Trading & Investment

SEBI Amends Norms on Mutual Fund Commissions, Disclosures

27/03/2019

SEBI has set a cap on up-fronting of trail commissions and amended disclosure rules to “protect the interests of investors.”

Market Abuse

Citigroup Faces $1.2m Fine in Japan over Alleged JGB Manipulation

27/03/2019

Citigroup’s London office allegedly placed large orders in the 10-year JGB futures market outside of Japanese trading hours that were not executed, but may have mislead investors.

Cybersecurity

APRA Proposes Updated Guidance on Information Security

27/03/2019

APRA is seeking feedback on updated guidance which will help the industry embed the new prudential standard on information security in July.

Capital Adequacy

CFTC Expands Margin Comparability Determination for Japan

27/03/2019

The amended determination for Japan finds comparability regarding the scope of entities subject to the margin requirements, and the treatment of margining for inter-affiliate transactions.

Sustainable Finance

SFC’s Alder Speaks on “Greening the Financial System’

27/03/2019

The financial sector will have a critical role to play in channelling investment towards sustainable projects on a global scale, said SFC chief Ashley Alder at the Bloomberg BuySide Summit.

Trading & Investment

Taiwan Launches Simulator for New Continuous Trading System

27/03/2019

The simulation platform will operate off-market hours and allow investors to familiarise themselves with the new system, which is set to be launched in March 2020.

Trading & Investment

Bangladesh Looks to Boost Capital Markets with Derivatives, Sukuk Trading

26/03/2019

Bangladesh’s securities regulator is reportedly formulating new rules to facilitate trading of derivatives and sukuk, while it also considers changes to enhance private placement regulations.

Clearing & Post-Trade

Leading Dealers Adopt DTCC-Euroclear Collateral Management Utility

26/03/2019

The Margin Transit Utility provides straight-through-processing and centralised communications and settlement instructions for collateral transfer.

Capital Adequacy

New Internet-Only Banks in S. Korea to Get Grace on Basel Rules

26/03/2019

The FSC wants to grant new internet-only banks three years’ grace on Basel III requirements to ease the regulatory burden during the early stages of their business operation.