Structural Regulation

Structural Regulation

US Court Vacates New SEC Rule for Private Fund Advisers

By Nithya Subramanian | 07/06/2024

The appeals court ruled that the SEC “exceeded its statutory authority” by adopting the new rule for private fund advisers.

Structural Regulation

Japan Designates Four Cities as Special Asset Management Zones

By Editors | 07/06/2024

The government will work with Tokyo, Osaka, Sapporo, and Fukuoka to develop an attractive environment for asset managers.

Conduct, Culture & Accountability

SEBI Warning Letter to ICICI Bank Over Investor Outreach

By Ajoy K Das | 07/06/2024

ICICI Bank called shareholders of its securities unit seeking their votes to approve a delisting plan.

Trading & Investment

CSRC Addresses Market Fears About Stock Delistings

By Editors | 07/06/2024

The CSRC said there won’t be a significant increase in the number of delisted companies in the short term.

Payments & Settlements

Significant Progress Made on Cross Border Payments: CPMI

By Manesh Samtani | 07/06/2024

More work is needed to integrate cross-border projects with domestic systems, and to extend the operating hours of key payment systems.

Structural Regulation

KRX to Provide Consulting to Support Corporate “Value Up” Plans

By Editors | 06/06/2024

One-on-one customised consulting will be provided to 100 small and medium-sized listed companies to help them establish and disclose their Value Up plans.

Trading & Investment

HKMA Exploring Further Enhancements to Wealth Connect

By Editors | 06/06/2024

The individual investor quota was tripled this year, but it is still “not quite enough for private bank clients”, said HKMA’s Eddie Yue.

Structural Regulation

Australia Introduces Legislation to Regulate BNPL Sector

By Sanday Chongo Kabange | 06/06/2024

BNPL providers will need to hold a licence and comply with existing credit laws, including requirements to conduct affordability checks.

Trading & Investment

BOK Invites Domestic Banks to Handle Cross-currency FX Trades

By Manesh Samtani | 06/06/2024

Domestic banks can apply to participate in non-won FX transactions needed for managing Korea’s foreign exchange reserves.