Securities / Derivatives

FTSE Russell to Add STAR Market Stocks to Global Benchmark

23/02/2021

The changes, effective from 22 March, are expected to result in $100mn of passive inflows to STAR Market stocks.

Capital / Liquidity

CBIRC Imposes Further Restrictions on Online Lending by Banks

23/02/2021

New rules require banks to contribute no more than 70 percent of the capital when providing loans through an online lending platform.

Enforcement

SFC Fines Asset Manager for Short Position Reporting Errors

23/02/2021

The SFC found that 7,814 short positions held by collective investment schemes managed by Brilliance Asset Management were either misstated or omitted.

Enforcement

HKEX Probes for Rule Violations by Retail IPO Investors

22/02/2021

Brokers involved in the New Horizon Health IPO have been asked to provide information on the retail investors who were allotted stocks.

Fintech / Regtech

BSP to Draft Data Governance Policy for Financial Institutions

22/02/2021

The new regulatory framework will guide banks and other financial institutions on how they use and handle electronic information that they collect from customers.

Securities / Derivatives

Malaysia Extends Restrictions on Intraday Short Selling

22/02/2021

The six-month extension will enable Bursa Malaysia to enhance its control measures for intraday short selling activities in order to promote market stability.

AML / KYC

New Report Identifies 11 Indicators of Modern Slavery Risk

22/02/2021

Based on an analysis of globally prosecuted cases of modern slavery, FairSupply Analytics has identified 11 indicators to help FIs detect modern slavery.

Fintech / Regtech

RBI Enhances Security Requirements for Digital Payment Apps

21/02/2021

The RBI has set out new prescriptive guidelines on the security protocols that need to be adopted in digital payment applications.

AML / KYC

BIS, SWIFT Invite Firms to Participate in ISO 20022 Hackathon

21/02/2021

Participants will be asked to develop and showcase solutions that improve cross-border payments, using the ISO 20022 standard and APIs.