Enforcement

SEBI Warns Against Misuse of Whistleblower Policy

11/12/2022

A SEBI official said many whistleblower complaints are frivolous, mischievous or aimed at settling personal scores.

Securities / Derivatives

Industry Ranks Singapore Top APAC Market to Operate In

11/12/2022

In an ASIFMA survey, capital market participants ranked Singapore as the top market for its political environment and predictable and transparent regulatory policy.

Securities / Derivatives

SC Malaysia Raises Bar on Investment Research, Advice

11/12/2022

The SC released new guidelines for investment analysts and a technical note for those seeking to provide digital investment advice.

Enforcement

FCA to Ban Ex-Mizuho Traders for Manipulating Italian Bond Futures

11/12/2022

The FCA said the three traders repeated a pattern of “deliberate and intentional market manipulation on a number of occasions and were dishonest.”

Capital / Liquidity

RBNZ to Introduce New Capital Instrument for Mutual Banks

11/12/2022

The RBNZ will allow mutual banks to issue a so-called Mutual Equity Tier 1 (MET1) capital instrument, a new instrument that can qualify as CET1 capital.

Market Infrastructure

EU Commission Proposes New Rules on Clearing, Listing

11/12/2022

EU market participants will have to hold “active accounts” at EU CCPs for clearing certain systemic derivatives. Dual class shares will be introduced.

Hong Kong Unveils Insurance Sector Development Roadmap

11/12/2022

The roadmap includes plans to explore ways to connect Mainland and Hong Kong insurance markets and introduce a new policyholders’ protection scheme.

AML / KYC

Luxembourg Restores Partial Access to Beneficial Owners Register

10/12/2022

Access is being reinstated for journalists and certain professionals that require beneficial ownership information for AML/CFT.

Securities / Derivatives

RBI Tightens Rules on Loan Securitisations

10/12/2022

Local market participants say the move will reduce the volume of tradable securities available in the market, but improve the quality of securitisations.