Markets & Infrastructure

Clearing & Post-Trade

HK Clearinghouses Ask Participants to Review Operational Procedures

By Sanday Chongo Kabange | 13/02/2022

Participants are warned that failure to adhere to the settlement timelines stipulated by the clearinghouses would constitute an event of default, which could result in disciplinary actions.

Operational Risk

Taiwan to Finalise Risk Management Rules for Futures Trust Companies

By Editors | 12/02/2022

Futures trust companies are required to set up dedicated risk management departments with “adequate and competent” full-time personnel by 31 December.

Conduct, Culture & Accountability

SEBI Directs Fund Managers to Constitute Audit Committees

By Sanday Chongo Kabange | 12/02/2022

AMC audit committees will have obligations to review findings of suspected fraud, irregularities, internal control failures, and other issues highlighted by whistleblowers.

Trading & Investment

RBI Raises Cap on FPI Investment in Debt Securities

By Editors | 11/02/2022

The INR 1.5 trillion limit on FPI investment via the ‘Voluntary Retention Route’ has been nearly exhausted. The new INR 2.5 trillion limit takes effect on 1 April.

Structural Regulation

PBOC Accepts Two More Applications for FHC Licences

By Editors | 10/02/2022

If approved, Wanxiang Holding will become China’s first privately owned firm to operate a financial holding company.

Clearing & Post-Trade

The EU Puts London in the Last Chance Saloon: or Does It?

By Tony Freeman | 10/02/2022

Tony Freeman explains why European banks are unlikely to move away from clearing trades through London absent a regulatory mandate.

Trading & Investment

India Mutual Funds to Start Ind AS Reporting from April 2023

By Editors | 10/02/2022

From 1 April 2023, all AMCs will be required to prepare the financial statements in accordance with Indian Accounting Standards, known as Ind AS.

Structural Regulation

China Issues Five Year Plan for Financial Standardisation

By Editors | 10/02/2022

The plan envisions the development of a financial standard system that is in line with international standards and driven by market forces, led by the government.

Structural Regulation

CSRC Issues New Guidance on Improving Prospectus Quality

By Darien Choong | 09/02/2022

Sponsors and securities service institutions have professional responsibilities to ensure the contents of prospectuses do not contain false or misleading information.