
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Big Picture
Geopolitical Risk Surpasses Cyber as Top Overall Risk: Survey
12/12/2019
Geopolitical risk & trade tensions was cited as the top overall risk for 2020 in DTCC’s annual Systemic Risk Barometer Survey, though cyber was cited more frequently as a ‘top 5 risk’.
Market Infrastructure
LSEG to Provide Post Trade Technology for Philippine Bourse
12/12/2019
The Securities Clearing Corporation of the Philippines will use LSEG technology to enhance its clearing, settlement, risk and collateral management capabilities.
Securities / Derivatives
ASIC Allows Non-transparent Active ETFs to Remain Non-Transparent
12/12/2019
Active ETF providers will have to implement new controls to manage risks associated with internal market making models, but they will be allowed to continue to hide their holdings.
ACCC Proposes to Re-authorise Mortgage Broking Disciplinary Body
12/12/2019
The ACCC typically re-authorises the MFAA for five years. A draft decision to reauthorise it for just two years is to allow it time to make Royal Commission-related changes to its disciplinary rules.
Securities / Derivatives
NZX, EEX to Jointly Pursue Carbon Market Opportunities
12/12/2019
NZX believes that the transparency and security of a regulated market like the European Energy Exchange will add value to the existing carbon market in New Zealand.
Securities / Derivatives
KRX to Simplify KOSDAQ Listing Requirements Next Year
12/12/2019
Korea Exchange plans to reform the listing requirements of the KOSDAQ market by shifting the focus to the future growth potential of companies.
Securities / Derivatives
Fiji, PNG Stock Exchanges Sign MoU on Joint Market Development
12/12/2019
Fiji’s SPX has signed an MoU with Papua New Guinea’s national stock exchange to cooperate on capital markets development, following from a similar MoU with NZX earlier this year.
Capital / Liquidity
APRA Issues Final Operational Risk Requirements for ADIs
12/12/2019
The prudential standard comes into effect from 1 January 2021 for ADIs using advanced measurement approaches to calculate the required capital for operational risk.
ESG / Sustainability
Japan to Revise Stewardship Code to Include ESG Factors
12/12/2019
The proposed revisions could be adopted as early as March, increasing the focus on ESG factors for institutional investors in Japan.
ESG / Sustainability
ASIC Launches Climate Risk Governance Surveillance Programme
12/12/2019
ASIC has started contacting large companies as part of an investigation into climate risk governance. The findings are expected in July 2020.
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