Enforcement

HK Court Upholds SFC Power to Access Digital Devices in Investigations

19/02/2020

The SFC is empowered to access to email accounts and personal digital devices which may contain information relevant to its investigations, the court said.

Fintech / Regtech

FSC Korea Outlines Ten Policy Measures Targeting Innovation

19/02/2020

The policy tasks include measures to direct capital to SMEs and innovative startups, and promote inclusive finance, fintech and open banking.

Big Picture

OECD Warns of Global Debt Pileup from Corporate Bonds

19/02/2020

High leverage in the corporate sector make it essential to improve the ability of equity markets to strengthen corporate balance sheets and support long-term investments.

Market Infrastructure

New Zealand Takes Step Towards New Financial Conduct Regime

19/02/2020

New legislation to establish an effective fair conduct regime for the financial sector has passed its first reading in New Zealand.

Securities / Derivatives

SEBI Forms Municipal Bonds Development Committee

18/02/2020

The committee will advise on regulation to develop the primary and secondary markets for municipal bonds.

ESG / Sustainability

TWSE Amends Listed Company Guidelines to Enhance Governance, CSR

18/02/2020

The amendments include stock trading controls to prevent insider trading, ethical management units at listed companies, and disclosures of governance practices for managing climate risk.

Capital / Liquidity

SEBI Bars Portfolio Managers from Charging Upfront Fees

18/02/2020

SEBI has barred portfolio managers from charging upfront fees from clients and imposed caps on annual management fees and exit loads.

Fintech / Regtech

AUSTRAC, Home Affairs Dept Highlight Benefits of Blockchain

18/02/2020

The Department of Home Affairs and AUSTRAC say blockchain has the potential to significantly reduce compliance costs and the regulatory burden imposed on reporting entities.

Fintech / Regtech

SEBI Approves Live Sandbox Testing for Regulated Entities

18/02/2020

SEBI-registered entities can test new products, services and business models on a limited set of customers, for a specified period of time, with certain regulatory relaxations.