Markets & Infrastructure

Supervision & Enforcement

Indian Court Halts Franklin Templeton Fund Liquidation

By Editors | 10/06/2020

Franklin Templeton had planned to allow unitholders to vote on whether to allow six shuttered funds to be liquidated, but the Court says it must first release a forensic audit report on the funds in question.

Structural Regulation

SFC to Narrow Scope of OTC Derivatives Licensing Regime

By Manesh Samtani | 10/06/2020

The OTC derivatives licensing regime will not capture corporate treasury activities of non-financial groups, portfolio compression services, and certain portfolio management activities.

Structural Regulation

Regulatory Change a Challenge for Hong Kong Fund Managers

By Editors | 10/06/2020

Overregulation is an issue for some fund managers in Hong Kong, but the industry is also calling for greater regulatory clarity around GBA initiatives and ESG standards, according to a KPMG-HKIFA survey report.

Structural Regulation

China to Develop Hainan Province into Global Free Trade Port

By Editors | 09/06/2020

The first phase of the plan will focus on liberalising trade and cross-border investment, starting with the launch of QDLP and QFLP pilot programmes.

Structural Regulation

SFC Proposes to Grant Greater Investment Flexibility to REITs

By Editors | 09/06/2020

REITs will be given more flexibility to invest in minority-owned properties and property development projects, and borrowing limits will be increased.

Trading & Investment

Taiwan FSC Lifts Ban on Short-selling Ten Days Early

By Editors | 09/06/2020

South Korea, Malaysia and Indonesia are the remaining Asian nations that still have short-selling bans in place. Malaysia’s is due to be lifted at the end of June.

Market Data & Technology

FSC Korea Opens Access to Public Financial Institution Data

By Editors | 09/06/2020

The public release of the data is expected to contribute to the advancement of the data economy and fintech industry, while also creating more jobs in data-driven innovative services.

Structural Regulation

BOT Launches Regulatory Sandbox for P2P Lending Platforms

By Editors | 09/06/2020

The BOT will seek to use sandbox testing to ensure P2P lending platform providers adopted appropriate risk management and user protection practices.

Clearing & Post-Trade

Taiwanese, Russian CSDs to Cooperate on Capital Markets

By Editors | 09/06/2020

The TDCC and NSD have agreed to support constructive dialogue and cooperation in areas such as electronic voting, fintech and information services, among other areas.