Markets & Infrastructure

Conduct, Culture & Accountability

SEBI Chair Issues Statement Denying Conflict of Interest Allegations

By Ajoy K Das | 14/09/2024

The statement said consulting assignments of her husband occurred long before Madhabi Puri Buch took office as SEBI chairperson.

Cloud & Infrastructure

Singapore Launches e-Apostille Service for Document Authentication

By Nithya Subramanian | 13/09/2024

From 2025,  documents issued by ACRA can be authenticated online, reducing the processing time and the need for physical submissions.

Structural Regulation

US Advances Bill That Could Force Closure of Hong Kong Trade Offices

By Editors | 13/09/2024

The Hong Kong government called the House bill a “politically driven” attack that violates international law and interferes with the city’s internal affairs.

Conduct, Culture & Accountability

China Requiring Investment Bankers to Hand In Passports – Report

By Editors | 13/09/2024

Three high-profile investment bankers have been detained since August, amid intensified scrutiny of IPOs and other capital-raising activity.

Payments & Settlements

Japanese Megabanks to Stop Issuing Paper Bills and Cheques

By Thisanka Siripala | 13/09/2024

Sumitomo Mitsui will discontinue paper bills and cheques altogether in September 2025. MUFG and Mizuho Bank are expected to follow suit.

Payments & Settlements

Japan Backs FSB Plan to Streamline Cross-border Payments

By Thisanka Siripala | 12/09/2024

However, the Japanese Bankers Association is calling for incentives to help boost the adoption of LEIs, which are currently costly and complex to implement.

Structural Regulation

China Proposes Tighter Rules for Foreign Accounting Firms

By Editors | 12/09/2024

A separate approval process is being introduced for foreign accounting firms wishing to conduct “temporary activities” without a representative office.

Trading & Investment

SEBI to Allow Use of Cash Collateral Securities for Margin Trading

By Ajoy K Das | 12/09/2024

From 1 October, securities funded through cash collateral can be considered as maintenance margin for margin trading facilities.

Fraud, Scams & Cybercrime

UK FCA to Update Guidance on Addressing Suspicious Payments

By Manesh Samtani | 12/09/2024

The updated guidance aims to support a new policy that will enable PSPs to delay payments when fraud or dishonesty is suspected.