Markets & Infrastructure

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    Capital Adequacy

    Fed Plans to Toughen Capital, Liquidity Rules for Banks

    By Manesh Samtani | 18/05/2023

    Fed, FDIC and OCC officials as well as former executives from failed banks testified before lawmakers this week.

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    Trading & Investment

    Shanghai Bourse to Launch Options on STAR Market ETF

    By Sanday Chongo Kabange | 17/05/2023

    The options will be linked to an ETF that tracks the biggest 50 stocks on the STAR Market. The options are expected to launch within weeks.

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    Structural Regulation

    Futu, Tiger Brokers to Delist from Chinese App Stores

    By Editors | 17/05/2023

    The online brokers were ordered in December to stop opening accounts for mainland investors to invest in Hong Kong and US markets.

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    Structural Regulation

    EU Considers Lowering Wealth Threshold for Professional Investors

    By Mark Johnston | 17/05/2023

    A draft document reveals a European Commission plan to revise MiFID II rules to lower the criteria for being classified as a professional investor.

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    Trading & Investment

    SFC Chief Outlines Measures to Develop REITs Market

    By Manesh Samtani | 17/05/2023

    REITs could be allowed under Stock Connect, structured in a corporate (rather than trust) form, and add a renminbi counter for trading.

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    Structural Regulation

    Malaysia SC Commences Review of Capital Markets Law

    By Editors | 17/05/2023

    The review is part of the SC’s efforts to modernise the law, promote efficiencies, maintain capital market competitiveness, and ensure investors are protected.

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    PEPs & Sanctions

    Shipping Groups Seeking “Sanctions-proof” Contracts with China

    By Editors | 17/05/2023

    Shipping groups are reportedly seeking to insert clauses in their contracts that would allow them to cancel deals with Chinese counterparts due to sanctions.

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    Market Abuse

    Korea to Investigate CFD Trades for Links to Stock Manipulation

    By Mark Johnston | 16/05/2023

    The FSC said it has confirmed that a “significant number” of CFD accounts were involved in last month’s stock crash.

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    Structural Regulation

    MAS Issues “Close-to-Final” Derivatives Reporting Rule Updates

    By Manesh Samtani | 16/05/2023

    MAS set October 2024 as the commencement date for its new OTC derivatives reporting rules, aligning with ASIC.

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    Cryptocurrency

    US SEC Responds to Coinbase Request for Regulatory Clarity

    By Editors | 16/05/2023

    The SEC said it has no obligation to issue the “broad new regulations” for digital assets that Coinbase has requested.

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