Market Infrastructure

India to Implement Early Warning System for Broker Defaults

26/03/2018

SEBI consulting on draft measures on norms on early detection of potential default among stock brokers through an Intelligent and Specific Early Warning System.

Capital / Liquidity

India Releases Risk Management Norms for Clearing Commodity Derivatives

22/03/2018

Clearing corporations to maintain liquid assets after margins of INR5 million.

Fintech / Regtech

Malaysia Set to License its First Robo-advisory

22/03/2018

Securities Commission 2017 annual report reveals eligibility and application requirements for digital investment management; first robot-advisory license to be granted in 2018.

Market Infrastructure

S.Korea Proposes Asset Manager Remuneration Disclosures

22/03/2018

FSC to amend financial services legislation to enhance investor protection by requiring funds to release manager compensation; new rules for easing fund compliance and encouraging crowdfunding also proposed.

Market Infrastructure

UPDATED – India Securities Regulator Mulls Changes to Algorithmic Trading Framework

18/03/2018

SEBI is considering imposing a congestion charge for high volume trading to address concerns on unfair market access to India’s exchange trading systems.

Market Infrastructure

Malaysia Establishes Working Group to Digitise Brokerage Industry

18/03/2018

The BRIDGe working group will work to enhance operational efficiencies and service standards, promote innovation and reduce brokerage costs.

Capital / Liquidity

Bangladesh to Raise Capital Requirements on Stock Brokers, Merchant Banks

15/03/2018

New capital requirements will be imposed on stock brokers, merchant banks, asset managers and institutional portfolio managers.

Market Infrastructure

Myanmar Central Bank Pushes for New Moveable Assets Law

15/03/2018

A moveable asset finance law would enable banks to accept collateral other than real estate such as stock, equipment and receivables.

AML / KYC

SEBI Issues Clarifications on New Foreign Investor Norms

15/03/2018

Foreign Portfolio Investors should not be Indian residents, non-resident Indians or overseas citizens of India; must be from AML/CTF compliant jurisdictions.