Markets & Infrastructure

Trading & Investment

CFFEX Halves Settlement Fees in Financial Futures Markets

By Editors | 31/12/2021

Settlement fees for stock index futures and government bond futures will be halved in 2022. Further enhancements are planned in the year ahead.

Trading & Investment

FSC Korea Says LIBOR Transition Progressing Smoothly

By Sanday Chongo Kabange | 31/12/2021

The CD rate has been actively replaced with Korea’s new RFR, known as KOFR, since its introduction on 25 November, the FSC said.

Payments & Settlements

HKMA Endorses Proposal to Better Protect Mortgage Borrowers

By Editors | 31/12/2021

The proposal will make use of electronic payments directly from bank to bank, rather than routing payments for large property transactions through law firms.

Conduct, Culture & Accountability

Australia to Ease Regulatory Requirements for Financial Advisers

By Editors | 30/12/2021

The government proposes to recognise on-the-job experience as meeting financial adviser education requirements. It will also review ways to simplify other compliance obligations.

Trading & Investment

SGX Grants In-principle Approval for Two SPAC Listings

By Editors | 30/12/2021

Temasek-backed Vertex Venture Holdings and Tikehau Capital have received eligibility-to-list letters from SGX following their SPAC listing applications.

Trading & Investment

MAS Unveils Initiatives to Open Access to China ETFs, Bonds

By Editors | 29/12/2021

SGX and SZSE have signed an MoU to establish an ‘ETF Connect’ mechanism. SGX is also in discussions with CFETS to establish bond market connectivity.

Structural Regulation

CSRC Drafts New Rules for Domestic Firms Seeking Overseas IPOs

By Manesh Samtani | 29/12/2021

Companies seeking overseas listings, including those with VIE structures, will have to first register with the CSRC. International banks underwriting such listings must also register.

Emerging Prudential Risks

FSC Korea Sets Out Work Programme for 2022

By Mark Johnston | 29/12/2021

The work plan focuses on measures to maintain financial stability, reduce debt risks, promote financial innovation, and enhance the FSC’s rules on network security.

Structural Regulation

Indonesian Bourse Relaxes Listing Rules to Draw in Tech IPOs

By Editors | 28/12/2021

The relaxed rules allow firms to fulfil other qualifications in lieu of the existing net tangible assets requirements for listing.