficiency; but financial stability implications warrant consideration.

Market Infrastructure

China Banking, Insurance Regulators Set to Merge

By Manesh Samtani | 14/03/2018

The merger will eliminate inefficiencies and regulatory overlap; rule making powers and prudential supervision responsibilities will transfer to China’s central bank.

Market Infrastructure

China Issues Consultation on Foreign Control of Securities Firms

By Samuel Riding | 12/03/2018

Foreign financial institutions would be able to own 51% of a mainland securities firm, with all ownership restrictions to be removed in three years’ time.

Market Infrastructure

Who’s Picking up the MiFID II Bill?

By Peter Guy | 12/03/2018

MiFID II’s rollout into the middle of a market reversal and complaints about asset manager fees couldn’t have come at a worse time.

Market Infrastructure

US Fed Eyes Eased Regulation for Foreign Banks

By Samuel Riding | 09/03/2018

Vice chairman says to allow more foreign banks to set up more than one holding company, which each regulated separately according to different risk profiles.

Market Infrastructure

IOSCO Consults on Volatility Control Mechanisms

By Manesh Samtani | 09/03/2018

Consultation report include recommendations on monitoring, record-keeping, disclosures on trigger mechanisms and cross-jurisdictional communication for dual-listed securities.