Conduct, Culture & Accountability

SEBI Directs Market to Display Investor Charter, Complaints Data

04/12/2021

From January 2022, stock exchanges, merchant bankers and RTAs will need to publish the new investor charter as well as complaints data on their websites.

Cybersecurity

Thai SEC to Enhance Capital Market Resilience to Cyber Risk

04/12/2021

Under revised rules, market participants are required to and enhance cybersecurity control measures, vulnerability assessments, penetration testing and third-party access controls.

Resolution & Recovery

FSB Offers Guidance on Enhancing G-SIB Crisis Preparedness

01/12/2021

The FSB identifies good practices to help authorities enhance their preparedness for the management and resolution of a crisis affecting a G-SIB.

Trading & Investment

SGX Launches First Leveraged and Inverse ETPs

01/12/2021

The listing enables investors to express market views without engaging in traditional leverage strategies that require margin monitoring or shorting, said SGX’s Michael Syn.

Structural Regulation

Refinitiv Launches USD IBOR Institutional Cash Fallbacks

01/12/2021

Fallbacks for institutional cash products are now production benchmarks. Prototype fallbacks for consumer cash products will be launched on 3 January 2022.

Conduct, Culture & Accountability

SFC Bans Former Private Banker Over False Academic Qualifications

01/12/2021

The SFC considers the former relationship manager to not be fit and proper as her conduct was “plainly dishonest”.

Structural Regulation

RBI to Update Rules on Ownership of Private Sector Banks

01/12/2021

Promoters will be able to increase their long-run stakes in private sector banks from 15 to 26 percent. The capital requirement for a universal bank licence will be doubled.

Conduct, Culture & Accountability

Bursa Malaysia to Enhance Conflict of Interest Disclosure Rules

01/12/2021

Proposed amendments will require directors and senior managers of listed companies to disclose their interests in competing businesses.

Clearing & Post-Trade

ASX Opens First Industry Test Environment for CHESS Replacement

01/12/2021

ITE1 is open for software providers to test functional and non-functional workflows for the new equities clearing and settlement system.