Market Infrastructure

S&P-IHS Deal Wins Regulatory Approval in the US

15/11/2021

To win approval for the $44bn combination, the companies agreed to sell three of IHS Markit’s price reporting agency businesses.

Securities / Derivatives

RBI Opens Direct Access to G-Secs Market for Retail Investors

14/11/2021

As of 2.30pm on Saturday, the new RBI Retail Direct Scheme had received over 12,000 registrations from retail investors, which was described as an “encouraging response”.

Securities / Derivatives

CSRC Bars Brokers from Using ‘Influencers’ to Push Stocks

14/11/2021

Securities firms are prohibited from working with social media influencers who are not licensed. Providing investment recommendations via livestreaming is banned.

Fintech / Regtech

Japanese Investors to Gain Access to Digital Securities via ADDX

14/11/2021

Through securities broker Tokai Tokyo, ADDX (formerly iSTOX) will offer Japanese investors access to tradeable security tokens backed by real estate and other assets.

Market Infrastructure

RBI Lifts Diners Club Restrictions Citing ‘Satisfactory Compliance’

14/11/2021

Restrictions prohibiting Diners Club from onboarding new domestic customers have been lifted. Similar restrictions are still in place for Amex and Mastercard.

Securities / Derivatives

RBI Permits FPIs to Buy Debt Issued by REITs, InvITs

13/11/2021

The move will help REITs and InvITs to raise debt at competitive rates, boost institutional investor participation, and improve unit holders’ risk-adjusted returns.

Fintech / Regtech

Indonesia Religious Council Declares Crypto Assets Forbidden

12/11/2021

Crypto assets as a currency are considered haram, or banned, for Muslims, according to Indonesia’s National Ulema Council.

Capital / Liquidity

APRA Sets Out Macroprudential Policy Framework

12/11/2021

APRA has defined certain credit measures it can take to address systemic risks if needed, such as temporary lending limits and minimum lending standards.

Capital / Liquidity

BCBS Finalises Revisions to Market Risk Disclosure Requirements

12/11/2021

The BCBS has also finalised standards for banks to use when disclosing their sovereign exposures and risk-weighted assets.