Enforcement

Chinese Exchanges Toughen ‘Abnormal Trade’ Monitoring

01/05/2018

SZSE and SSE have strengthened rules for member firms on monitoring key accounts for abnormal trading and market manipulation.

Securities / Derivatives

China Securities Regulator Encourages Rental Property Securitisation

28/04/2018

CSRC says rental asset-backed REITs will allow property developers to raise funds, reduce leverage and diversify investment options.

Securities / Derivatives

Indian Exchanges Enable Retail Investment in Gov’t Securities

27/04/2018

BSE and NSE have launched online platforms for retail investors to participate in weekly RBI auctions for government securities and treasury bills.

Market Infrastructure

HKEX Appoints Laura Cha as Chairman

27/04/2018

Industry veteran Laura Cha is first female chairman for a two-year term, subject to approval by chief executive Carrie Lam.

Securities / Derivatives

China Allows Domestic Investors to Buy Hong Kong Equity Research

26/04/2018

The CSRC has allowed certain types of Hong Kong brokerages to sell locally-focused research to Chinese mainland investors as it looks to further integrate the two markets.

Enforcement

Cambodia Warns Against Online Lending Firms

26/04/2018

Central bank says many online lending firms are not licensed, making the loans illegal.

AML / KYC

RBI Updates KYC Guidance to Include Aadhar, Taxpayer Numbers

25/04/2018

Accounts opened without new documentary requirements will have severe restrictions in place including a INR50,000 maximum balance and monitoring to prevent foreign transactions.

Enforcement

FSB Publishes Toolkit on Combatting Misconduct

24/04/2018

Toolkit offers options on standards and codes of behavior, measures related to wholesale market conduct, guidance on compensation, and tools for strengthening governance.

Capital / Liquidity

RBI Urges Lenders to Monitor Borrowers for Early Signs of Stress

24/04/2018

Central bank deputy governor says banks see non-payment as “on par” despite loan resolution framework; poor credit culture must change.