Posts By Editors, Regulation Asia
-
1.3KNew Securities Law to Take Effect in China from March 2020
Editors, Regulation Asia December 28, 2019A fourth and potentially final draft of China's new Securities Law has been submitted to the NPC Standing Committee's bimonthly session.
-
401RBI Caps Lenders’ Exposures to P2P Platform Borrowers
Editors, Regulation Asia December 28, 2019The RBI has set a 5mn rupee cap on the aggregate exposure a lender can have to borrowers on P2P lending platforms, and a 1mn rupee cap for lenders with a net worth under 5mn rupees.
-
710China to Improve Mechanisms for Handling Bond Defaults
Editors, Regulation Asia December 28, 2019Proposals include mechanisms for early detection and investigation of bond disputes, higher penalties for repayment failures, and lower costs for investors exercising litigation rights.
-
783ESMA Extends UK CCP Recognition to Guard Against No-Deal Brexit
Editors, Regulation Asia December 27, 2019The temporary recognition decisions for LCH, ICE Clear Europe and LME Clear have been extended to 30 March 2021, in case of a no-deal Brexit scenario.
-
452BOJ Releases Summary Report on CBDC Legal Issues
Editors, Regulation Asia December 27, 2019In light of the potential legal issues that may arise from a CBDC issuance by the Bank of Japan, more detailed discussion is needed.
-
480Philippine Bourse Seeks Higher Capital Requirements for Brokers
Editors, Regulation Asia December 27, 2019In the aftermath of a 700-million-peso stock theft, PSE president Ramon Monzon will reportedly propose to more than triple current capital requirements for older firms.
-
526RBI Allows IFSC Banks to Open Foreign Currency Current Accounts
Editors, Regulation Asia December 26, 2019IFSC Banking Units will be allowed to open foreign currency current accounts for entities operating in Gift City, including non-resident institutional investors and corporate borrowers.
-
986Taiwan FSC Outlines Bank Examination Priorities for 2020
Editors, Regulation Asia December 26, 2019The FSC's Financial Examination Bureau will reportedly focus on compliance with rules on AML, corporate governance, information security, consumer protection and personal data protection.
-
AML / KYC
DFAT to Establish New Australian Sanctions Office from 1 Jan
As part of the establishment, Australia's Department of Foreign Affairs and Trade will be rolling out changes to its online sanctions permit platform in early 2020.
-
558SEBI to End Usage of Pool Accounts for Mutual Fund Transactions
Editors, Regulation Asia December 26, 2019SEBI found that trading and clearing members used by mutual funds were diverting client funds and securities to meet their own or third-party margin or settlement obligations.
