ADVERTISEMENT
Conduct, Culture & Accountability
Superannuation Advice to Members ‘Generally Appropriate’: ASIC
By Garima Chitkara | 04/12/2019
ASIC’s survey of 25 superannuation funds found that close to half of them followed best interest duty rules in the provision of financial advice to members.
Sustainable Finance
Japanese Pension Fund Moves Against Short Sellers
By Editors | 04/12/2019
Japan’s Government Pension Investment Fund, the world’s largest, said it will no longer allow overseas shares to be lent out from its global equity portfolio.
Conduct, Culture & Accountability
FMSB Drafts Good Practice Statement on Sovereign Bond Auctions
By Editors | 04/12/2019
The Statement of Good Practice seeks to identify some of the key conflicts of interest that can arise in sovereign and supranational auctions, and to set out measures to enhance market transparency.
Fraud, Scams & Cybercrime
Major Indian Bourses Suspend Karvy Trading Licences
By Editors | 04/12/2019
BSE, NSE, MCX, MSEI suspend Karvy Stock Broking; NSDL returns to 90% of clients the securities that were illegally pledged at lenders by Karvy.
Alternative Markets
Indonesia Mulls New Singapore-Style Sovereign Wealth Fund
By Editors | 04/12/2019
According to reports, the proposal is backed by three ministries and seeks to ensure greater support for local technology startups and overly indebted SMEs.
Trading & Investment
KRX Introduces Measures to Stimulate Repo Markets
By Editors | 03/12/2019
Korea Exchange has expanded the scope of investors permitted to participate in its repo market to include pension funds, insurance companies and collective investment vehicles.
Structural Regulation
Korea FSS Pledges to Improve Environment for Foreign FIs
By Editors | 03/12/2019
At a meeting with bank and asset manager heads, the FSS promised to lower regulatory and operational barriers for foreign firms looking to enter Korea’s financial markets.
Structural Regulation
China Issues Measures to Clean Up Credit Ratings Industry
By Editors | 03/12/2019
The measures are part of China’s efforts to clean up the ratings industry and open up to foreign competition, in order to boost foreign participation in the domestic bond markets.
Trading & Investment
SEBI Sets Earlier Cut-Off Time for Commodity Margin Computations
By Editors | 03/12/2019
The 5pm cut-off, compared to 11.30pm currently, will make it easier for trading members to compute and collect client margins, effective from April 2020.
Trading & Investment
BSP Relaxes Requirements on Issuance of Debt Instruments
By Editors | 03/12/2019
Related companies of issuing banks are allowed to underwrite or arrange LTNCTDs, bonds and commercial papers, subject to certain conditions.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.