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Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.

Trading & Investment
Korea Increasingly Likely to Scrap Plans to Tax Stock Market Gains
By Nithya Subramanian | 08/11/2024
The main opposition Democratic Party has decided to support calls from the ruling People Power Party to scrap the planned tax.

Cloud & Infrastructure
Global Fintech Institute Launches New Platform to Drive Innovation
By Nithya Subramanian | 08/11/2024
A new Startup Investment Credentials framework was also released to provide a standardised approach for evaluating fintech startups.

Structural Regulation
Japan FSA Proposes to Open Access to Foreign Financial Services
By Thisanka Siripala | 08/11/2024
Currently, Japanese investors face certain restrictions when accessing foreign financial platforms. A proposed amendment will change this.

Structural Regulation
PBOC, CSRC Pledge Improved Business Environment for Foreign FIs
By Editors | 08/11/2024
PBOC Governor Pan Gongsheng pledged continued central bank support at a seminar held with foreign financial institutions this week.

Structural Regulation
BSP Invites Indonesia, Malaysia to Explore Philippine Islamic Finance Sector
By Sanday Chongo Kabange | 07/11/2024
The BSP has been engaging with FIs in Indonesia and Malaysia about exploring opportunities in the Philippines Islamic finance sector.

Market Data & Technology
UK FCA Introduces New Transparency Rules for Bonds, Derivatives
By Thisanka Siripala | 07/11/2024
FCA also consulting on proposals to allow asset managers for pooled investment funds greater flexibility in how they pay for investment research.

Payments & Settlements
New Project Nexus Entity to be Established in Singapore
By Editors | 07/11/2024
The new management entity will oversee the live implementation of the Nexus operational model, which involves linking instant payment systems.

Trading & Investment
Mizuho to Launch Saudi-focused ETF for Japanese Investors
By Thisanka Siripala | 07/11/2024
Mizuho signed an MoU to collaborate with Saudi Arabia’s Public Investment Fund to launch an ETF which will track the FTSE Saudi Arabia Index.

AI Risk & Governance
WFE Paper Calls for Risk Sensitive Approach to AI Regulation
By Thisanka Siripala | 06/11/2024
The paper says AI-driven systems in financial markets should be regulated using the same core principles that apply to existing technologies.

Structural Regulation
CSRC Grants Morgan Stanley Final Approval for Futures Business
By Editors | 06/11/2024
Morgan Stanley will become just the second foreign firm after JPMorgan to have a fully-owned futures business in China.
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