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Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.

Structural Regulation
StanChart Inaugurates Investment Banking Unit in China
By Editors | 26/03/2024
Standard Chartered applied for the licence in 2021 and was granted approval to commence operations in December last year.

Clearing & Post-Trade
ISDA to Commence Work to Update FX Standards
By Manesh Samtani | 26/03/2024
CEO Scott O’Malia said ISDA is also prioritising the development of a new industry notices hub and continuing to engage with US policymakers on the proposed Basel III reforms.

Structural Regulation
China’s Largest Brokerage Under Scrutiny for IPO Sponsor Role
By Editors | 26/03/2024
Citic Securities did not “directly reply” to a query from the SZSE on whether an IPO applicant it was sponsoring had overly concentrated shareholdings among a few individuals.

Trading & Investment
SEBI Directs AMCs to Stop Channelling Funds into Overseas ETFs
By Ajoy K Das | 26/03/2024
AMCs have to stop accepting money from investors to invest in overseas ETFs as an existing $1bn investment limit is close to being breached.

Payments & Settlements
India to Begin Work on Interoperable Online Banking Payments
By Ajoy K Das | 26/03/2024
NBBL, large banks and fintechs in talks to start work on the new platform next month.

Payments & Settlements
BSP Issues New Manual of Regulations for Payment Systems
By Sanday Chongo Kabange | 26/03/2024
The manual sets out rules and regulations governing the operations of the national payment system, as well as payment providers.

Conduct, Culture & Accountability
ESMA FInes Scope Ratings for Conflict of Interest Breaches
By Editors | 26/03/2024
ESMA said Scope fell short of the requirements under the Credit Rating Agencies Regulation on handling conflicts of interest.

Structural Regulation
RBI Finalises New Framework for SROs of Regulated Entities
By Ajoy K Das | 26/03/2024
The RBI will start receiving applications from entities seeking to gain recognition as self-regulatory organisations for each regulated entity sector.

Trading & Investment
TSE Launches New Initiative to Encourage Cross-border IPOs
By Manesh Samtani | 26/03/2024
The “TSE Asia Startup Hub” will recruit promising companies from across Asia and provide them support and encouragement to list in Japan.

Alternative Markets
Bursa Malaysia Announces Listing of First Business Trust
By Editors | 26/03/2024
The business trust listing structure is particularly suitable for capital-intensive infrastructure assets that have stable cash flows.
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