Market Infrastructure

FSC, FSS Agree to Audit KRX, Disagree on Scope

20/06/2019

The FSS and FSC have agreed to conduct an audit of KRX by year end, though they disagree on its possible scope and comprehensiveness.

Market Infrastructure

CSRC, PBOC Ask Leading Brokers to Support Smaller Peers

19/06/2019

Nine leading brokerages and fund managers have reportedly been asked to provide liquidity support to smaller securities firms and funds to help ease cash shortfalls.

Securities / Derivatives

SEBI Allows Exchanges to Introduce Commodity Index Futures

19/06/2019

Following an earlier consultation paper, SEBI has approved the trading of commodity index futures on relevant local exchanges.

Fintech / Regtech

BNM to Set Up Cyber Threat Intelligence Platform

19/06/2019

BNM governor says the platform will strengthen the financial industry’s capabilities to respond to cyber threats and help create a safe environment for innovation.

Securities / Derivatives

SSE Issues Rules to Curb Abnormal Trading on New Board

19/06/2019

The rules are aimed at preventing large market fluctuations, while maintaining market liquidity, the Shanghai Stock Exchange said.

Securities / Derivatives

HKEX Announces Launch of First Active ETF

19/06/2019

The introduction of active ETFs in Hong Kong is another step towards HKEX’s goal of becoming a hub for the issuance and trading of ETFs.

Market Infrastructure

Korea to Develop New Benchmark Interest Rate

19/06/2019

The FSC and BOK have formed a task force to develop a new benchmark interest rate and improve the current method of calculating the existing benchmark.

Market Infrastructure

IOSCO Urges Members to Review, Enhance Cyber Standards

19/06/2019

A new report from the IOSCO Cyber Task Force provides an overview of three internationally recognised cyber standards and frameworks used by IOSCO members.

Securities / Derivatives

UPDATED – S. Korea Moving to Paperless Securities in September

19/06/2019

South Korea’s Cabinet has approved an ordinance to introduce an electronic securities system for all listed stocks and bonds from 16 September.