Markets & Infrastructure

    Credit Risk

    S. Korea Tightens P2P Lending Limits to Guard Against Defaults

    By Editors | 01/04/2020

    P2P lending caps are being lowered to protect investors against potential defaults and delinquencies caused by the Covid-19 crisis.

    KYC & CDD

    BSP Relaxes KYC Norms During Covid-19 Lockdown

    By Editors | 01/04/2020

    The move will facilitate the delivery of welfare funds to beneficiaries who have no available valid IDs or transactional account with any financial institution.

    Trading & Investment

    HKFE Offers Cash to Market Makers in Mini Metals Futures

    By Editors | 01/04/2020

    A HKD 30,000 cash stipend is offered per contract per month per trading session upon fulfillment of quoting obligations in aluminium, zinc, copper and nickel mini futures contracts.

    Market Data & Technology

    Bursa Malaysia Implements ISO 20022 for Corporate Announcements

    By Editors | 01/04/2020

    The messaging standard will transform the corporate announcements flow in Malaysia, favour interoperability with other marketplaces, and foster innovation.

    Structural Regulation

    UPDATED – ASIC, ASX Offer Relief from Capital Raising Rules

    By Editors | 01/04/2020

    The relief applies to listed entities looking to offer placements, rights issues and share purchase plans as a way to urgently raise capital to mitigate the effects of Covid-19.

    Market Abuse

    SFC Bans Former China Rise CEO for Naked Short Selling

    By Editors | 01/04/2020

    The ex-CEO was banned for 28 months for placing – and concealing – uncovered short selling orders through his personal account and a client’s discretionary account in 2014.

    Structural Regulation

    MAS, ACRA, SGX RegCo Update Guidance on Meeting Conduct

    By Editors | 01/04/2020

    Guidance is provided on holding general meetings in light of the current 10-person limit on attendance of any event in Singapore.

    Structural Regulation

    NZX Subsidiary to Assume Frontline Regulatory Functions

    By Editors | 01/04/2020

    The new subsidiary will be structurally separate from NZX’s commercial and operational activities and governed by a largely independent board.

    Structural Regulation

    SFC Extends Deadlines on Three Regulatory Initiatives

    By Editors | 31/03/2020

    The deferred initiatives relate to new requirements on external data storage, client asset protection, and brokers’ systems for maintaining order life cycle data.

    Structural Regulation

    Xiaomi-backed Virtual Bank Launches Hong Kong Pilot

    By Editors | 31/03/2020

    The pilot will allow 2,000 friends and relatives of Airstar, Xiaomi and AMTD Group employees to trial new virtual banking services under the HKMA’s sandbox.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.