Europe

Trading & Investment

Huatai Confirms Intention to Float London Depositary Receipts

By Editors | 06/06/2019

Huatai Securities reconfirming its intention to list depositary receipts on the LSE signals that the issues that delayed the Shanghai-London Stock Connect may now be resolved.

Cloud & Infrastructure

ISDA CDM Deployed in UK Digital Regulatory Reporting Pilot

By Manesh Samtani | 23/05/2019

The UK initiative  is exploring the use of technology to help firms meet their regulatory reporting requirements and improve the quality of information reported.

Market Abuse

European Commission Fines Five Banks Involved in FX Trading Cartel

By Editors | 20/05/2019

Individual traders at Citigroup, Barclays, RBS, JP Morgan and MUFG exchanged sensitive information and coordinated spot FX trading strategies through online chatrooms.

Trading & Investment

‘No Concrete Timetable’ for Shanghai-London Connect – SSE

By Editors | 17/05/2019

The project to link the Shanghai and London stock exchanges has reportedly lost momentum in China, after earlier plans to launch in December were called off.

Structural Regulation

Hong Kong, Netherlands Agree Mutual Recognition of Funds

By Editors | 16/05/2019

Hong Kong and Dutch regulators have set out a framework for the exchange of information and mutual recognition of funds registered in both jurisdictions.

Clearing & Post-Trade

ESMA Recognises India ICC as Third Country CCP

By Editors | 15/05/2019

The recognition gives India ICC QCCP status across the European Union. QCCP members are subjected to lower capital requirements/charges under Basel III.

Trading & Investment

Sri Lanka Signs Dual Bond Listing Deal with London

By Editors | 14/05/2019

Colombo’s stock exchange has signed an MoU to list domestic government bonds in London and enable LSEG to support the development of Sri Lanka’s capital markets.

Clearing & Post-Trade

HKEX, Euroclear to Bring European ETFs to Hong Kong

By Editors | 08/05/2019

HKEX will become the first Asian stock exchange to adopt Euroclear’s international central securities depository ETF settlement model, which allows trades in different markets to be settled in a central location.

Clearing & Post-Trade

Japan OTC Derivatives Regime Deemed Equivalent Under EMIR

By Editors | 26/04/2019

The European Commission recognises Japan’s rules on valuation, dispute resolution and margin exchange for uncleared OTC derivative contracts as equivalent to EMIR.