Market Infrastructure

The foreign ownership limit will be cancelled next year for futures companies, fund managers and securities firms from 1 January, 1 April and 1 December, respectively.

Banks and insurance companies are required to carry out self-inspections to detect and correct practices that infringe on the rights of consumers by 30 November.

Singapore banking sector players are tasked with finding a balance between open innovation and regulatory compliance, says Finastra's Wissam Khoury.

Stress tests results and sensitivity analysis indicate that Thailand's largest banks can withstand a shock broadly "as severe as the Asian financial crisis".

The FSB has now published the final governance arrangements for both the UTI and UPI, while CPMI-IOSCO has published the same for the other critical data elements.

The revisions continue to prohibit proprietary trading, while providing greater clarity and certainty for activities allowed under the law.

Innovation hubs provide all the benefits associated with regulatory sandboxes, while avoiding most of the downsides, says a new paper from UNSW Law.

Asian firms need to look beyond regulatory compliance with respect to data to ensure the most effective use of their data resources.

Assets in the cross-border feeder ETFs have dropped in the three months since the scheme was launched, by more than two-thirds in the case of the Japan-invested assets.

The current CVA rules due for implementation in January 2022 could lead to an inappropriately sharp increase in capital requirements for derivatives businesses.