Markets & Infrastructure

Alternative Markets

Malaysia to Introduce Alternative Trading Systems

By Garima Chitkara | 26/12/2017

Securities Commission invites proposals from parties interested in participating in regulatory sandbox sessions under its innovation lab.

Trading & Investment

China, Japan to Cooperate on Audit Oversight, Cross-Border Bonds

By Editors | 26/12/2017

The agreement will strengthen cross-border investor protection and assist financial institutions with cross-border bond issuance.

Clearing & Post-Trade

SEBI Seeks to Establish Clearinghouse Interoperability

By Editors | 24/12/2017

Connectivity between clearing corporations may help reduce clearing and compliance costs, boost capital allocation efficiency and enhance obligation nettings benefits.

Trading & Investment

ESMA Gives Investment Firms, Issuers More Time on LEIs

By Editors | 21/12/2017

Six months forbearance to be allowed for obtaining LEI codes from clients, non-EU issuers of financial instruments.

Clearing & Post-Trade

HK SFC to Remove Corporate Treasury of non-Financial Firms from OTC Regulation

By Samuel Riding | 21/12/2017

Extensive consultation also proposes to expand risk mitigation requirements to ‘all licensed corporations’, rejects idea of regulatory threshold.

Conduct, Culture & Accountability

HK SFC Releases 1st MiC Regime Guidance Bulletin

By Editors | 20/12/2017

Report warns on conflicts of interest in sales practices and asset management; notes asset management sector now has more than half of all intermediaries.

Structural Regulation

Australia FinTech Body Embraces Provisional Bank Licencing

By Editors | 20/12/2017

Industry body recommends increasing the deposit limit for new banking entrants, allowing more time to meet the prudential framework.

Conduct, Culture & Accountability

Australian Banks Agree New Code of Conduct

By Editors | 20/12/2017

Code of conduct, which is awaiting approval by ASIC is legally binding in contracts with consumers, bans unsolicited credit card limit increases.

Capital Adequacy

HK SFC Proposes Raising Capital Required by Fund Managers

By Editors | 19/12/2017

Consultation covers raising of minimum capital requirement to HKD10 million, introduction of derivatives use by public funds with enhanced safeguards.