Markets & Infrastructure

Structural Regulation

China Consults on Financial Sector Foreign Investment Caps Removal

By Garima Chitkara | 11/06/2018

CBIRC says it will on remove caps on foreign investment in domestic banks and asset management companies and do away with special rules for foreign investors in China.

Emerging Prudential Risks

Volcker Rule – Road to Reform or Ruin?

By Peter Guy | 11/06/2018

Proposed changes by the Trump Administration to the Volcker Rule are already controversial. Linking cause and effect to risk management have only resulted in an excessively complex regulation that is proving difficult to reform in a “too big to fail” industry.

Emerging Prudential Risks

CBIRC, SFC to Cooperate on Cross Border Supervision

By JP Reimann | 11/06/2018

New MoU to facilitate information exchange in the interest of investor protection, promoting competence and integrity of regulated entities, market and financial integrity, and maintaining financial stability.

Market Abuse

SEBI Probes Leaked List of Companies Under Enhanced Surveillance

By Garima Chitkara | 11/06/2018

SEBI alleged that a list of 37 companies that were under the regulator’s Additional Surveillance Measure was leaked before the public announcement was made by the BSE.

Trading & Investment

UPDATED – China Allows CDR Listing On The Mainland

By Garima Chitkara | 11/06/2018

China’s securities regulator released rules for the issuance of China Depository Receipts, allowing overseas listed firms to access domestic investors; Xiaomi becomes first applicant for CDR listing.

Market Abuse

S. Korea Regulator Probes Goldman Sachs for Short-Selling Settlement Failures

By JP Reimann | 11/06/2018

Goldman Sachs Seoul branch unable to buy back stock which it had sold short, indicating borrowed stocks were not in its possession at the time of short selling.

Trading & Investment

SEBI Unveils New Requirements for Funds to Boost Retail Investment

By Garima Chitkara | 07/06/2018

India’s markets regulators has slashed total expenses by 15 basis points to encourage more retail investors to buy mutual funds; also requiring increased disclosures on fund expenses.

Alternative Markets

Singapore to Introduce New Corporate Structure For Funds

By Garima Chitkara | 07/06/2018

S-VACC, Singapore’s new investment firm structure, will come into effect by next year and will help boost synergies between firm management and domiciliation, according to MAS managing director.

Market Data & Technology

ISDA Seeks Feedback on Common Domain Model for Derivatives

By JP Reimann | 07/06/2018

First digital version of the ISDA CDM covers interest rate and credit derivatives products; aims for efficiency, interoperability, reduced complexity in derivatives market.