Markets & Infrastructure

KYC & CDD

SEBI Tightens Disclosure Norms for FPIs with Concentrated Investments

By Editors | 28/08/2023

FPIs will have to disclose all their owners if they hold over 50% of their India AUM in a single corporate group.

Payments & Settlements

Korea Seeks to Export Financial Infrastructure to Overseas Markets

By Sanday Chongo Kabange | 28/08/2023

The FSC is working on plans to boost exports of Korean financial infrastructure to overseas markets such as in Southeast Asia.

Alternative Markets

DSE Seeks Rule Relaxations to Boost Alternative Trading Board

By Editors | 28/08/2023

The ATB was launched this January but has failed to attract investors and still has only two securities listed.

Conduct, Culture & Accountability

MAS Enhances Safeguards for Vulnerable Advice Customers

By Manesh Samtani | 28/08/2023

Financial advisory firms have to identify vulnerable customers, conduct pretransaction checks, and ask a “trusted individual” to be present during the sales and advisory process.

Structural Regulation

SEBI Proposes New Fee Collection Mechanism for IAs, RAs

By Mark Johnston | 28/08/2023

The new mechanism aims to ensure that investors can only pay fees to investment advisors and research analysts that are registered.

Structural Regulation

ANZ, Suncorp Challenge ACCC’s Decision to Block Merger Deal

By Mark Johnston | 28/08/2023

ANZ and Suncorp filed separate applications to the Australian Competition Tribunal seeking a review of the ACCC’s decision.

Payments & Settlements

Vietnam Joins ASEAN Payment Connectivity Initiative

By Sanday Chongo Kabange | 28/08/2023

The inclusion of the SBV has increased the Regional Payment Connectivity group from five to six ASEAN central banks.

PEPs & Sanctions

Russia Considers Decree to Enable Investors to Unblock Assets

By Mark Johnston | 28/08/2023

Under the plan, interested foreign investors would be able to buy Russian assets currently frozen in Europe.

Payments & Settlements

BRICS Nations Invite Six Nations to Join as Members

By Editors | 27/08/2023

BRICS officials will develop measures to reduce their reliance on the USD in trade, in favour of using local currencies.