Trading & Investment

Hang Seng Index Operator Seeks Views on Constituent Eligibility

16/01/2020

The operator of the Hang Seng Index is soliciting market views on the eligibility of weighted voting rights and secondary-listed companies for inclusion in the benchmark.

AI Risk & Governance

EBA Details Roll-out Challenges of Big Data, Advanced Analytics

16/01/2020

The EBA has identified four key pillars necessary to support the rollout of advanced analytics in the banking sector, along with a set of ‘elements of trust’.

Conduct, Culture & Accountability

SEBI Grants Two-Year Reprieve for Separation of Chairman, MD Roles

15/01/2020

The top 500 listed companies by market cap have two additional years to comply with a requirement to separate the roles of chairman and managing director.

Cryptocurrency

Japan FSA to Limit Crypto Leverage to 2x Deposits – Report

15/01/2020

The rule will be stricter than the 4x leverage limit imposed by the Japan Virtual Currency Exchange Association, the industry’s self-regulatory organisation.

Payments & Settlements

Malaysia to Boost Digital Payments with $110m Giveaway

15/01/2020

Every Malaysian aged 18 years and above, and earning less than 100,000 ringgit a year, is eligible to receive a one-off 30 ringgit through one of three e-wallet companies.

Trading & Investment

Hong Kong, China Resume Discussions on ETF Connect

15/01/2020

SFC deputy chief executive Julia Leung has indicated that discussions with the CSRC have resumed to address the technical challenges of implementing an ETF Connect.

Structural Regulation

China to Introduce New Rules for Online-only Banks – Report

15/01/2020

The framework will enable foreign banks in China to set up separate digital banking platforms, while also covering existing online-only banks WeBank, MYbank and AiBank.

Structural Regulation

US Finalises Rules Expanding Foreign Investment Review Process

15/01/2020

Foreign investors will be subject to the CFIUS national security review process even for deals to take a non-controlling interest in certain US companies.

Market Abuse

CFTC Penalises Mirae Asset Daewoo on Spoofing Charges

15/01/2020

Mirae Asset will pay $700,000 to settle charges against Daewoo Securities, which it acquired in April 2016 — after the spoofing conduct at issue occurred.