Market Infrastructure

Market Infrastructure

Hong Kong Gazettes Bill for New Company Re-domiciliation Regime

By Editors | 29/12/2024

The Bill to introduce the new company re-domiciliation regime will be introduced into the LegCo for first reading on 8 January 2025.

Fintech / Regtech

KRX, KSD Sign MOU to Establish Information Sharing System

By Editors | 27/12/2024

The information sharing system will help both organisations automate tasks and speed up the issuance and listing of securities.

Securities / Derivatives

Hong Kong and UAE to Connect Debt Capital Markets

By Editors | 24/12/2024

HKMA and CBUAE aim to “allow seamless and cost-effective cross-border debt securities issuance, trading, investment, settlement as well as collateral management.”

Securities / Derivatives

CSRC, SFC Finalise Enhancements to Funds Recognition Scheme

By Manesh Samtani | 23/12/2024

SFC’s Julia Leung said the enhancements will expand the business potential for asset managers and the diversity and scale of MRF products.

Securities / Derivatives

HKEX Proposes to Enhance IPO Pricing and Offering Mechanism

By Manesh Samtani | 23/12/2024

Among its proposals, HKEX is exploring allowing a “staggered release” of the IPO lock-up for cornerstone investors.

Market Infrastructure

Australia Considers Introduction of ‘Treating Customers Fairly’ Regime

By Manesh Samtani | 23/12/2024

Andy Schmulow talks to Regulation Asia about a project he is leading to investigate the introduction of a TCF regime in Australian financial services.

Fintech / Regtech

ASX Recovers from Worst Market Disruption in Four Years

By Editors | 23/12/2024

No trade settlements took place on Friday due to a “CHESS batch settlement delay”. Engineers had to work through the weekend to resolve the issue.

AML / KYC

Wolfsberg Group Issues Payment Transparency Roles & Responsibilities Guidance

By Editors | 23/12/2024

The guidance aims to help PSPs, regulators, and standard-setters understand their respective obligations in ensuring payment transparency.

Market Infrastructure

Korea Advances Bill to Open Up Corporate Credit Rating Market

By Editors | 22/12/2024

The government approved a revision bill that will abolish a requirement for licensed corporate credit rating providers to be at least 50 percent owned by financial institutions.