Legal & Regulation

Story

Hong Kong SFC issues 'approval-in-principle' for OSL virtual asset automated trading and brokerage licenses

Hong Kong SFC issues 'approval-in-principle' for OSL virtual asset automated trading and brokerage licenses

Asian digital asset platform OSL, a member of BC Technology  Group, has secured an approval-in-principle for its application to operate a virtual asset trading platform under a license for Type 1 (dealing in securities) and Type 7 (automated trading service (ATS)) regulated activities under the Securities and Futures Commission (SFC) virtual asset licensing framework in Hong Kong.

Story

Morningstar recognised as non-EU administrator of benchmarks under the European Benchmarks Regulation (BMR)

Morningstar recognised as non-EU administrator of benchmarks under the European Benchmarks Regulation (BMR)

Morningstar, a provider of independent investment research, has been recognised as a non-EU Administrator of benchmarks under the European Benchmarks Regulation (BMR). The BMR introduces a common framework and consistent approach to benchmark regulation, with an objective of ensuring the accuracy and integrity of benchmarks across the European Union.

Exchanges

The World Federation Of Exchanges calls for considered approach to treatment of CCP equity in resolution

The World Federation Of Exchanges calls for considered approach to treatment of CCP equity in resolution

The World Federation of Exchanges, the global industry group for central counterparties (CCPs) and exchanges, has called for a careful and considered approach in any change to resolution arrangements at CCPs, as upsetting the tried and tested balance of incentives could damage stability and increase systemic risk.