Markets & Infrastructure

    Trading & Investment

    UK Regulators Support US ‘SOFR First’ Proposal on Interdealer Swaps

    By Editors | 17/06/2021

    The FCA and BOE encourage liquidity providers to change USD linear swap trading conventions from USD LIBOR to SOFR on 26 July 2021.

    Market Data & Technology

    ASX Completes Corporate Actions Upgrade Project

    By Sanday Chongo Kabange | 17/06/2021

    The project enables full straight-through processing for corporate actions, reducing risk for market participants and facilitating more informed decision-making.

    Trading & Investment

    Vietnam: HoSE Commences Trials on New Trading System

    By Ranamita Chakraborty | 17/06/2021

    HoSE has commenced connection trials with securities firms and intends to start functional trials from 26 July.

    Structural Regulation

    Korea Allows Securities Firms to Extend Credit to Overseas Affiliates

    By Sanday Chongo Kabange | 16/06/2021

    Large securities firms will be allowed to extend credit to overseas branches and subsidiaries in which they have at least a 50 percent stake.

    Conduct, Culture & Accountability

    ASIC Sues Austal Over Breach of Continuous Disclosure Obligations

    By Ranamita Chakraborty | 16/06/2021

    Major shipbuilder Austal breached its continuous disclosure obligations in 2016 by failing to disclose a material change in its prior earnings guidance, ASIC says.

    Structural Regulation

    BIS Innovation Hub Launches Nordic Centre in Stockholm

    By Manesh Samtani | 16/06/2021

    The Nordic Centre was opened in collaboration with the central banks of Denmark, Iceland, Norway and Sweden.

    Conduct, Culture & Accountability

    CBIRC Reprimands Fintech Firm for Consumer Rights Violations

    By Sanday Chongo Kabange | 16/06/2021

    The CBIRC said Mashang Consumer Finance violated product pricing rules, consumer rights, and fair trade regulations.

    Reporting & Disclosures

    Japan: Revised Corporate Governance Code Takes Effect

    By Manesh Samtani | 16/06/2021

    The new code seeks to enhance board independence, promote board diversity, and increase attention on sustainability and ESG issues.

    Conduct, Culture & Accountability

    ASIC Issues Guidance on Ongoing Fee Arrangements

    By Sanday Chongo Kabange | 16/06/2021

    A new information sheet provides guidance on ongoing fee arrangements, fee disclosure statements, and ongoing fee consents.

    Conduct, Culture & Accountability

    China Issues Draft Law Aimed at Improving Audit Practices

    By Manesh Samtani | 16/06/2021

    The law prohibits the entities being audited from refusing to provide information, delaying such provision, and submitting false information.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.