Markets & Infrastructure

Structural Regulation

The Rise of the SPAC Wave on Singapore’s Shores

By Johnny Lim | 28/12/2021

Johnny Lim and Michael Kwan consider SPAC developments around the world and set out considerations for those searching for the preferred listing destination.

Structural Regulation

Indonesian Regulators Publish LIBOR Transition Guide

By Editors | 28/12/2021

The guide recommends five steps for market participants with LIBOR exposures, to help them respond to and prepare for the transition.

Structural Regulation

Australian Treasury to Review Effectiveness of ABSF Facility

By Editors | 28/12/2021

The Australian Business Securitisation Fund facility is designed to unlock a competitive funding source for smaller lenders to on‑lend to SMEs.

Trading & Investment

Hong Kong, Mainland Exchanges to Include ETFs in Stock Connect

By Editors | 28/12/2021

Eligible ETFs will be included in Stock Connect. Business and technical preparations are expected to take about six months to complete.

Structural Regulation

Sri Lanka Regulator to Align Rules with New SEC Act Within January

By Duruthu E Chandrasekera | 28/12/2021

The new SEC Act passed in September paves the way for new rules and guidelines to raise ESG standards among listed companies in Sri Lanka.

Payments & Settlements

Korea FSC Adjusts Card Processing Fee Rates

By Editors | 24/12/2021

The revised fees will take effect from January 2022 and save businesses almost half a trillion won.

Payments & Settlements

Bank Indonesia Launches New Fast Payments System, BI-Fast

By Sanday Chongo Kabange | 24/12/2021

BI-Fast lowers the interbank transfer fee, set at IDR 2,500 (USD 0.18) per transaction, down from the usual IDR 6,500 fee for interbank transfers. 21 banks have so far enrolled on BI-Fast.

Fraud, Scams & Cybercrime

Australian Court Fines Mayfair Companies for Misleading Advertising

By Sanday Chongo Kabange | 24/12/2021

Four Mayfair companies were fined a combined A$30mn for “deliberately” misleading investors into buying highly speculative and risky investment products.

Trading & Investment

US Bourses Explore IPOs from SE Asia Amid Chinese Withdrawal

By Sanday Chongo Kabange | 24/12/2021

Continued regulatory scrutiny from Chinese and US regulators has reportedly compelled US exchanges to explore IPO hopefuls from India, Indonesia, Vietnam and Malaysia.