Reporting & Disclosures

JPX Launches ‘Knowledge Hub’ to Promote ESG Investment, Disclosure

23/11/2020

The ESG Knowledge Hub provides information and guidance on ESG disclosure and investment from institutional investors, regulators, government and listed companies.

Capital Adequacy

HKMA Updates Rules for Banks’ Equity Investments in Funds

22/11/2020

The HKMA consulted on local implementation of the standard in January 2019. The new consultation contains amendments reflecting industry feedback.

KYC & CDD

South Pacific Nations Complete First Phase of KYC Facility Project

22/11/2020

The KYC facility will improve CDD processes and AML/CFT compliance, and support the provision of correspondent banking services to Pacific Island nations.

Structural Regulation

FSC Korea Set to Implement Financial Benchmark Act

22/11/2020

The FSC has enacted an enforcement decree setting out the requirements for benchmark administrators, contributors and users.

Conduct, Culture & Accountability

ASIC Orders Fund Manager to Stop Misleading Radio Advertising

22/11/2020

The stop order prohibits Skyring Funds Management from comparing its fixed income fund to bank-issued deposit products in advertising.

Structural Regulation

MAS Finalises New Rules for Insurers Managing Par Funds

22/11/2020

New requirements on how insurers offering participating insurance policies can charge expenses to Par funds will take effect on 1 January 2021.

Structural Regulation

Industry Bodies Call For Delay to EU Third-country Benchmarks Regime

22/11/2020

ISDA and 13 other associations say they believe an extension of the transitional period for third-country benchmarks under BMR is urgently needed.

Clearing & Post-Trade

SGX to Enhance Clearing Member Default Management Process

22/11/2020

SGX proposes to align CDP’s default management practices with global standards and improve the efficiency and speed with which defaults may be resolved.

Trading & Investment

UPDATED – First Brokers Approved to Use TSE’s CONNEQTOR Platform

22/11/2020

CONNEQTOR enables institutional investors who want to trade a particular ETF at a particular quantity to send an RFQs to market makers.