Markets & Infrastructure

Structural Regulation

S. Korea to Implement Asia Region Funds Passport on 27 May

By Editors | 22/01/2020

To register passport funds that can be offered in overseas markets, fund managers in Korea must have at least $500mn under management and meet a $1mn minimum capital requirement.

Trading & Investment

RBI Permits Gift City Trading of Rupee Derivatives

By Editors | 21/01/2020

The move will help address demands from overseas participants for the availability of better tools to hedge India exposures.

Structural Regulation

Vietnam to Tighten Bond Issuance Rules Amid Overheating Market

By Editors | 21/01/2020

The draft rules require that separate bond issuances be at least six months apart, and that issuers limit their issuances to three times capital.

Structural Regulation

SET Unveils Three Pillar Growth Strategy for 2020

By Editors | 21/01/2020

The SET will look to set up trading links with Cambodia, Laos, Myanmar and Vietnam this year, expecting much of its growth to be driven by offshore-related investment products and IPOs.

Trading & Investment

Philippine Regulators Ease REITs Rules with New Framework

By Editors | 21/01/2020

The new rules remove stringent tax and minimum public ownership requirements under a 2009 law that prevented the rise of REITs in the Philippine capital market.

Structural Regulation

SEBI Mandates Additional Disclosures for Debt Securities

By Editors | 21/01/2020

Under the new format, listed companies need to disclose deviations in the use of debt issuance proceeds from the objects stated in their offer documents.

Structural Regulation

Myanmar to Issue New Licences to Foreign Banks

By Editors | 20/01/2020

Foreign banks that have had a representative office in Myanmar for at least three years can apply for a branch licence or a subsidiary licence.

Conduct, Culture & Accountability

SEBI Proposes Stricter Rules for Investment Advisers

By Editors | 20/01/2020

The rules include higher net worth requirements, caps on advice fees, and client level segregation of investment advice from product distribution.

Market Data & Technology

IOSCO Issues Final Report Recommending UTC Time Stamping of Trades

By Editors | 20/01/2020

Trading venues and their participants should synchronise the clocks they use for timestamping reportable events with coordinated universal time (UTC), IOSCO says.