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

Trading & Investment
China Further Clamps Down on Quantitative Trading Strategies
By Manesh Samtani | 29/02/2024
Quant funds are asked to stop offering Direct Market Access products to external clients and to reduce their use of leverage for proprietary trades.

Conduct, Culture & Accountability
MAS Updates Guidelines for Fund Management Companies
By Manesh Samtani | 29/02/2024
The main amendment concerns compliance arrangements FMCs should have in place. MAS also reminded auditors of their FMC-related obligations.

Cybersecurity
Philippine SEC Consults on Cyber Resilience Guidance
By Sanday Chongo Kabange | 28/02/2024
The SEC and PSE are consulting proposed guidance for regulated entities on establishing and maintaining a cyber resilience framework.

Structural Regulation
Taiwan: FSC Offical Says No Need for BNPL Regulation
By Editors | 28/02/2024
FSC official said judicial and police authorities can already take action against BNPL operators that engage in illegal activities such as usury or illegal debt collection.

Structural Regulation
Philippine SEC Eases IPO Rules for Energy Firms
By Sanday Chongo Kabange | 28/02/2024
The SEC has simplified registration procedures for energy firms to offer and sell shares to the public.

Payments & Settlements
EU Council Adopts New Rules Mandating Instant Payments
By Manesh Samtani | 27/02/2024
Banks and other payment service providers will be required to offer instant payments to consumers and businesses.

Trading & Investment
SEBI Proposes to Relax Requirements for Mutual Funds
By Ajoy K Das | 27/02/2024
Separate dedicated fund managers would no longer need to be appointed for commodity and overseas investments.

Cryptocurrency
Crypto Firm Kraken Files Motion to Dismiss SEC Lawsuit
By Mark Johnston | 27/02/2024
Kraken argues that the SEC has no authority over its operations as the cryptocurrencies it offers are not securities or investment contracts.

Trading & Investment
Malaysia Commits to Cutting IPO Approval Time to Three Months
By Editors | 27/02/2024
IPO applications submitted from 1 March 2024 will take just 3 months for approval, down from the current 4-12 months typically required.

Trading & Investment
Wealth Connect Enhancements to Drive Investment: HSBC
By Nithya Subramanian | 27/02/2024
Around a quarter of WMC investors intend to invest CNY 1 million or more via the Scheme in the next 12 months.
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