Structural Regulation

Trading & Investment

SFC Sets Rules for Distributing Research on Stock Connect ETFs

By Manesh Samtani | 10/09/2024

Hong Kong intermediaries are allowed to distribute research reports of eligible Mainland ETFs that are available in Hong Kong via Stock Connect.

Trading & Investment

South Korea Faces Calls to Address Rapid Rise in ‘Zombie’ ETFs

By Thisanka Siripala | 10/09/2024

Experts are urging regulators to intervene and protect investors from underperforming ‘zombie’ ETFs, which can trap investor funds and offer limited returns.

Structural Regulation

China Loosens Foreign Investment Restrictions in Manufacturing, Healthcare

By Editors | 10/09/2024

China will pilot a programme to allow foreign investors to set up wholly-owned hospitals in Hainan province and eight cities including Beijing and Shanghai.

Structural Regulation

India to Require Pre-Approval for Mergers Involving Foreign Firms

By Ajoy K Das | 10/09/2024

The RBI’s approval will be required for merger and amalgamation deals involving foreign companies starting 17 September.

Trading & Investment

India’s IFSCA Proposes Rules for CP, CD Issuance in GIFT City

By Ajoy K Das | 10/09/2024

The introduction of CP and CD products is expected to attract more foreign and NRI investors to participate in GIFT City.

PEPs & Sanctions

Russia Blocks Sale on Stake in Raiffeisen’s Local Bank – Report

By Editors | 10/09/2024

Raiffeisen Bank International will attempt to reverse the decision, which represents the biggest freeze involving a Western bank in Russia.

Cryptocurrency

MAS Grants In-principle Digital Assets Licence to JST Digital

By Nithya Subramanian | 09/09/2024

JST Digital was launched in New Jersey in 2018, registered with FinCEN in 2022, and is now on a path to a Singapore licence.

Structural Regulation

US to Impose New Export Controls Targeting Advanced Technology

By Editors | 09/09/2024

The new rules target quantum computers and components, advanced chipmaking tools and technology, and various components and software related to metals and metal alloys.

Conduct, Culture & Accountability

HSBC Responsible Officer Disqualified Over MPF Referral Programme

By Sanday Chongo Kabange | 09/09/2024

The responsible officer was disqualified for 30 months for his role in recruiting unregistered personnel to refer MPF corporate clients to HSBC.