Securities / Derivatives

Singapore, Philippine Bourses Collaborate on Equity Derivatives

15/01/2019

The SGX and PSE are working on developing new equity index derivatives for listing in the Philippines to offer a more diverse product line to international investors.

Securities / Derivatives

China Doubles QFII Quota to Boost Foreign Investment

15/01/2019

China will double the quota from the current $150bn, despite having only granted $101.1bn in quotas to foreign investors as of December.

Securities / Derivatives

MAS Announces Grant to Support Stock Listings, Equity Research

15/01/2019

The Grant for Equity Market Singapore, or GEMS, will launch in February, offering funding to facilitate SGX listings and develop the local equity research ecosystem.

Enforcement

NSE Chairman Resigns Amid Bribery Probe

14/01/2019

NSE chairman Ashok Chawla was named in a charge sheet related to a bribery case involving telecom operator Aircel and its Malaysian investor Maxis.

Fintech / Regtech

Singapore Banking Union Opens to Broader Financial Industry

14/01/2019

The newly renamed Banking and Financial Services Union aims to help professionals stay relevant and competitive amid technological advancement and industry changes.

Capital / Liquidity

HKMA Banking Securitisation Code Takes Effect

14/01/2019

The Code provides guidance on the qualifying conditions to use the internal assessment approach for calculating the capital requirement for certain securitisation exposures.

Enforcement

RBI Imposes Monetary Penalty on Citibank India

14/01/2019

The ₹30mn penalty is based on deficiencies in regulatory compliance related to ‘fit and proper’ requirements for bank directors.

Market Infrastructure

Productivity Commission Identifies Structural Flaws in Super Sector

11/01/2019

Superannuation members could benefit by an estimated A$3.8bn if two main structural problems were fixed, says the Productivity Commission in a new report.

Market Infrastructure

India Introduces Cybersecurity Rules for Mutual Funds, Asset Managers

11/01/2019

Mutual funds and asset management companies must develop a cybersecurity policy document approved and regularly reviewed by their boards and trustees.