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Conduct, Culture & Accountability
NZ Aligns Rules Across Dispute Resolution Schemes
By Editors | 14/07/2024
The maximum compensation limit is being aligned at NZ$500,000 across four financial dispute resolution schemes.

Market Abuse
ANZ Under Scrutiny for Misreported Bond Trading Data
By Editors | 14/07/2024
ANZ reportedly overstated the value of government bonds it traded and amplified its ranking against peer banks.

Trading & Investment
CSRC Tightens Curbs on Short Selling, Securities Lending
By Manesh Samtani | 12/07/2024
Margins for short-selling will increase. CSF suspended its securities lending business. Quant trading also under scrutiny.

Conduct, Culture & Accountability
FAR Guidance Finalised for Insurance, Superannuation Industries
By Sanday Chongo Kabange | 12/07/2024
ASIC and APRA have completed the total package of guidance materials for the Financial Accountability Regime.

Structural Regulation
UK to Introduce New Listing Regime from 29 July
By Manesh Samtani | 12/07/2024
The new regime will merge the ‘premium’ and ‘standard’ listing segments and allow founders to exert greater control of their companies.

Clearing & Post-Trade
EU Plans to Move to T+1 Settlement Cycle in 2027: Report
By Nithya Subramanian | 12/07/2024
In a poll conducted at a meeting hosted by ESMA, close to 70 per cent of respondents advocated for the switch to occur in 2027.

Capital Adequacy
RBI Permits Banks to Use Ratings by Brickwork Ratings India
By Ajoy K Das | 12/07/2024
SEBI had cancelled Brickwork’s registration as a CRA in 2022, but the central bank now has allowed banks to use its ratings for loans up to INR 2.5 billion.

Payments & Settlements
RBI Further Opens GIFT City Banking to Indian Residents
By Ajoy K Das | 12/07/2024
The change is expected to contribute to developing GIFT City’s banking environment and boost business prospects for the financial hub.

Trading & Investment
HKEX Lists First ETF Tracking China SOE Performance
By Editors | 12/07/2024
Hong Kong official Christopher Hui said ETF listing marks a new milestone for Hong Kong’s market.

Conduct, Culture & Accountability
HK AFRC: Claims Against PwC Not Supported by Evidence
By Editors | 11/07/2024
The AFRC said the evidence it gathered does not support three whistleblower allegations made in April against PwC.
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