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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
Malaysia to Exempt Unit Trusts from CGT, FSI Tax
By Editors | 16/01/2024
The exemption on CGT is effective until 31 Dec 2028. The exemption on FSI is effective until 31 Dec 2026.

Structural Regulation
RBI Issues Draft Norms for Fintech SROs
By Ajoy K Das | 16/01/2024
Fintech SROs must strike a balance between facilitating innovation and implementing regulatory requirements that protect consumers and contain risks.

Trading & Investment
Beijing Stock Exchange Commences Corporate Bond Trading
By Nithya Subramanian | 16/01/2024
Three bonds raised a combined CNY 2.48 billion; enterprise bond trading on the BSE is expected to broaden China’s capital markets.

Clearing & Post-Trade
Australia Treasury Seeks Feedback on Clearing and Settlement Services Rules
By Mark Johnston | 16/01/2024
The draft regulations will specify the classes of clearing and settlement services that are subject to ASIC’s rules and the CCA’s arbitration regime.

Structural Regulation
SEBI Proposes to Ease Fundraising Rules for Listed Companies
By Ajoy K Das | 15/01/2024
SEBI proposes to allow certain public investors to contribute towards MPS without being classified as promoter

Payments & Settlements
BSP Grants Direct PhilPaSSplus Access to First Nonbank EMI
By Sanday Chongo Kabange | 12/01/2024
OmniPay’s direct access to PhilPaSSplus allows it to make efficient and low-risk funds transfers using central bank rails.

Trading & Investment
HKEX to Support More Mainland Firms to List in Hong Kong
By Sanday Chongo Kabange | 11/01/2024
Under the MoU, HKEX will support Xi’an-based companies that are interested in seeking a listing in Hong Kong.

Structural Regulation
New Bill to Give MAS Greater Investigative Powers
By Nithya Subramanian | 11/01/2024
The proposed law broadens the regulator’s power over unregulated businesses and expands its oversight on key appointments and removals.

Structural Regulation
Korea’s FTC Probes Four Banks for Secured Loan Collusion
By Mark Johnston | 11/01/2024
The banks have been accused of maintaining similar terms and conditions to avoid price wars and maximise profits.

Structural Regulation
Teething Issues: OTC Derivatives Reporting Rewrites in APAC
By Manesh Samtani | 10/01/2024
The more challenging aspects of implementation involve jurisdiction-specific data fields, the UTI waterfall, UTI generation, and ISO 20022.
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