ADVERTISEMENT
Fintech / Regtech
ASIC Seeks Greater Powers to Collect Data from Managed Funds
By Shruti Khairnar | 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.
Securities / Derivatives
NAFMII Issues New Rules for Interbank Bond Market
By Editors | 20/11/2020
The rules prohibit issuers from directly subscribing to their own bonds in the interbank market or buying them indirectly through affiliates or asset management products.
Securities / Derivatives
FSC Korea to Enable Greater Retail Participation in IPOs
By Editors | 20/11/2020
From next month, the retail allocation of IPOs shares will increase from 20% to 30%, and a fairer approach to allocations will be adopted.
Capital / Liquidity
Sri Lanka Budget Offers Boost to Capital Markets, Banking Sector
By Duruthu E Chandrasekera | 19/11/2020
The government has proposed tax incentives for newly-listed companies and investment in REITs, in addition to proposals to strengthen the banking sector.
ESG / Sustainability
Thailand Proposes Compulsory ESG Training for Capital Market Personnel
By Sanday Chongo Kabange | 19/11/2020
Investment consultants and fund managers, among others, would be required to undergo a mandatory training module covering ESG at licence renewal.
Enforcement
China Bond Default Shock Prompts NAFMII Underwriter Probe
By Manesh Samtani | 19/11/2020
Haitong Securities, Industrial Bank, China Everbright Bank, Zhongyuan Bank are suspected of violations, as recent defaults prompt concerns over the health of SOEs.
Enforcement
Taishin Bank Employee Arrested in Taiwan for Embezzlement
By Sanday Chongo Kabange | 19/11/2020
The employee allegedly misappropriated over $10.5mn. The FSC described the case as “the biggest embezzlement case in Taiwan’s banking history”.
ESG / Sustainability
KRX Launches Index Tracking Carbon Efficiency of Listed Companies
By Editors | 19/11/2020
The index assigns weightings based on carbon-to-revenue footprints calculated using information in sustainability reports, annual reports, ESG reports, and other publicly disclosed sources.
Securities / Derivatives
AllianceBernstein Seeks CSRC Approval for China Mutual Fund Unit
By Editors | 19/11/2020
US fund manager AllianceBernstein’s Hong Kong unit has applied to set up a mutual fund unit in China.
Securities / Derivatives
US SEC to Propose Rules for Chinese Delistings Next Month
By Manesh Samtani | 18/11/2020
SEC officials have been working on the rules since August, when a presidential working group proposed enhanced listing standards to ensure access to Chinese audit work papers.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team