Shruti Khairnar has a Master’s degree in Magazine Journalism from City, University of London, and specialises in business and finance journalism. She previously worked in print journalism for the Hindustan Times. Shruti currently contributes to both Regulation Asia and sister publication ESG Investor.
Market Infrastructure
Australia Gets New 10-Year Roadmap on Sustainable Finance
03/12/2020
The roadmap makes 37 recommendations, including a 2023 deadline for financial institutions and major listed companies to report according to the TCFD framework.
Big Picture
HKIMR Offers Suggestions to Develop Hong Kong Green Bond Market
27/11/2020
To encourage more active participation in the market, efforts can be made to implement tax incentives and subsidies to address the high costs of certification.
Fintech / Regtech
ASIC Seeks Greater Powers to Collect Data from Managed Funds
21/11/2020
ASIC’s Karen Chester says insolvencies and macro forces could present greater liquidity challenges to fund managers and affect investors’ ability to withdraw from funds.
Market Infrastructure
ASEAN Central Banks Endorse Collective Approach to Climate Risk
18/11/2020
A new report offers a set of non-binding recommendations to promote a unified ASEAN approach towards managing climate and environment-related risks.
Capital / Liquidity
CBIRC Loosens Provisioning Rules for Consumer Finance Companies
18/11/2020
Under a new notice, consumer finance companies and vehicle finance companies can apply to the CBIRC to reduce their required provisions coverage ratio.
Securities / Derivatives
SC Malaysia Launches New Framework for Islamic Funds
13/11/2020
The framework looks to boost Islamic finance with a wide offering of products that are linked to socially impactful activities through waqf features.
Securities / Derivatives
Malaysia SC Proposes Changes Guidelines on Unit Trust Funds
12/11/2020
The SC is consulting on changes as part of ongoing efforts to strengthen market competitiveness and develop the Malaysian funds industry.
ESG / Sustainability
New Zealand Unveils Roadmap for Sustainable Financial System
10/11/2020
Among the 11 key recommendations to help facilitate change, New Zealand’s roadmap involves the introduction of a new stewardship code for financial institutions.
Securities / Derivatives
New Zealand FMA Appoints KPMG as Temporary Manager
07/11/2020
This is the first time the FMA has used its power to appoint a temporary manager, after the previous manager was removed over governance issues.
Enforcement
Korean Prosecutors Raid Brokerage Firms Over Lime Asset Mis-selling
02/11/2020
Investigators from Seoul’s prosecution office raided the headquarters of Shinhan Investment Corp, Korea Investment & Securities, and KB Securities last week.
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