Securities / Derivatives

SFC to Review Brokers’ Internal Controls Next Month

24/01/2024

The circularisation exercise and internal control review will help to identify potential misconduct such as misappropriation of client assets.

Capital / Liquidity

RBNZ Consults on Proposals to Activate DTI Restrictions for Mortgage Lending

23/01/2024

The RBNZ says DTI restrictions will allow the central bank to loosen the LVR settings without increasing risks to financial stability.

Securities / Derivatives

iFast Gets In-Principle Approval to Launch Bond Market in Malaysia

22/01/2024

SGX-listed iFast Corp aims to launch its bond trading services in Malaysia in the second half of 2024.

Market Infrastructure

Cambodia Securities Exchange Introduces USD Settlements

22/01/2024

CSX says investors can now trade local currency stocks but settle their transactions in US dollars, which will increase market accessibility.

ASIC Allows Two Extra Weeks to Register Financial Advisers

19/01/2024

AFS licensees have until 16 February to register their financial advisers. Providing personal advice to retail clients without registration will be subject to regulatory action.

Market Infrastructure

Japan To Introduce Mandatory English Disclosures on Prime Market

18/01/2024

The TSE will require all listed firms on its Prime Market to make disclosures in English and Japanese starting 2025.

Ping An Bank Names 41 Developers Eligible for Funding Support

17/01/2024

Ping An Bank has adjusted its risk assessment and funding approval procedures to enhance funding support to China’s property sector.

Enforcement

CSRC Fines Three Executives for Stock Price Manipulation

16/01/2024

Following its investigation, the CSRC has imposed a total fine of CNY 661 million.

Market Infrastructure

BSP Offers Incentives for Early Use of New Standard Loan Form

16/01/2024

Lenders that adopt the new loan application form ahead of mandatory adoption will receive a reduction in the annual supervisory fee for 2024 and 2025.