Markets & Infrastructure

Trading & Investment

Thailand SEC to Allow Repo, Reverse Repo Trades by Retail Investors

By Editors | 25/08/2020

Allowing repo and reverse repo trades in listed securities and unit trusts with all investor types will provide them additional liquidity management tools, the SEC said.

Structural Regulation

ASIC Issues Guidance on Use of Enhanced Regulatory Sandbox

By Manesh Samtani | 25/08/2020

The enhanced regulatory sandbox will commence on 1 September, following legislative amendments passed in February and subsequent regulations made in May.

Structural Regulation

ISDA Calls for Global Alignment in UPI, UTI Implementation

By Manesh Samtani | 25/08/2020

ISDA is urging the FSB to “intensify monitoring and coordination of jurisdictional alignment” to the global UTI, UPI and CDE recommendations.

Structural Regulation

APRA Consults on Changes to EFS Reporting Standards

By Sanday Chongo Kabange | 25/08/2020

The consultation is open for comment until 25 September. The changes are proposed to be effective for the reporting period ending June 2021.

Conduct, Culture & Accountability

ASIC: Financial Advice-related Compensation Tops A$1bn

By Editors | 24/08/2020

NAB accounts for about two-thirds of the total number of customers that received or were offered compensation as a result of fees-for-no-service misconduct or non-compliant advice.

Trading & Investment

SZSE’s ChiNext Debuts First 18 Listings Under New IPO System

By Manesh Samtani | 24/08/2020

18 companies rose by 212 percent on average on their first day of trading, with one company rising more than 2,900 percent during the day.

Structural Regulation

CBIRC Green-lights BlackRock-Temasek-CCB Joint Venture

By Editors | 24/08/2020

The wealth management joint venture is said to have received approval to commence establishment, with control resting with the two foreign institutions.

Capital Adequacy

Australia Transitions to New Regulatory Regime for Litigation Funders

By Sanday Chongo Kabange | 24/08/2020

Litigation funders will have three months of transition relief before they have to mandatorily hold an AFS licence and comply with rules for managed investment schemes.

Cloud & Infrastructure

Malaysia, Indonesia Regulators Sign Fintech Cooperation Pact

By Sanday Chongo Kabange | 24/08/2020

The agreement aims to facilitate information sharing, provide joint innovation opportunities, and facilitate cross-border referrals of fintech businesses.