Markets & Infrastructure

Structural Regulation

EU to Ramp Up Monitoring of BigTech Financial Services

By Manesh Samtani | 05/02/2024

The provision of financial services by BigTechs does not yet pose a financial stability risk, but policy action may be required as these activities continue to grow.

Credit Risk

PBOC Fines Six Rating Agencies, Including Unit of S&P Global

By Editors | 05/02/2024

The agencies were found to have shortcomings in their rating business processes, violating independence requirements and breaching consistency principles.

Structural Regulation

SEBI Considers Scrapping Security Deposit Required of Issuers

By Ajoy K Das | 05/02/2024

An expert committee has recommended abolishing the requirement for equity issuers to keep a security deposit with the stock exchange.

Conduct, Culture & Accountability

MAS Proposes Simplify Data Collection Rules for Insurance Sales

By Nithya Subramanian | 05/02/2024

The proposals will streamline financial planning and allow consumers to meet their protection needs more easily, MAS said.

Conduct, Culture & Accountability

Australia: Enforcement of New FAR Regime to Be Delayed

By Sanday Chongo Kabange | 05/02/2024

APRA and ASIC acknowledged that banks may need more time to comply with some FAR requirements due to delays finalising some rules.

Conduct, Culture & Accountability

US Fed Tightens Policy on Personal Investments by Staff

By Editors | 02/02/2024

Under the new policy, staff can be directed to submit brokerage and transaction statements to verify financial disclosure accuracy.

Trading & Investment

Pakistan Introduces Electronic Platform for Interbank FX Trades

By Editors | 02/02/2024

The platform provides real time price visibility and features a new electronic matching system for interbank FX trades.

Structural Regulation

EU Agrees on New Listing Act, Multiple-Vote Share Structures

By Editors | 02/02/2024

The Listing Act will make it cheaper and easier for companies to list. Multiple-vote share structures will ensure founders retain sufficient control after listing.

Trading & Investment

ASIC Issues New Guidance on Pre-Hedging Practices

By Editors | 02/02/2024

If not carried out in an appropriate manner, pre-hedging can be unfair, unconscionable and result in poor client outcomes, ASIC said.