Crypto / Digital Assets

Chinese Bigtechs Pledge to Prevent, Deter NFT Speculation

07/07/2022

Tencent and Ant Group are among those that have pledged to adhere to China’s crypto ban and prevent speculation on platforms that deal in ‘digital collectibles’.

Securities / Derivatives

Australia Reviews Impact of 2020 Ban on LIC Stamping Fees

07/07/2022

Two years ago, the government banned LICs and LITs from paying stamping fees to AFS licensees for help secure investors for capital raisings.

Big Picture

IMF Calls for Strengthening of Capital Markets Regulation

07/07/2022

Securities regulators have generally not seen increases in their resources despite their expanding regulatory perimeters and raised supervisory expectations.

Securities / Derivatives

China Outlines Plans to Develop Beijing into Technology Hub

07/07/2022

The measures seek to create a “multi-tier, professionalised and specialised tech financing system” in Beijing.

Market Infrastructure

China Issues New Rules on Data Export Security Assessments

07/07/2022

The rules set out the security assessment framework for cross-border data transfers.

Securities / Derivatives

FMA Proposes Guidance for Advising on IPOs, Listed Equity

07/07/2022

The guidance explains the FMA’s approach to applying and enforcing Code Standard 3 of the Code of Professional Conduct for Financial Advice Services.

MAS, IBF Adjust Training Scheme Funding Parameters

07/07/2022

MAS says training and upskilling culture in the financial sector workforce has taken root, and high uptake in training is encouraging.

Capital / Liquidity

APRA Proposes Enhanced Disclosures on Remuneration, Risk Metrics

07/07/2022

APRA proposes to require FIs to publicly disclose how their remuneration arrangements are designed and how risk is factored into remuneration outcomes for key executives.

Crypto / Digital Assets

Japanese Brokerages to Launch Digital Token Operations – Report

07/07/2022

Nomura and SBI will invest in and offer services to support startups and other companies that are looking to raise funds using digital tokens.