Markets & Infrastructure

Conduct, Culture & Accountability

RBI Mandates Designation of Internal Ombudsman at NBFCs

By Sanday Chongo Kabange | 19/11/2021

NBFCs with 10 or more branches and with asset size of INR 50 billion have six months to appoint an internal ombudsman in charge of grievance redressal.

Trading & Investment

HK FSDC Proposes Measures to Advance Biotech Hub Ambitions

By Manesh Samtani | 18/11/2021

The FSDC says allowing SPACs to list in Hong Kong will help to bolster the city’s status as a fundraising hub for the healthcare and biotech sectors.

Conduct, Culture & Accountability

ASIC Issues Draft Guidance on Consumer Remediation

By Sanday Chongo Kabange | 18/11/2021

ASIC has expanded its consumer remediation guidance to cover all financial services licensees, credit licensees and retirement service providers.

Trading & Investment

CSE Set to Implement New Index Calculation Methodology

By Duruthu E Chandrasekera | 18/11/2021

The current methodology has resulted in record high index levels from trading activity in stocks with little free float and actual liquidity.

Credit Risk

Malaysia to Enact New Consumer Credit Act in 2022 – Reports

By Sanday Chongo Kabange | 17/11/2021

The Consumer Credit Act will provide a regulatory framework for the issuance of consumer credit and strengthen oversight of non-bank credit providers.

Structural Regulation

BOT Sets Milestones for Reducing THBFIX Exposure in Derivatives

By Pongnut Thanaboonchai | 17/11/2021

By mid-2022, the total notional outstanding of THBFIX derivatives maturing after 2025 should be reduced by 50 percent compared to end-June 2021 figures.

Structural Regulation

CBIRC Green-lights Full Foreign Ownership of Allianz Unit

By Editors | 17/11/2021

Allianz China Life Insurance will become the first wholly foreign-owned life insurance company in China developed from a joint venture.

Trading & Investment

Eurex to Expand KRX Link to Include KOSPI Weekly Options

By Editors | 16/11/2021

Investors will gain the ability to trade KOSPI 200 options with weekly expiries outside Korean trading hours, providing greater flexibility and risk management precision.

Trading & Investment

Korea Completes Development of Fractional Stock Trading System

By Sanday Chongo Kabange | 16/11/2021

20 securities firms will be able to launch fractional stock trading services using the KSD system as early as this year, depending on their readiness.