Markets & Infrastructure

Structural Regulation

China Issues Guidelines on Greater Bay Opening Up

By Editors | 15/05/2020

The PBOC will pilot cross-border PE and VC investments and explore the establishment of a futures exchange in Guangzhou and an international commercial bank to serve Greater Bay Area.

Structural Regulation

China Admits Fitch Subsidiary into Onshore Credit Rating Market

By Editors | 15/05/2020

China had committed to removing restrictions on US credit rating agencies entering its markets under the trade agreement with the US in January.

Trading & Investment

ASIC Withdraws Trading Limits Imposed on Equity Market Participants

By Editors | 14/05/2020

Trading restrictions imposed in March due to an abnormally large increase in trades executed have been revoked following processing enhancements by market operators.

Structural Regulation

New Zealand to Nearly Double FMA Funding Over Three Years

By Editors | 14/05/2020

The FMA’s funding is being increased over three years to minimise the burden on the financial sector entities who pay levies, where most of the new funding will come from.

Trading & Investment

Sri Lankan Bourse Reopens to Trading Halts After 7-week Haitus

By Editors | 14/05/2020

The Colombo Stock Exchange opened for trading for the first time in seven weeks on Monday, triggering trading halts on its new circuit breaker mechanism.

Trading & Investment

SGX Probes Societe Generale Over Timeliness of Disclosure

By Editors | 14/05/2020

As a goodwill gesture, SocGen will extend a one-off payment to investors who suffered losses trying to short-sell Singapore Airlines with daily leverage certificates.

Trading & Investment

QFII, RQFII Quota Removal Unlikely to Trigger Big Inflows

By AsianInvestor | 14/05/2020

China has scrapped the quota of its two leading inbound investment programmes, but the move appears unlikely to give its onshore capital markets a shot in the arm.

PEPs & Sanctions

Trump Orders Federal Pension Fund to Halt Plans to Invest in China

By Editors | 13/05/2020

The Federal Retirement Thrift Investment Board had planned to benchmark its international exposures to an MSCI index that would channel up to $4.5bn into Chinese equities.

Conduct, Culture & Accountability

All Firms Are Taking Steps to Align Compensation With Risk: FSB

By Manesh Samtani | 12/05/2020

Banks, insurers and asset managers are increasingly making use of non-financial metrics and better data to assess compensation policy effectiveness and align compensation with risk.