Securities / Derivatives

Taiwan FSC Considers Changes to Capital Market Rules

28/09/2020

The FSC is examining whether to encourage the development of Internet-only securities companies to cater to investors who are increasingly placing orders online.

ESG / Sustainability

Taiwan FSC Outlines Plans for Capital Market Development

26/09/2020

A 3-year roadmap to be unveiled by year-end includes plans to set up central clearing for OTC derivatives, and improve convenience and efficiency for foreign investors.

Securities / Derivatives

Philippine Bourse Proposes to Ease Listing Rules

26/09/2020

The minimum cap requirement for the Main Board is being removed in favour of a net income requirement. The criteria for the SME Board are also being relaxed.

Fintech / Regtech

Korea, Thailand Sign MoU on Financial Services Regulation

25/09/2020

The agreement will help enhance supervisory efficiency and promote innovation through experience sharing, technical assistance and exchange of information.

Securities / Derivatives

US Launches Three New Exchanges, Including MEMX

24/09/2020

Long-Term Stock Exchange (LTSE) launched on 17 September; Members Exchange (MEMX) on 21 September; MIAX Pearl will launch on 25 September.

Fintech / Regtech

PBOC, JD.com Partner to Support Digital Currency Fintechs

24/09/2020

The two entities will identify, explore and build fintechs that supports the DCEP on JD.com’s existing e-commerce platforms and services.

BSP Orders Mandatory 60-Day Moratorium on All Loans

23/09/2020

Lenders are asked to implement a mandatory one-time 60-day grace period for all loans falling due on or before 31 December 2020.

Enforcement

Korea FSS Finds Banks Failing to Inform Borrowers of Rights

23/09/2020

Since June 2019, banks have been required to inform customers of their right to request lower interest rates when their credit profiles improve or their assets increase.

Securities / Derivatives

SEBI Modifies NAV Rules for Mutual Fund Schemes

22/09/2020

The move is expected to create a more level playing field for all mutual fund investors and promote greater use of digital payment channels.