Markets & Infrastructure

Trading & Investment

New Investor Protection Regulations Take Effect in Korea

By Ranamita Chakraborty | 13/05/2021

South Korean financial institutions are required to record the sales process and implement a cooling-off period for complex investment products.

Structural Regulation

Working Group Publishes Recommendations on EURIBOR Fallbacks

By Editors | 13/05/2021

Although EURIBOR is not scheduled to be discontinued, the recommendations will provide legal certainty and help users comply with BMR fallback obligations.

Structural Regulation

Australia to Allow SMEs to ‘Pause’ Recovery of Tax Debt in Dispute

By Editors | 13/05/2021

Applying to the Administrative Appeals Tribunal to pause the ATO’s debt recovery actions will save small businesses on court and legal fees.

Structural Regulation

SEBI Panel Offers Recommendations on Social Stock Exchange Listings

By Ranamita Chakraborty | 12/05/2021

A technical group was set up last September to develop a framework for on-boarding non-profit organisations and for-profit social enterprises on social stock exchanges.

Clearing & Post-Trade

ASX Finalises Enhancements to Client Money Framework

By Ranamita Chakraborty | 12/05/2021

Subject to the regulatory clearance, the enhanced client money framework will come into effect on 2 August 2021, with a 12-month transition period.

Trading & Investment

China to Launch RBD Palm Olein Options, Open to Foreign Investors

By Editors | 12/05/2021

The DCE is consulting on a new RBD Palm Olein options contract that will be open to foreign investors, as well as an adjustment to its iron ore futures contract.

Trading & Investment

Shanghai, Korea Agree to Establish ETF Cross-Listing Mechanism

By Editors | 12/05/2021

Under an MoU, the SSE and KRX will work towards ETF cross-listings, joint development of indices, and stronger cooperation in the bond market.

Structural Regulation

Australia’s Financial Sector Welcomes 2021‑22 Budget Initiatives

By Manesh Samtani | 12/05/2021

The measures include an FMI reform package, relief for foreign financial service firms, changes to the superannuation system, and a new commencement date for the CCIV regime.

Market Data & Technology

DSB Launches Second Consultation on UPI Fee Model

By Manesh Samtani | 12/05/2021

The consultation covers UPI data access mechanisms, file download timing, user fees, a proposed contingency fund, cost allocation, invoicing, and capex amortisation.