Structural Regulation

Structural Regulation

BSP to Ease Rules on Cross-Selling Financial Products

By Sanday Chongo Kabange | 25/11/2024

The revised regulations will allow the cross-selling of financial products, including insurance and mutual funds, within financial conglomerates.

Conduct, Culture & Accountability

ASIC Targets Death Benefit Claims Handling at Super Funds

By Sanday Chongo Kabange | 25/11/2024

ASIC issued notices on ten superannuation trustees requesting data and documents on their death benefit claims handling practices.

Trading & Investment

China: Fund Houses Slash ETF Fees as Active Managers Underperform

By Mark Johnston | 22/11/2024

Major Chinese fund companies have announced significant fee reductions for equity ETFs, intensifying competition in the rapidly expanding market.

Capital Adequacy

MAS Streamlines Product Approval Process for Life Insurers

By Nithya Subramanian | 22/11/2024

Revised notices ease the approval process, requiring life insurers to seek prior approval only for products with features entirely new to the industry.

Conduct, Culture & Accountability

Australia Unveils Planned Reforms to Improve Retirement Outcomes

By Thisanka Siripala | 22/11/2024

The reforms will improve the returement phase of superannuation through more trusted information, better products and greater transparency.

Tokenisation

Goldman Sachs to Make GS DAP Platform “Industry-owned”

By Nithya Subramanian | 22/11/2024

Goldman will establish a new, standalone company to spin out GS DAP so that it can be used by more participants to interoperate seamlessly.

Structural Regulation

ASX Amends Position Reporting Framework, Operating Rules

By Editors | 21/11/2024

The changes aim to align terminology with global practice, clarify reporting requirements, and remove burdensome notification requirements.

Trading & Investment

Dalian Commodity Exchange Launches Log Futures, Options

By Editors | 21/11/2024

The new contracts are expected to facilitate more open and transparent log pricing and enhance China’s influence in the global timber industry.

Trading & Investment

FSC Korea Amends Rules to Boost Competitiveness of Public Funds

By Mark Johnston | 21/11/2024

South Korea’s FSC has announced regulatory amendments aimed at enhancing the competitiveness of public funds while also enhancing investor protections.