Trading & Investment

SEBI Allows Exchanges to Introduce Commodity Index Futures

19/06/2019

Following an earlier consultation paper, SEBI has approved the trading of commodity index futures on relevant local exchanges.

Cybersecurity

BNM to Set Up Cyber Threat Intelligence Platform

19/06/2019

BNM governor says the platform will strengthen the financial industry’s capabilities to respond to cyber threats and help create a safe environment for innovation.

Market Abuse

SSE Issues Rules to Curb Abnormal Trading on New Board

19/06/2019

The rules are aimed at preventing large market fluctuations, while maintaining market liquidity, the Shanghai Stock Exchange said.

Trading & Investment

HKEX Announces Launch of First Active ETF

19/06/2019

The introduction of active ETFs in Hong Kong is another step towards HKEX’s goal of becoming a hub for the issuance and trading of ETFs.

Structural Regulation

Korea to Develop New Benchmark Interest Rate

19/06/2019

The FSC and BOK have formed a task force to develop a new benchmark interest rate and improve the current method of calculating the existing benchmark.

Cybersecurity

IOSCO Urges Members to Review, Enhance Cyber Standards

19/06/2019

A new report from the IOSCO Cyber Task Force provides an overview of three internationally recognised cyber standards and frameworks used by IOSCO members.

Clearing & Post-Trade

UPDATED – S. Korea Moving to Paperless Securities in September

19/06/2019

South Korea’s Cabinet has approved an ordinance to introduce an electronic securities system for all listed stocks and bonds from 16 September.

Structural Regulation

SFC Warns FX Brokers Against Servicing Mainland Clients

18/06/2019

Licensed corporations and their controlling entities are asked to review the legality of the services they offer, and immediately discontinue “unauthorised or illicit activities”.

Conduct, Culture & Accountability

Banks Making Progress on Compensation Practices: FSB

18/06/2019

Most banks now have compensation policies in place that reduce the potential for inappropriate risk-taking. The challenge now is to develop frameworks for assessing their effectiveness.