United States

Tokenisation

DTCC Explores Further Digitalisation in Public & Private Markets

By Editors | 19/05/2020

Project Ion seeks to further optimise the settlement process in public markets. Project Whitney explores the use of asset tokenisation and digital infrastructure to support private markets.

ESG Data

Nasdaq Launches Service to Track ESG Impact of Investments

By Editors | 18/05/2020

‘ESG Footprint’ helps investors track a wide range of sustainability criteria, including carbon footprint, board diversity and companies flagged for human rights issues.

Trading & Investment

Sri Lankan Bourse Reopens to Trading Halts After 7-week Haitus

By Editors | 14/05/2020

The Colombo Stock Exchange opened for trading for the first time in seven weeks on Monday, triggering trading halts on its new circuit breaker mechanism.

PEPs & Sanctions

Trump Orders Federal Pension Fund to Halt Plans to Invest in China

By Editors | 13/05/2020

The Federal Retirement Thrift Investment Board had planned to benchmark its international exposures to an MSCI index that would channel up to $4.5bn into Chinese equities.

Credit Risk

HKMA Support Measures and the Impact to the Banking Industry

By Pierre Latrobe | 12/05/2020

Pierre Latrobe at Mazars discusses recent HKMA initiatives taken in response to Covid-19 and their implications for Hong Kong banks, highlighting credit risk as a growing threat.

Market Abuse

US SEC Penalises Bloomberg Tradebook Over Order Routing

By Editors | 07/05/2020

Bloomberg Tradebook let unaffiliated brokers make decisions about the routing of certain customer trade orders in a way that lowered its own costs, without informing affected customers.

Structural Regulation

US SEC Green-lights Launch of New Stock Exchange, MEMX

By Editors | 07/05/2020

Backed by some of Wall Street’s largest financial institutions, MEMX says it will offer a less expensive exchange model; fewer, less complex order types; and a basic market data feed.

Trading & Investment

Sri Lanka to Implement New Stock Market Circuit Breaker

By Editors | 05/05/2020

Sri Lanka’s SEC has directed the Colombo Stock Exchange to implement the new circuit breaker structure when the market reopens after its closure on 20 March.

PEPs & Sanctions

US Prosecutors Target Foreign Bank Records in North Korean Cyber Hunt

By Nick Turner | 05/05/2020

US authorities may be signalling their intent to increasingly use the PATRIOT Act to gain access to foreign bank records in DPRK sanctions investigations, says Nick Turner at Steptoe & Johnson.