INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS

    Market Infrastructure

    CCPs Failing on Risk Management, Recovery Planning – IOSCO

    By Garima Chitkara | 07/05/2018

    Latest report on implementation of IOSCO’s Principles of Financial Market Infrastructures raises concerns about the speed of progress for CCPs putting in place risk management and recovery planning measures.

    Market Infrastructure

    India Puts Funds Passporting On Hold

    By Garima Chitkara | 30/04/2018

    Local press reports say SEBI is concerned about excessive foreign money into the country’s nascent mutual funds industry making it susceptible to fund volatility.

    Market Infrastructure

    FSB Publishes Second UPI Governance Consultation

    By JP Reimann | 27/04/2018

    Consultation covers fee models and cost recovery, intellectual property, standardisation, competition among UPI service providers, arrangements for UPI reference data library.

    Fintech / Regtech

    SFC Eying Rules on Instant Message Trade Orders

    By Samuel Riding | 16/04/2018

    Executive director also says regulator to develop common standard on the content and format of data required to be kept by investment firms.

    Market Infrastructure

    CPMI-IOSCO Publish Multi CCP Stress Testing Framework

    By Editors | 12/04/2018

    Framework supports stress tests examining potential macro-level impact of common stress event affecting multiple CCPs to gauge interdependencies between markets, CCPs and other entities.

    Market Infrastructure

    CPMI-IOSCO Issues Technical Guidance on OTC Derivatives Data

    By Manesh Samtani | 12/04/2018

    Guidance excludes UTI and UPI standards, includes parameters for how data should be reported rather than specific regulatory requirements.

    Securities / Derivatives

    IOSCO Issues Corporate Bond Transparency Recommendations

    By Editors | 07/04/2018

    Better access to information will aid regulator functions, enhance cross-border information sharing, enable better informed investment decisions, boost market liquidity.

    Market Infrastructure

    IOSCO Consults on Volatility Control Mechanisms

    By Manesh Samtani | 09/03/2018

    Consultation report include recommendations on monitoring, record-keeping, disclosures on trigger mechanisms and cross-jurisdictional communication for dual-listed securities.

    Market Infrastructure

    Bursa Malaysia Targets T+2 Securities Settlement

    By Manesh Samtani | 02/03/2018

    Other market boosting measures include a stamp duty waiver for stocks, as well as new ETF, ASEAN-centric and derivatives product launches.

    Securities / Derivatives

    IOSCO Issues Guidance on Conflicts of Interest in Equity Offerings

    By Editors | 24/02/2018

    Recommendations developed by group of regulators including ASIC, Hong Kong’s SFC and Japan’s FSA.

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