Structural Regulation

Resolution & Recovery

IOSCO, CPMI Issue Report on Recovery of Financial Market Infrastructures

By Editors | 20/10/2014

Financial market infrastructures, which include payment systems and central securities depositories, are urged to develop a recovery plan to ensure that they can offer critical services to the market even during a crisis and avert any systemic disruptions.

Operational Risk

Malaysia Seeks to Amend Development Financial Institutions Act

By Editors | 17/10/2014

Malaysia’s central bank is seeking industry views on proposals to amend the Development Financial Institutions Act 2002 to further strengthen the industry.

Structural Regulation

Australian Regulator Clarifies Rules for Foreign Firms Offering Securities

By Editors | 14/10/2014

Australian Securities and Investments Commission has issued guidelines for foreign companies making offers of CHESS Depository Interests (CDIs) over their shares and options to investors in Australia.

Structural Regulation

IOSCO Consults on Guidelines over Custody of CIS Assets

By Editors | 14/10/2014

The International Organization of Securities Commissions has issued new guidelines regarding custody of collective investment schemes’ (CIS) assets, highlighting issues around the independence of custodians and their role in ensuring the safety of clients’ assets.

Trading & Investment

Taiwan to Relax Rules for Securities Firms

By Editors | 12/10/2014

Taiwan’s top financial regulator said it will relax rules governing the business scope of Taiwanese securities firms’ offshore securities units (OSU), in a move that could boost its stock market and wealth management sector.

Structural Regulation

Singapore Seeks Reforms on REIT Market Rules

By Editors | 09/10/2014

The Monetary Authority of Singapore has consulted the industry on a series of reforms to Singapore’s real estate investment trust (REIT) market that relaxes investment rules and imposes measures that safeguard interest of investors.

Structural Regulation

HKEx and Dual Class Shares: Solving the Chinese Puzzle

By Peter Guy | 07/10/2014

Reconciling the contradictions and problems of dual class shares for the Hong Kong market will define its future.

Conduct, Culture & Accountability

Singapore Plans Legislative Changes to Boost Financial Advisory Industry

By Editors | 06/10/2014

The Monetary Authority of Singapore is seeking industry views on legislations that will raise the standards and professionalism of the financial advisory (FA) industry, and encourage greater efficiency in the distribution of life insurance and investment products.

Structural Regulation

ASIC’s Greg Medcraft Re-elected IOSCO Board Chair

By Editors | 06/10/2014

Australian Securities & Investment Commission chair Greg Medcraft has been elected a second term as chairman of the board of the International Organization of Securities Commissions.