Structural Regulation

Structural Regulation

Hong Kong to Raise Bank Licence Fees Nearly 30%

By Manesh Samtani | 22/03/2024

An HKMA review concluded that the proposed increase in fees should be “manageable” for affected financial institutions.

Structural Regulation

Thailand Opens Applications for Virtual Bank Licences

By Editors | 21/03/2024

True Corp, Gulf Energy Development and Siam Commercial Bank’s holding company are among those planning to apply for a licence.

Trading & Investment

SGX Announces New Listing Under Shanghai ETF Link

By Ranamita Chakraborty | 21/03/2024

The listing strengthens the collaboration between SGX and SSE, expanding their ETF product link to three offerings in total.

Conduct, Culture & Accountability

HSBC Wins Taiwan Approval to Serve High-net-worth Clients

By Editors | 21/03/2024

HSBC is the first foreign bank subsidiary in Taiwan to receive the approval to offer wealth management services to high-net-worth clients.

Trading & Investment

SEBI to Require ‘Audio-Visual’ Disclosures With IPO Offer Documents

By Ajoy K Das | 21/03/2024

Audio-visual representations of disclosures made in IPO offer documents will help investors better understand the features of the offer, SEBI said.

Structural Regulation

Taiwan to Lower Shareholding Disclosure Threshold on 10 May

By Editors | 20/03/2024

The threshold that triggers requirements to disclose substantial shareholdings will be lowered from 10% to 5%. Reporting will also shift from paper-based to electronic.

Structural Regulation

Hong Kong LegCo Passes New National Security Law

By Editors | 20/03/2024

Lawmakers say the law was necessary to protect Hong Kong’s status as an international hub. Critics express concern that it could be used to erode civil liberties.

Conduct, Culture & Accountability

CFTC Fines US Bank, Oppenheimer for Record Keeping Failures

By Editors | 20/03/2024

US Bank was fined $6mn and Oppenheimer $1mn. Last month, the SEC also announced fines against Oppenheimer and a US Bank affiliate in a related case.

Structural Regulation

SEBI Approves Rule Changes to Lower Burden on Listed Companies

By Ajoy K Das | 20/03/2024

Companies will no longer have to maintain a 1% security deposit for public or rights issues of equity shares. They will also have more time to fill KMP vacancies.