Markets & Infrastructure

    Structural Regulation

    SEBI Eases Fundraising Rules for Stressed Listed Companies

    By Editors | 27/06/2020

    SEBI has relaxed pricing rules for preferential issues to make it easier for listed companies to raise new funds. Similar relaxations for stressed companies were also announced.

    Trading & Investment

    Cambodia Takes Steps to Develop Commodity Futures Market

    By Editors | 27/06/2020

    A feasibility study on commodity futures trading is being conducted by the securities regulator and Chinese conglomerate Ruifeng Tianfu Investment.

    Clearing & Post-Trade

    CPMI-IOSCO Describes Work Needed to Improve CCP Auctions

    By Editors | 27/06/2020

    CPMI and IOSCO have asked CCPs to address a number of issues related to default management auctions within 24 months.

    Structural Regulation

    RBI Issues Guidelines on Use of Digital Lending Platforms

    By Editors | 26/06/2020

    Digital lending platforms often do not disclose the name of the bank or NBFC providing the loaned funds. Under the new rules they will have to.

    Structural Regulation

    Ping An OneConnect Bank to Pilot Virtual Banking Services

    By Editors | 26/06/2020

    Ping An OneConnect Bank is inviting 200 SMEs and 2,000 retail customers to pilot test its virtual banking services in the HKMA’s sandbox.

    AI Risk & Governance

    IOSCO Drafts Guidance on Supervising AI/ML in Financial Markets

    By Editors | 25/06/2020

    IOSCO proposes six measures to assist members in creating appropriate regulatory frameworks to supervise market intermediaries and asset managers that use AI and ML.

    Fraud, Scams & Cybercrime

    S. Korean Prosecutors Raid Fund Operator on Fraud Allegations

    By Editors | 25/06/2020

    Accused of fabricating depository statements, Optimus Asset Management has suspended withdrawals from six feeder funds since last week, locking up 90bn won in investor money.

    Trading & Investment

    FMSB Issues Statement of Good Practice on Algo Trading

    By Editors | 25/06/2020

    The FICC Markets Standards Board sets out 10 Good Practice Statements for market participants and venue operators engaged in algorithmic trading in a new transparency draft.

    Clearing & Post-Trade

    HKMA, SFC Publish Final List of FSPs Under Clearing Obligation

    By Editors | 25/06/2020

    The HKMA and SFC will remove one entity that no longer conducts OTC derivatives business as its institutional services are now being provided by BofA Securities Inc, a new FSP.

    Emerging Prudential Risks

    HSBC’s Historical and Regulatory Dilemma Exposed

    By Peter Guy | 25/06/2020

    Financial markets are still reeling from the regulatory implications of HSBC’s support for China’s national security law in Hong Kong, says Peter Guy.

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