Securities / Derivatives

MAS Proposes Amendments to the Business Trusts Act

25/11/2021

Business trusts will have to obtain and maintain information on beneficial ownership and disclose their CEOs’ interests in transactions.

BSP Issues Revised Corporate Governance Rules for FIs

25/11/2021

Non-Filipino citizens can become members of a bank’s board of directors, to the extent of foreign ownership in the institution.

Securities / Derivatives

SEBI Defers Implementation of New Margin Requirements

24/11/2021

New rules that require investors to have 50 percent of their margins in cash to trade in futures and options have been deferred to 28 February.

ESG / Sustainability

Malaysia SC Unveils Initiatives to Boost Corporate Governance

24/11/2021

The SC’s corporate governance strategic priorities for the next three years emphasise ESG fitness, diversity and agility of boards.

China Banks Directed to Ramp Up Lending for Property Projects

24/11/2021

Financial regulators have reportedly instructed banks to issue more loans to property firms for project development, and accelerate loan approvals.

Fintech / Regtech

India: GIFT City Regulator Wins Approval to Set Up Suptech Fund

24/11/2021

The IFSCA also received approval for a new headquarters building. GIFT City’s new gold bullion exchange is expected to launch in January.

Securities / Derivatives

CSRC to Expand Sponsor Obligations on Due Diligence

24/11/2021

New draft guidelines seek to ensure better quality information disclosures for listed companies by expanding the scope of sponsors’ responsibilities.

AFCA Launches Benchmarking Tool for Complaints Resolution

23/11/2021

The platform enables FIs to track complaints resolution and compare their performance against an anonymised set of similar financial firms.

Securities / Derivatives

IOSCO Issues Final Report on Regulating ESG Ratings & Data

23/11/2021

Regulators should promote more transparency regarding the methodologies that ESG ratings and data product providers use, IOSCO says.