Market Infrastructure

Market Infrastructure

China to Scrap QFII, RQFII Quota Restrictions

By Editors | 10/09/2019

SAFE has announced it is removing its QFII and RQFII quota restrictions, as well as the country and region requirements for both schemes.

Market Infrastructure

Japan Regulators Seek Data on Financial Firms’ Risky Investments

By Editors | 10/09/2019

The BOJ and FSA are collecting data on financial firms’ holdings of collateralised loan obligations and leveraged loans to understand the risks they present.

Fintech / Regtech

Half of IT Budgets to Go to Cloud Services in 2020: Refinitiv

By Editors | 10/09/2019

Financial firms say public cloud projects are delivering better-than-expected cost reductions and enabling innovation, but data privacy and regulatory concerns are slowing adoption.

Fintech / Regtech

Singapore Streamlines Payment Firms’ Access to Legal Services

By Editors | 09/09/2019

The initiative will help connect the payments industry with specialist law firms through a streamlined process to help them comply with the new Payment Services Act.

Market Infrastructure

China P2P Lenders Ordered to Share Data with Credit Bureaus

By Editors | 06/09/2019

The move is part of a broader crackdown on irregular practices and risks in the P2P sector, and will provide greater protection to investors in online lending platforms.

Securities / Derivatives

RBI Task Force Urges Development of Secondary Market for Loans

By Editors | 05/09/2019

The task force recommends easing rules for loan asset securitisation, and to allow secondary market participation from funds and insurers.

Market Infrastructure

Thailand to Digitise Capital Market Processes with DLT

By Editors | 05/09/2019

The project aims to reduce the documentary procedures required in processes related to share issuances and offerings, securities registration, settlement and delivery, and KYC.

Market Infrastructure

Japan FSA to Revise Standards For Auditors of Listed Companies

By Editors | 05/09/2019

The revised standards will require auditors to disclose the reasons for issuing a qualified opinion in financial statements starting from March 2020.

Market Infrastructure

Compliance Training Failing to Deliver Meaningful Outcomes

By Editors | 04/09/2019

Efforts to shape employee behaviour through compliance training have failed to deliver meaningful outcomes, says a new report from Quinlan & Associates.