ESG / Sustainability

Malaysia SC Publishes Updated Corporate Governance Code

29/04/2021

The update focuses on selection and nomination processes for directors, including to address issues with board diversity and sustainability.

Enforcement

China Government Probes Ant Group IPO Approval Process

29/04/2021

Ant Group founder Jack Ma and his relationships with state firms and local officials are also being examined as part of the government’s investigation.

RBI Issues New Rules for Senior Bank Executives, Board Members

29/04/2021

Banks will have until 1 October 2021 to comply with new rules capping the tenure of top executives at 15 years.

Crypto / Digital Assets

CBIRC Warns of Crackdown on Illegal Fundraising Activities

29/04/2021

New regulations on the prevention and handling of illegal fundraising activities come into effect from 1 May.

Securities / Derivatives

MAS Forms Industry Group to Develop Asset Management Sector

28/04/2021

The Singapore Funds Industry Group will bring together key players to formulate strategies to develop the asset management ecosystem.

Market Infrastructure

QUICK Benchmarks Starts Publishing TORF Production Rates

28/04/2021

TORF production rates can be used in actual transactions, and are published each business day on the same day at 5pm.

ESG / Sustainability

IMAS Launches ESG E-Learning Module for Asset Managers

27/04/2021

The module covers the EnRM Guidelines issued by MAS in December, supplemented with case studies to facilitate application by the industry.

Market Infrastructure

Non-Residents Can Trade THOR Overnight Index Swaps: BOT

27/04/2021

Participation from non-resident investors will be a key driver to help advance the development of the THOR derivatives market.

Capital / Liquidity

Hong Kong Launches 100% Personal Loan Guarantee Scheme

27/04/2021

The scheme provides a supplementary financing option for individuals suffering income loss resulting from the Covid-19 pandemic.