Markets & Infrastructure

Structural Regulation

BNP Paribas Fined in Taiwan for Violating Insurance Regulations

By Editors | 22/01/2024

The FSC said BNP failed to fully separate its business units and outsourced information operations to the cloud without prior regulatory approval.

Structural Regulation

Taiwan to Lower Shareholding Disclosure Threshold to Five Percent

By Mark Johnston | 21/01/2024

The reporting and announcement procedures will also be streamlined so that only three pieces of information must be reported.

Sustainable Finance

SET Unveils Three-Year Plan to Boost Thai Capital Market

By Mark Johnston | 21/01/2024

The plan includes support for ESG initiatives and the introduction of new products such as small size Thai shares and inverse ETFs.

Conduct, Culture & Accountability

ASIC Allows Two Extra Weeks to Register Financial Advisers

By Sanday Chongo Kabange | 19/01/2024

AFS licensees have until 16 February to register their financial advisers. Providing personal advice to retail clients without registration will be subject to regulatory action.

Trading & Investment

China Grants More Foreign Banks Lead Underwriter Licence

By Editors | 19/01/2024

Credit Agricole, HSBC and StanChart can be lead underwriters of yuan debt issues by domestic and foreign borrowers.

Cryptocurrency

Spot Bitcoin ETFs Not Suitable for Singapore Retail Investors: MAS

By Editors | 19/01/2024

Those who choose to trade spot Bitcoin ETFs in overseas markets must exercise extreme caution, MAS said.

Credit Risk

RBI’s Revised Norms on Fair Lending Practice Effective from April

By Ajoy K Das | 19/01/2024

Starting April, lenders can impose reasonable penal charges only on the amount of loan under default in a non-discriminatory manner as per their board approved policy.

Structural Regulation

Japan To Introduce Mandatory English Disclosures on Prime Market

By Sanday Chongo Kabange | 18/01/2024

The TSE will require all listed firms on its Prime Market to make disclosures in English and Japanese starting 2025.

Clearing & Post-Trade

BCBS, IOSCO Call for Best Practices in Non-Centrally Cleared Margin Processes

By Ranamita Chakraborty | 18/01/2024

Their report outlines eight recommendations for market practices, encouraging implementation without proposing policy changes to BCBS-IOSCO frameworks.