Hong Kong Terminates Plan for Dual-Class Shares

06/10/2015

The Stock Exchange of Hong Kong has terminated a plan to allow dual-class shares and other weighted-voting rights structures after objection from the Securities and Futures Commission.

S. Korea Eyes Listing of Foreign ETFs on Local Bourse

06/10/2015

The Korea Exchange has said that it will seek to list foreign ETFs on the local stock market to meet rising local demand for direct overseas investment.

ICE Clear Singapore Recognised as Third Country CCP

06/10/2015

Intercontinental Exchange has announced that ICE Clear Singapore has been recognised as a third-country central counterparty in accordance with the European Market Infrastructure Regulation.

Asian Banks Forced to Boost Capital at UK Subsidiaries

06/10/2015

The Bank of England has tightened regulations for foreign banks offering retail services to UK consumers, forcing many overseas lenders to inject more capital into their UK subsidiaries.

Securities / Derivatives

Malaysia Issues New Policy Document on Compliance

05/10/2015

Bank Negara Malaysia (BNM) has released new policy requirements on compliance for financial institutions which will come into effect on January 1, 2017.

Securities / Derivatives

Thailand Enhances Financial Reporting Ecosystem

05/10/2015

Thailand’s Securities and Exchange Commission has launched an initiative to enhance the sustainability of the financial reporting ecosystem.

Hong Kong SFC Chairman Carlson Tong Reappointed

05/10/2015

The Securities and Futures Commission has reappointed Carlson Tong as its chairman for a term of three years effective from October 20, 2015.

Securities / Derivatives

Myanmar Central Bank Releases AML/CTF Guidelines

05/10/2015

The Central Bank of Myanmar has published risk management guidelines for anti-money laundering and counter terrorist financing at financial institutions.

CSRC Considers Lifting IPO Suspension

04/10/2015

The China Securities Regulatory Commission is considering the resumption of initial public offerings, after halting approvals since July amid a domestic stock market meltdown.