Securities / Derivatives

SEBI Shortens Share Listing Timeline for Public Issuances

10/08/2023

SEBI reduces share listing timeline for public issues from T+6 to T+3 to enhance capital market efficiency.

Capital / Liquidity

APRA Removes Liquidity Add-on for Bendigo and Adelaide Bank

10/08/2023

APRA applied a ten percent add-on to the net cash outflow component of Bendigo’s LCR calculation in October 2020.

AML / KYC

Cambodia to Leverage Indonesia Experience to Strengthen Non-Bank Financial Sectors 

10/08/2023

The MoU will help Cambodia enhance its non-bank financial services sectors, focusing on knowledge exchange and collaborative development.

Sanctions

US Treasury Clarifies Stance on Humanitarian Aid to Syria under Sanctions

09/08/2023

The guidance is the latest in a series of OFAC actions aimed at clarifying the US government’s stance on humanitarian trade.

Capital / Liquidity

BlackRock to Trim Capital in South Korean Unit by 62 Percent

09/08/2023

Reports suggest that the move is linked to BlackRock’s shift away from retail business in Korea two years ago, as well as a potential tax rule change in the country.

Securities / Derivatives

China: New Independent Director Rules to Take Effect from 4 September

09/08/2023

The CSRC and stock exchanges will play a bigger role in the appointment and selection of independent directors.

Capital / Liquidity

US Majors Reveal Expected Costs for FDIC Special Assessment

09/08/2023

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup expect to pay a combined $8.2bn to replenish the fund.

Fintech / Regtech

UK Commits to Taking Forward Payments System Reforms

09/08/2023

The reforms will include a regulatory regime for future systemically important stablecoins used as a means of payment.

Market Infrastructure

NIST Solicits Feedback on Revamped Cybersecurity Framework

09/08/2023

NIST invites feedback on its updated Cybersecurity Framework 2.0 draft by 4 November 2023.