Structural Regulation

South Korea Divests Key Stake in Woori Financial Group

24/11/2021

State-operated KDIC will no longer be the largest shareholder of Woori Financial Group, 23 years after the group was created in a government bailout.

Emerging Prudential Risks

RBNZ Consults on Potential Mortgage Lending Restrictions

23/11/2021

Banks need to prepare their systems for the future introduction of DSRs, and should be operationally ready to implement a regulated DTI limit by end-2022.

Market Data & Technology

FSC Expands Access to Public Financial Data via Open APIs

23/11/2021

The newly added data types include information about stocks, bonds, funds, insurance products and microloan products.

Data Privacy

RBI Panel Suggests Increasing Regulation for Digital Lenders

22/11/2021

The panel suggests the establishment of a self-regulatory organisation which would be charged with formulating a code of conduct for digital lenders.

Sustainable Finance

Hong Kong Issues First Euro Denominated Green Bonds

22/11/2021

A 20-year tranche issued under the Green Bond Programme is the longest tenor euro-denominated bond issued by an Asian government to date.

Structural Regulation

BSP to Stop Accepting Applications for E-Money Issuer Licences

22/11/2021

EMI licence applications received from non-bank institutions will be processed until 15 December on a first-come, first-served basis.

Trading & Investment

SEBI Proposes Market Maker Framework for Corporate Bonds

21/11/2021

To act as market makers, stockbrokers and merchant banks would need INR 100 million in additional net worth over-and-above their existing obligations.

Structural Regulation

SEBI Proposes to Tighten Rules on Use of IPO Proceeds

19/11/2021

SEBI is considering increasing the lock-in period for anchor investors and limiting share sales by significant shareholders for six months.

Conduct, Culture & Accountability

RBI Mandates Designation of Internal Ombudsman at NBFCs

19/11/2021

NBFCs with 10 or more branches and with asset size of INR 50 billion have six months to appoint an internal ombudsman in charge of grievance redressal.