Crypto / Digital Assets

Malaysia Issues New Guidelines on Digital Assets

16/01/2020

The guidelines require platform operators to carry out due diligence on prospective issuers of digital tokens, and issuers to satisfy governance and capital requirements.

Securities / Derivatives

Hang Seng Index Operator Seeks Views on Constituent Eligibility

16/01/2020

The operator of the Hang Seng Index is soliciting market views on the eligibility of weighted voting rights and secondary-listed companies for inclusion in the benchmark.

Fintech / Regtech

EBA Details Roll-out Challenges of Big Data, Advanced Analytics

16/01/2020

The EBA has identified four key pillars necessary to support the rollout of advanced analytics in the banking sector, along with a set of ‘elements of trust’.

Securities / Derivatives

SEBI Grants Two-Year Reprieve for Separation of Chairman, MD Roles

15/01/2020

The top 500 listed companies by market cap have two additional years to comply with a requirement to separate the roles of chairman and managing director.

Crypto / Digital Assets

Japan FSA to Limit Crypto Leverage to 2x Deposits – Report

15/01/2020

The rule will be stricter than the 4x leverage limit imposed by the Japan Virtual Currency Exchange Association, the industry’s self-regulatory organisation.

Market Infrastructure

Malaysia to Boost Digital Payments with $110m Giveaway

15/01/2020

Every Malaysian aged 18 years and above, and earning less than 100,000 ringgit a year, is eligible to receive a one-off 30 ringgit through one of three e-wallet companies.

Securities / Derivatives

Hong Kong, China Resume Discussions on ETF Connect

15/01/2020

SFC deputy chief executive Julia Leung has indicated that discussions with the CSRC have resumed to address the technical challenges of implementing an ETF Connect.

Fintech / Regtech

China to Introduce New Rules for Online-only Banks – Report

15/01/2020

The framework will enable foreign banks in China to set up separate digital banking platforms, while also covering existing online-only banks WeBank, MYbank and AiBank.

Market Infrastructure

US Finalises Rules Expanding Foreign Investment Review Process

15/01/2020

Foreign investors will be subject to the CFIUS national security review process even for deals to take a non-controlling interest in certain US companies.