Markets & Infrastructure

Supervision & Enforcement

ASIC Stands Firm Despite Mounting Criticisms of Failures

By Natasha Teja | 20/08/2024

An inquiry into ASIC’s capacity and capability identified a need for reforms, but these appear to be contingent on next year’s elections.

Tokenisation

ICMA Publishes New GMRA Annex Dedicated to Digital Assets

By Editors | 19/08/2024

The Annex was prepared by ICMA, ISLA, and Clifford Chance to provide a standardised framework for documenting repo transactions involving digital assets.

Alternative Markets

SEBI Permits Market Borrowings by Category I and II AIFs

By Ajoy K Das | 19/08/2024

Under existing rules, Category I and II AIFs are not allowed to borrow or use leverage for investments, except in limited cases for temporary needs.

Market Abuse

Korean Expands Probe into Unfair Practices in ETF Market

By Editors | 19/08/2024

The FSS is investigating whether asset managers had help from group affiliates to increase the net asset values of ETFs they issued.

Conduct, Culture & Accountability

ASIC Extends Reference Checking Protocol to Mortgage Aggregators

By Sanday Chongo Kabange | 19/08/2024

The updated protocol enables financial advisers and mortgage brokers to request references about prospective representatives from mortgage broking intermediaries.

Structural Regulation

ACCC Greenlights Experian Takeover of Rival illion

By Editors | 19/08/2024

The ACCC said the merger will not impact competition in the consumer credit reporting market because of the dominance of market leader Equifax.

Structural Regulation

Malaysia SC Calls on VC/PE Firms to List on Public Register

By Ranamita Chakraborty | 19/08/2024

VC/PC intermediaries that are not yet listed on the public register must contact the SC within 14 days to avoid potential deregistration.

Structural Regulation

Getting Your Ducks in a Row for APAC Rules Rewrites

By Priya Kundamal | 19/08/2024

DTCC’s Priya Kundamal discusses the lessons learned from markets that have implemented the first phase of changes to derivatives reporting rules.

Structural Regulation

Hong Kong SFC Proposes to Abolish Mixed Media Offers

By Sanday Chongo Kabange | 19/08/2024

The SFC says MMOs have become “obsolete” since the introduction of the paperless listing and subscription regime in 2021.