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

Payments & Settlements
RBI Announces Regulatory Framework for Cross Border Transactions
By Ajoy K Das | 02/11/2023
Non-banks facilitating import and export payment transactions must initially have a minimum net worth of INR 150 million.

Structural Regulation
India Paves the Way for Foreign Listing of Public Companies
By Ajoy K Das | 02/11/2023
One of the first jurisdictions that will be permitted is expected to be GIFT City. Other foreign jurisdictions will be considered thereafter.

Reporting & Disclosures
How Singapore is Leading Innovation in Transparency for the Knowledge Economy
By Jarett Decker | 01/11/2023
Jarett Decker discusses Singapore’s new Intangibles Disclosure Framework, developed in just 12 months to tackle a complex problem that “languishes elsewhere”.

Structural Regulation
Australia Commences Review of 2021 Disclosure Law Amendments
By Editors | 01/11/2023
The review will seek to determine whether the 2021 amendments are working as intended.

Structural Regulation
SFC Consults on New Regulatory Requirements for Securities Registrars
By Manesh Samtani | 31/10/2023
General principles on outsourcing, systems integrity and security, and disclosure obligations are being added to the code of conduct.

Cloud & Infrastructure
RBI Allows Five MSME Lending Products to Exit Sandbox
By Ajoy K Das | 31/10/2023
Regulated entities are allowed to adopt the MSME lending products. The RBI also opened applications for its fifth sandbox cohort, which is “theme neutral”.

Trading & Investment
India to Require Private Companies to Dematerialise Securities
By Ajoy K Das | 31/10/2023
Private companies will have to ensure their securities are issued only in dematerialised form by 30 September 2024.

Data Privacy
RBI Amends Account Aggregator Framework to Promote Reciprocal Data Sharing
By Ajoy K Das | 31/10/2023
The RBI said some NBFCs enrolled only to access financial information from other firms without sharing their own financial information.

Clearing & Post-Trade
Hong Kong Gazettes IBOR-related Amendments to Clearing Rules
By Editors | 31/10/2023
Subject to negative vetting by LegCo, the rule changes will commence on 1 July 2024.

Structural Regulation
Malaysia Launches Maqasid Al-Shariah Guidance for Islamic Capital Market
By Mark Johnston | 30/10/2023
Malaysia’s SC says the principle-based document aims to enhance the authenticity and impact of Islamic capital market products and services.
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