Markets & Infrastructure
Capital markets, exchanges, clearing and settlement, and market conduct.
Date
Story
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PBOC to create a liquidity backstop for bond fund redemptions and study an overnight policy rate
Pan Gongsheng announced a liquidity tool for mass redemptions at non-banks, wider SLF access for foreign banks, and a study of an overnight policy rate.
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Hong Kong pushes T+1 settlement to the second half of 2028 after brokers ask for more time
HKEX’s T+1 conclusions move the target from Q4 2027 to 2H 2028, with readiness due by September 2028. The SFC backs the plan and urges firms to start now.
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SFC freezes up to HK$4.66bn and suspends Baicha shares over suspected IPO rigging
The SFC froze up to HK$4.38bn linked to two suspected IPO-rigging groups, its largest freeze of this kind, and had trading in Baicha shares suspended.
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MAS confines roadshow selling to commercial venues and drops its ban on mentioning gifts
MAS will require consent before roadshow and cold-call selling and named event supervisors, but has dropped plans for decision windows and gift bans.
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ADGM’s FSRA proposes a tenfold rise in trading venue fees and automatic late-filing charges
The FSRA plans to raise MTF and OTF application fees from $10,000 to $100,000, charge listed issuers yearly and repeat late-filing fees from January 2027.
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FCA revives 90-day notice periods for UK property and illiquid asset funds
CP26/35 would put 17 UK funds with £7.22bn in net assets on monthly dealing and 90-day notice, six years after the FCA paused a similar plan.
