Sponsored Content

New Rules for Private Equity Funds Take Effect in China

14/01/2021

The rules prohibit the use of private equity funds as vehicles for public fundraising, explicitly allowing them to only be offered to qualified investors.

Enforcement

NAFMII Identifies Regulatory Breaches at Haitong Securities

14/01/2021

The breaches have been reported to the PBOC and CSRC, which are likely to issue penalties to Haitong Securities and its subsidiaries.

Securities / Derivatives

BSEC to Form Market Stabilisation Fund with Unclaimed Dividends

14/01/2021

Listed companies in Bangladesh have unclaimed cash and stock dividends worth about $2.5bn, which will be used to support the capital market.

Big Picture

DTCC Outlines Key Risk Management Priorities for FMIs

14/01/2021

In a new white paper, DTCC highlights the need for financial market infrastructures to focus on risks created or exacerbated by the impact of the pandemic.

Market Infrastructure

PBOC to Enhance Data Protection Rules in Credit Reporting Industry

14/01/2021

The PBOC is looking to address inadequate protection of customer data in the credit reporting industry, explicitly prohibiting the abuse of personal and corporate credit information.

Market Infrastructure

LIBOR Transition Must be Complete by Year-End, UK Regulators Warn

14/01/2021

From end-March 2021, GBP LIBOR should no longer be used in any new loans, bonds, securitisations and linear derivatives that mature after end-2021.

Securities / Derivatives

Taiwan Central Bank Probes for Suspected Currency Speculation

14/01/2021

The Taiwan dollar is up 1.4% against the US dollar this year, raising concerns from the government that Taiwan could be labelled a manipulator by the US.

Fintech / Regtech

RBI to Explore New Regulatory Approach to Digital Lenders

14/01/2021

A new working group has been formed to study the risks of digital lending activities and recommend regulatory changes to enhance consumer protection and data security.

Securities / Derivatives

UPDATED – Tokyo Bourse Sets Launch Date for CONNEQTOR Platform

14/01/2021

The platform has been in development as part of efforts to improve the liquidity of ETFs and improve convenience for institutional investors.