Market Abuse

ASIC Consults on Changes to Market Integrity Rules

02/07/2021

Among the changes, the consultation proposes to require market participants to notify ASIC if it suspects a person of engaging in insider trading or manipulative trading.

Capital Adequacy

Taiwan FSC to Ease Capital Requirements for D-SIBs

02/07/2021

The move is aimed at boosting the lending capacity of the six D-SIBs, enabling them to expand loans to businesses by TWD 400 billion this year.

Structural Regulation

Hong Kong: Deutsche Bank IPO Sponsor Licence to Lapse

02/07/2021

Deutsche was meant to replace two departing senior employees and obtain SFC approval for their replacements but a “timing mismatch” occurred.

Structural Regulation

SC Malaysia Expands Sophisticated Investor Definition

02/07/2021

More investors will be allowed to expand their investment options and issuers will be able to tap into a larger pool of sophisticated investors.

Reporting & Disclosures

IOSCO Proposes Sustainability-related Rules for Fund Managers

01/07/2021

Recommendations for securities regulators cover asset manager practices, product disclosure, supervision and enforcement, terminology, and investor education.

Structural Regulation

130 Nations Endorse Global Minimum Corporate Tax Rate

01/07/2021

The global minimum corporate income tax is estimated to generate around $150bn in additional global tax revenues annually.

Reporting & Disclosures

Consortium Proposes to Create Impact Reporting Rules for Banks

01/07/2021

Harvard Business School, Impact Institute, ABN AMRO, Danske Bank, DBS and UBS aim to create new social and environmental impact reporting rules for banks.

Custody & Infrastructure

New Registry for Digital Token Identifiers Goes Live

01/07/2021

The launch of the new registry comes ahead of the scheduled publishing of the ISO standard in Q3 2021, to meet urgent industry and regulatory needs.

Capital Adequacy

BCBS Finalises Technical Amendments on SFT Haircuts

01/07/2021

The amendments were published for consultation in January 2021 and have been finalised as originally proposed.