Securities / Derivatives

FMSB Issues Good Practices for Suspicious Transaction, Order Reporting

15/01/2019

The FICC Markets Standards Board has published the final version of its Statement of Good Practice on suspicious transaction and order reporting.

Capital / Liquidity

Basel Committee Eases Trading Book Capital Requirements for Banks

15/01/2019

The final revisions to the market risk framework reduces the amount of total market risk capital for banks’ trading books by almost half compared to the 2016 version.

Market Infrastructure

Singapore Parliament Passes Payment Services Act

15/01/2019

The law represents a framework to streamline payment services regulation in Singapore under a single legislation and bring payment activities under the remit of the MAS.

Market Infrastructure

India to Force Foreign Brokers to Store Data Locally

15/01/2019

SEBI plans to mandate that data on Indian customers be stored on local servers, or for a real-time backup to be created to enable access from within the country.

Securities / Derivatives

Singapore, Philippine Bourses Collaborate on Equity Derivatives

15/01/2019

The SGX and PSE are working on developing new equity index derivatives for listing in the Philippines to offer a more diverse product line to international investors.

Securities / Derivatives

China Doubles QFII Quota to Boost Foreign Investment

15/01/2019

China will double the quota from the current $150bn, despite having only granted $101.1bn in quotas to foreign investors as of December.

Securities / Derivatives

MAS Announces Grant to Support Stock Listings, Equity Research

15/01/2019

The Grant for Equity Market Singapore, or GEMS, will launch in February, offering funding to facilitate SGX listings and develop the local equity research ecosystem.

Enforcement

NSE Chairman Resigns Amid Bribery Probe

14/01/2019

NSE chairman Ashok Chawla was named in a charge sheet related to a bribery case involving telecom operator Aircel and its Malaysian investor Maxis.

Fintech / Regtech

Singapore Banking Union Opens to Broader Financial Industry

14/01/2019

The newly renamed Banking and Financial Services Union aims to help professionals stay relevant and competitive amid technological advancement and industry changes.