Market Infrastructure

Taiwan FSC Urges ListCos, Brokers to Bolster Cyber Defences

14/02/2022

The regulator is encouraging listed companies and securities firms to share information security information to achieve greater effectiveness in their cyber defences.

Market Infrastructure

ASX Proposes Changes to Rules on Investment Loss Allocation

14/02/2022

The changes relate to the allocation of US settlement bank investment losses that arise from the inclusion of variation margin exposures in ASX Clear (Futures) overnight margin calls.

Securities / Derivatives

Thailand SEC Approves Rules for New SME Board

14/02/2022

The LiVE Exchange will provide a new channel for SMEs and startups to raise capital. Only qualified investors will be allowed to participate in trading.

Fintech / Regtech

UN Agency Approves Technical Standards Project for NFTs

14/02/2022

The project is led by Tencent, with support from other companies, universities and institutions including Ant Group.

Market Infrastructure

PBOC Issues New Bond Lending Rules for Interbank Market

14/02/2022

Financial institutions and foreign banks participating in the bond lending system must sign a master agreement, which NAFMII is tasked with developing.

HKMC Signs Infrastructure Financing MoUs with 14 More Banks

13/02/2022

The partner banks will identify infrastructure-related loan assets for the HKMC’s Infrastructure Financing and Securitisation business.

Enforcement

Prosecutors Drop Criminal Cartel Case Against Citi, Deutsche

13/02/2022

Australia’s top prosecutor concluded that there were no longer reasonable prospects of convicting Citigroup, Deutsche Bank and four former executives.

Securities / Derivatives

SEBI Revises Format for Abridged Prospectus Disclosures

13/02/2022

The format has been revised to offer greater simplicity, clarity and consistency in the disclosures, and to ensure additional critical information is provided to investors.

AML / KYC

New CDD Rules to Have ‘Limited’ Impact on Customers: PBOC

13/02/2022

The PBOC has responded to concerns about incoming rules that will require banks to perform extra due diligence for deposits and withdrawals exceeding CNY 50,000.