Structural Regulation

Trading & Investment

SEBI Proposes to Tighten Derivative Trading Framework

By Ajoy K Das | 01/08/2024

Seven measures proposed include higher minimum contract sizes and a switch from end-of-day to intraday monitoring of position limits.

Structural Regulation

Australia’s ANZ Completes Acquisition of Suncorp Bank

By Editors | 01/08/2024

The transaction, which enhances ANZ’s footprint in Queensland, was authorised by the Australian Competition Tribunal in February and the Treasurer in June.

Conduct, Culture & Accountability

MAS Reprimands Asset Manager, Bans CEO for Two Years

By Nithya Subramanian | 01/08/2024

MAS has also declined the RFMC’s application to upgrade to an LFMC. Effective 1 August, it cannot undertake fund management activities in Singapore.

Trading & Investment

RBI Revokes FPI Access to 14yr and 30yr Government Bonds

By Ajoy K Das | 01/08/2024

The RBI is trying to boost liquidity in shorter-term government bonds by restricting foreign investors’ access to longer-dated bonds.

Clearing & Post-Trade

ASIC Proposes Rules for ASX Clearing and Settlement Services

By Sanday Chongo Kabange | 31/07/2024

ASIC is consulting on new rules to facilitate more competitive outcomes in cash equity clearing and settlement services provided by ASX.

Trading & Investment

HKFE to Standardise Automatic Strike Listing Rules for Options

By Editors | 31/07/2024

Rule change will enable automatic strike listing based on daily underlying price movements all the way through to expiry for monthly option contracts.

Clearing & Post-Trade

IIB Warns of Extraterritoriality of Treasury Clearing Proposal

By Editors | 31/07/2024

Under a proposed FICC rule, the SEC’s clearing mandate on US Treasury securities would apply to an entire foreign bank, rather than just its US-based branch.

Payments & Settlements

ACCC to Update Guidance on International Money Transfers

By Sanday Chongo Kabange | 31/07/2024

The proposed changes will help provide further transparency to consumers so they can better compare the costs of international money transfers.

Structural Regulation

BSP Set to Reopen Applications for Digital Bank Licences

By Sanday Chongo Kabange | 30/07/2024

BSP Governor Eli Remolona said a circular would be released “soon” indicating when the application window will be reopened.