Markets & Infrastructure

Trading & Investment

HKEX Chief Outlines Ongoing Market Development Initiatives

By Manesh Samtani | 12/11/2020

HKEX Chief Charles Li hinted at the possibility that Stock Connect could be extended to the primary market, and expanded to include derivatives.

Trading & Investment

Malaysia SC Proposes Changes Guidelines on Unit Trust Funds

By Shruti Khairnar | 12/11/2020

The SC is consulting on changes as part of ongoing efforts to strengthen market competitiveness and develop the Malaysian funds industry.

Structural Regulation

ASIC Amends Proposed Intervention Order for Continuing Credit Contracts

By Editors | 12/11/2020

The changes to the product intervention order proposed in July are to address unintended consequences identified in an earlier consultation.

Conduct, Culture & Accountability

APRA Updates Draft Prudential Standard on Remuneration

By Editors | 12/11/2020

The prudential standard is expected to come into effect for significant banks in January 2023 and for significant insurers and superannuation entities in July 2023.

Structural Regulation

NZX Confirms 10 December Go-Live Date for NZ RegCo Model

By Editors | 11/11/2020

The model will structurally separate NZX’s commercial and regulatory interests, similar to the approach adopted in Singapore, Japan and Brazil.

Structural Regulation

China Consults on Anti Monopoly Rules for E-commerce, Payments

By Editors | 11/11/2020

The new rules issued by China’s SAMR prohibit a range of monopolistic practices and are expected to impact internet giants Alibaba, JD.com, Tencent, and Meituan, among others.

Structural Regulation

China Launches First New Domestic Securities Firm in Ten Years

By Editors | 11/11/2020

The company was set up to take over the securities-related assets of CEFC Shanghai Securities, whose licenses were revoked last year.

Payments & Settlements

Australian Regulators Propose New Regulatory Regime for SVFs

By Editors | 10/11/2020

The proposed framework includes flexibility to ensure that regulation is able to adapt to innovations such as digital wallet facilities and global stablecoins.

Conduct, Culture & Accountability

New Zealand FSC Publishes Disclosure Guide for Financial Advice Regime

By Sanday Chongo Kabange | 10/11/2020

The ‘Disclosure Guide’ will help advisors comply with the changes to disclosure requirements under the new financial advice regime which comes into force on 15 March 2021.