Markets & Infrastructure

Trading & Investment

Taiwan Set to Shorten Auction Interval for Odd-Lot Trading

By Editors | 09/07/2024

The auction interval for odd-lot trading will be reduced from one minute to five seconds, effective from 2 December 2024.

Structural Regulation

BNM Finalises Licensing Framework for Digital Insurers

By Editors | 09/07/2024

BNM will no longer limit the number of licences to five. Applications will be accepted throughout 2025 and 2026.

Fraud, Scams & Cybercrime

China to Intensify Crackdown on Capital Markets Fraud

By Manesh Samtani | 09/07/2024

New guideline includes measures to crack down on financial fraud such as false information disclosure and embezzlement of IPO proceeds.

Clearing & Post-Trade

China to Allow CGBs as Collateral for Swap Connect

By Manesh Samtani | 09/07/2024

OTC Clear plans to start accepting China Government Bonds and Policy Financial Bonds as collateral for Swap Connect by year end.

Structural Regulation

SFC to Introduce New Investment Product Authorisation Platform

By Sanday Chongo Kabange | 09/07/2024

The new e-IP system will allow users to digitally submit new product applications and post-authorisation or registration submissions.

Conduct, Culture & Accountability

MPFA Fines HSBC for Non-compliant Referral Programme

By Sanday Chongo Kabange | 09/07/2024

HSBC recruited and offered incentives to unregistered persons to refer corporate clients to the bank for MPF business.

Structural Regulation

Australia Introduces New Disclosure Rule for Public Companies

By Sanday Chongo Kabange | 09/07/2024

All companies open to investment by the public must disclose all their subsidiaries, regardless of size or materiality.

Structural Regulation

US Treasury Proposes to Expand Jurisdictional Reach of CFIUS

By Editors | 09/07/2024

The proposed rule adds 56 military installations to the list of installations around which CFIUS has jurisdiction.

Conduct, Culture & Accountability

FSC Korea Issues New Responsibility Mapping Guidance

By Manesh Samtani | 09/07/2024

The guidance sets out detailed information on how to write and submit responsibility structure maps. A pilot period will be used to encourage early adoption.