Markets & Infrastructure

Clearing & Post-Trade

Eurex Approved to Offer Clearing Services in Japan

By Editors | 12/03/2020

The FSA licence will allow Japanese financial institutions to combine their listed and OTC euro yield curve businesses in one single place, Eurex says.

Trading & Investment

Indonesia Triggers Circuit Breaker, Suspends Pre-Opening Session

By Editors | 12/03/2020

IDX halted trading to end Thursday, just a day after tightening the circuit breaker mechanism. The pre-opening session is suspended until further notice.

Trading & Investment

Offshore FIs More Hopeful of Access to China Bond Futures

By FinanceAsia | 12/03/2020

A new pilot scheme to allow Chinese banks to trade government bond futures is a healthy step towards allowing foreign investors to finally tap it, experts believe.

Trading & Investment

PBOC, CSRC Pledge to Enhance Bond Market Functioning

By Editors | 12/03/2020

The regulators will work to optimise the bond issuance management system, promote bond product innovation, and enhance the policy environment for private enterprises.

Conduct, Culture & Accountability

Major Banks’ Fee-based Revenue at Risk – Study

By Editors | 11/03/2020

Increased regulatory pressure and growing competition from new players could cost incumbent banks 5% of their revenue over the next 3-5 years, says a new report from Accenture.

Structural Regulation

ASIC Finalises New Licensing Framework for Foreign Firms

By Editors | 11/03/2020

The framework introduces a new ‘foreign AFS’ licensing regime, and licensing relief for foreign fund managers seeking to induce investment from certain professional investors such as super funds.

Trading & Investment

S. Korea Tightens Short Selling Rules to Curb Market Volatility

By Editors | 10/03/2020

Starting from Wednesday, the new rules will extend the current 1-day prohibition on ‘overheated short-selling stocks’ to 10 days, while lowering the thresholds for the designation.

Conduct, Culture & Accountability

ASIC Consults on Advice Fee Consent, Independence Disclosures

By Editors | 10/03/2020

The legislative instruments ASIC proposes are based on draft legislation for Royal Commission reforms – due to come into effect in July.

Conduct, Culture & Accountability

Woori Financial Chair Seeks Injunction Against FSS Sanctions

By Editors | 10/03/2020

If the injunction is granted, it could clear the path for Woori Financial Group chairman Sohn Tae-sung to lead the group for another three-year term.