Editors
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Articles by Editors
Market Infrastructure
FTSE Russell to Include Chinese Govt Bonds in Global Index
27/09/2020
FTSE Russell cites significant market infrastructure improvements to expand access to international investors, improve liquidity, and develop settlement and custody processes.
Securities / Derivatives
EU Sets Out Action Plan to Achieve Capital Markets Union
27/09/2020
The Action Plan seeks to make financing more accessible to European companies and integrate national capital markets into a genuine single market.
Market Infrastructure
FSB Confirms Governance Body for OTC Derivatives Identifiers
27/09/2020
The Regulatory Oversight Committee of the Global LEI System will be the International Governance Body for the UTI, UPI and CDE as of 1 October.
BSP to Impose 24pc Ceiling on Credit Card Interest
27/09/2020
Effective from 3 November, credit card issuers can charge a maximum 2% per month on unpaid outstanding credit card balances.
Enforcement
Former Citic Bank Exec Sentenced to 15 Years’ Jail for Bribery
26/09/2020
The conviction is said to be linked to a criminal case involving the head of a Citic Group asset management subsidiary.
Bangladesh Bank Orders Banks to Cap Credit Card Interest
26/09/2020
Banks are charging customers between 25 and 27 percent in interest on credit card debt, in violation of regulations, Bangladesh Bank said.
Enforcement
SEBI Quadruples Penalties Against CRAs Over IL&FS Failures
26/09/2020
In December, SEBI issued INR 2.5 million penalty orders against ICRA, India Ratings & Research and Care Ratings. This has been raised to INR 10 million.
Thailand: BOT to Revamp Banks’ Reporting Requirements
26/09/2020
The reforms will reduce data processing steps for financial institutions and the costs associated with reporting, while increasing reporting efficiency.
Securities / Derivatives
BSP Approves Sale of Unit Investment Trust Funds via Third Parties
26/09/2020
New rule amendments allow trust corporations to offer their investment products through third-party distributors, including individual and institutional agents.
Securities / Derivatives
CSRC Approves Four ETFs Tracking New SSE STAR 50 Index
26/09/2020
China Asset Management, E Fund Management, Huatai-PineBridge Fund Management and ICBC Credit Suisse Asset Management received approval.
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