Markets & Infrastructure

Trading & Investment

ASX Suffers Near Full Day Outage Due to ‘Software Issue’

By Editors | 16/11/2020

ASIC said it was focused on ensuring that market integrity is not compromised and that it would monitor for any impacts resulting from Monday’s failure.

Conduct, Culture & Accountability

Australia Introduces New Package of Royal Commission Reforms

By Editors | 15/11/2020

The package includes reforms to strengthen consumer protections, including by making industry codes enforceable and enhancing FIs’ breach reporting requirements.

Payments & Settlements

Sri Lanka to Complete Phase 2 Digitalisation of CSE in December

By Duruthu E Chandrasekera | 15/11/2020

Phase 2 will enable digital payments and smart wallets for CDS account holders, among a host of other features that will be made available electronically.

Trading & Investment

Indonesia Launches Electronic Trading in Bond, Sukuk Markets

By Editors | 15/11/2020

The platform was designed by London software firm AxeTrading to accommodate Indonesia’s bond and sukuk markets, and boost liquidity and efficiency.

Structural Regulation

SEC Thailand to Cut Redundant Regulations, Red Tape by 2022

By Editors | 15/11/2020

The ‘regulatory guillotine’ project will reduce documentary requirements by almost 2 million sheets per year and processing time by about 102,000 hours per year.

Structural Regulation

CSRC Pledges to Improve Listed Company Governance, Supervision

By Sanday Chongo Kabange | 15/11/2020

A targeted campaign will be launched to improve supervisory oversight in the capital market and enhance corporate governance in listed companies.

PEPs & Sanctions

US Investors Barred from Buying Stocks Linked to Chinese Military

By Manesh Samtani | 15/11/2020

Index providers will likely be forced to remove companies like China Mobile and China Telecom from key benchmarks by 11 January.

Structural Regulation

ABS Releases Enhanced Listings Due Diligence Guidelines

By Editors | 13/11/2020

The new guidelines emphasise the need for issue managers and full sponsors to “exhibit a healthy dose of professional scepticism” when conducting listings due diligence.

Fraud, Scams & Cybercrime

Korea FSS Seeks to Suspend Former Brokerage CEOs Over Lime Mis-selling

By Editors | 13/11/2020

The FSS has decided to order the suspension of the former CEOs of Shinhan Investment, Daishin Securities and KB Securities over the mis-selling of Lime Asset Management funds.