Markets & Infrastructure

    Payments & Settlements

    BSP Issues Draft Rules for Implementing National Payment Systems Act

    By Editors | 26/04/2019

    The Philippine central bank has issued a draft circular to support its new mandate as the primary regulator for the country’s payment systems.

    Clearing & Post-Trade

    Japan OTC Derivatives Regime Deemed Equivalent Under EMIR

    By Editors | 26/04/2019

    The European Commission recognises Japan’s rules on valuation, dispute resolution and margin exchange for uncleared OTC derivative contracts as equivalent to EMIR.

    Trading & Investment

    Shanghai, Switzerland to Explore Development of Stock Connect

    By Editors | 25/04/2019

    Under an updated MoU, the Shanghai Stock Exchange and SIX Swiss Exchange to explore the feasibility of developing a stock connect programme.

    Trading & Investment

    Shenzhen, Thailand Stock Exchanges to Develop Cross Border Products

    By Editors | 25/04/2019

    An MoU sign by the SZSE and SET this week will facilitate the development of cross-border products such as ETFs, depositary receipts, indices and green finance products.

    Structural Regulation

    UPDATED – K-Bank Financing Plan Halted Amid Antitrust Probe

    By Editors | 25/04/2019

    KT Corporation was planning to up its stake in the internet-only bank to 34%, but the FSC put its review process on hold amid an FTC antitrust probe.

    Conduct, Culture & Accountability

    Financial Planners Worry About AFCA’s Extended Powers

    By Editors | 25/04/2019

    The FPA says advisers are worried old cases will be judged against newer, stricter advice standards and they may not be covered by professional indemnity insurance.

    Trading & Investment

    SEBI Enables Greater Retail Access to REITs, InvITs

    By Editors | 24/04/2019

    The regulator has reduced the minimum subscription size and introduced defined trading lots for real estate and infrastructure investment trusts in India.

    Clearing & Post-Trade

    China, Indonesia, India Slow to Finalise Close-Out Netting Reforms

    By Garima Chitkara | 24/04/2019

    In its April quarterly round-up, ISDA detailed efforts in the three jurisdictions to ensure legal certainty on close-out netting, seen to be a critical issue for derivatives market development.

    Trading & Investment

    MPF Needs Greater Access to China Markets – HKIFA

    By Editors | 24/04/2019

    Hong Kong fund managers are asking for Shanghai and Shenzhen to be included in the list of overseas markets approved for MPF investment.

    Supervision & Enforcement

    Goldman, Gao Hua Securities Agree to $22.3m CSRC Settlement

    By Editors | 24/04/2019

    Goldman Sachs and its Chinese partner Gao Hua Securities have agreed to an administrative settlement of 150 million yuan for internal control breaches.

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