Structural Regulation

Payments & Settlements

Mastercard Commences Bank Card Clearing Business in China

By Editors | 14/05/2024

Mastercard is the second overseas bank card clearing institution to start operating in China, after Amex in 2020.

Structural Regulation

MAS Finalises Rules for New OTC Derivatives Reporting Regime

By Manesh Samtani | 14/05/2024

The final regulations come into operation on 21 October 2024, introducing the UPI, UTI, CDE and ISO 20022 in reporting.

Structural Regulation

MAS Appoints New Chairman of the Board

By Nithya Subramanian | 14/05/2024

Minister for Trade and Industry Gan Kim Yong has been appointed Chairman for a two-year period.

Trading & Investment

SGX Lists First ETF Tracking APAC Financial Sector

By Nithya Subramanian | 14/05/2024

The ETF is a collaboration between SGX, Lion Global Investors and OCBC Securities.

Trading & Investment

China Mulls Tax Exemption for Stock Connect Investors

By Editors | 14/05/2024

The proposal to scrap the dividend tax for mainland Stock Connect investors was submitted in March by the SFC’s Tim Liu.

Structural Regulation

SEBI Proposes Reduced Regulatory Burden on REITs, InvITs

By Ajoy K Das | 13/05/2024

SEBI also proposes to speed up distributions to unitholders and enable them to attend and vote at meetings remotely.

Trading & Investment

FSS Korea Proposes Measures to Boost Trust in Underwriters

By Mark Johnston | 13/05/2024

The measures will strengthen due diligence, disclosure and IPO pricing standards; KRX facing criticism over delayed IPO approvals.

Structural Regulation

SEBI to Ease Disclosure Rules for Non-convertible Securities

By Ajoy K Das | 13/05/2024

SEBI proposed to remove requirements to disclose the PAN and personal addresses of promoters.

Structural Regulation

HKMA Issues Revised Guideline on SFC-registered AIs

By Editors | 13/05/2024

The revised module aims to serve as a “convenient regulatory handbook” for HKMA-authorised institutions that are also registered with the SFC.