Structural Regulation

Structural Regulation

HKMA to Relabel ‘Virtual Banks’ as ‘Licensed Digital Banks’

By Sanday Chongo Kabange | 09/05/2024

The proposal is aimed at addressing negative connotations associated with the term “virtual bank” in Chinese.

Trading & Investment

SEBI Rejects NSE Proposal for Extended Trading Hours

By Ajoy K Das | 08/05/2024

SEBI cited a lack of feedback from the stock broking community. NSE has now shelved its extended time frame plan.

Structural Regulation

India to Update Listing Rules for GIFT City Exchanges

By Ajoy K Das | 08/05/2024

The proposed listing regulations take into account standards from IOSCO and best practices from other jurisdictions.

KYC & CDD

BNP Paribas Becomes Latest LEI Validation Agent

By Editors | 08/05/2024

BNP Paribas is the first G-SIB headquartered in the EU to join GLEIF’s Validation Agent programme.

PEPs & Sanctions

US Revokes Licences Allowing Chip Exports to Huawei

By Editors | 08/05/2024

Some companies have been notified that their licences to ship goods to Huawei are effectively revoked.

Trading & Investment

Singapore Examining Proposals to Boost Stock Market: Report

By Nithya Subramanian | 07/05/2024

The proposals would encourage stock investments by family offices, wealth management businesses, pension funds and sovereign funds.

Structural Regulation

MAS Issues Notice on Fund Data Submission Requirements

By Nithya Subramanian | 07/05/2024

Notice SFA 04-N23 specifies monthly and daily submission requirements applicable to managers of authorised CIS, excluding REITs.

Structural Regulation

Australia Consults on Regulations for Big Four Auditors

By Editors | 07/05/2024

Treasury is seeking views on stronger powers for the ATO and TPB and regulations for accounting, audit and consulting firms.

Structural Regulation

NZX Issues Consultation on Director Independence Settings

By Editors | 06/05/2024

NZX is undertaking a detailed review of its corporate governance settings relating to director independence.