Markets & Infrastructure

Conduct, Culture & Accountability

FSS Korea Concludes Probe Into Mis-sold HSCEI-Linked Products

By Manesh Samtani | 12/03/2024

Investors have lost almost $1bn, with another $3.5bn expected. The FSS issued a compensation guideline for financial firms that mis-sold the risky ELS products.

Reporting & Disclosures

SC Malaysia Seeks Feedback On Governance Code For MSMEs

By Nithya Subramanian | 12/03/2024

The proposed code aims to assist MSMEs in fostering long-term sustainability, attracting investment, and effectively navigating the business landscape.

Structural Regulation

Australia to Introduce “Financial Sector Regulatory Grid”

By Sanday Chongo Kabange | 12/03/2024

The new regulatory grid system will enable ASIC, APRA, the ACCC, the RBA and the ATO to better coordinate financial sector regulation.

Cryptocurrency

UK FCA to Allow Recognised Exchanges to Offer Crypto ETNs

By Editors | 12/03/2024

The London Stock Exchange has already confirmed it will start accepting applications for Bitcoin and Ethereum ETNs in Q2 2024.

Market Abuse

SEBI Bars JM Financial from Acting as Lead Manager

By Ajoy K Das | 12/03/2024

SEBI said JM Financial engaged in practices which have a “detrimental effect” on the orderly functioning of the market.

Trading & Investment

SFC Chairman Proposes Adjustment to Stock Connect Threshold

By Editors | 11/03/2024

SFC Chairman Tim Lui has asked mainland policymakers to lower the minimum asset requirement for mainlanders to invest in Hong Kong via Stock Connect.

Reporting & Disclosures

Vietnam Launches New Disclosure System at Hanoi Exchange

By Editors | 11/03/2024

The system has been initially implemented on the HNX. Once fully implemented, the same system will be established at HoSE.

Conduct, Culture & Accountability

RBI Tightens Rules for Debit and Credit Card Issuers

By Ajoy K Das | 11/03/2024

Card issuers are now required to put in place mechanisms to monitor the end use of funds for credit cards linked to business accounts.

Payments & Settlements

China Makes More Improvements to Payments Services for Foreigners

By Editors | 11/03/2024

The State Council released new guidelines. Alipay and WeChat Pay teamed up with NetsUnion Clearing Corp to optimise the use of foreign bank cards in China.