Market Infrastructure

Market Infrastructure

Japan Proposes to Allow Foreign Institutions to Handle Domestic Securities

By Thisanka Siripala | 08/09/2024

Under the proposed revision, international platforms can be used for trading and settling domestic securities, provided they meet specific criteria and are approved by regulators.

Fintech / Regtech

Korea to Ease Entry Rules for Corporate Credit Rating Industry

By Editors | 06/09/2024

The FSC is abolishing the requirement for FIs to hold at least a 50% stake in companies for them to provide corporate credit ratings.

Market Infrastructure

IFSCA Proposes Rule Changes for GIFT City Market Infrastructure

By Ajoy K Das | 06/09/2024

The changes are aimed at ensuring robust governance standards at GIFT City’s two stock exchanges, two clearing corporations and one depository.

Fintech / Regtech

New Zealand Consults on CDR for Banking, Electricity Sectors

By Sanday Chongo Kabange | 04/09/2024

The proposal would require ANZ, BNZ, ASB and Westpac to implement open banking from 1 Dec 2025 and Kiwibank from 1 Dec 2026.

Crypto / Digital Assets

UDPN Integrates AUDD Stablecoin into Global Platform

By Editors | 04/09/2024

The integration is expected to accelerate the adoption of AUDD, and reduce friction in international payments.

Capital / Liquidity

Japan FSA to Strengthen Monitoring of Financial Institutions

By Thisanka Siripala | 04/09/2024

The FSA’s priorities include a stronger focus on corporate governance, risk management, and the asset management reforms.

Market Infrastructure

Deadline Fast Approaching for New Trade Reporting Rules in Australia and Singapore

By Manesh Samtani | 03/09/2024

DTCC, MAS and ASIC are calling on market participants to accelerate testing efforts to ensure readiness for new reporting rules that go live on 21 October.

Securities / Derivatives

Korea Outlines Three-Step Plan to Expand KOFR Adoption

By Manesh Samtani | 02/09/2024

FSC Vice Chair Kim So-young said KOFR adoption is no longer a matter of choice but a practical necessity that must be swiftly implemented.

Market Infrastructure

Australia Consults on New Merger Notification Thresholds

By Sanday Chongo Kabange | 02/09/2024

The notification thresholds determine which mergers must be notified to the ACCC under new rules commencing 1 Jan 2026.