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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
Bursa Malaysia Partners With Cradle to Boost Startup Listings
By Editors | 07/09/2023
Cradle will help Bursa Malaysia gain market intelligence on the local startup ecosystem, aiding it in identifying potential candidates for listing at an early stage.

Structural Regulation
ASIC Directs Retail OTC Issuers to Improve DDO Compliance
By Sanday Chongo Kabange | 07/09/2023
ASIC said it will punish issuers of CFDs and other high-risk products for failure to comply with their design and distribution obligations.

Structural Regulation
China Passes Law Allowing Citizens to Sue Foreign Countries
By Editors | 07/09/2023
The previous law gave “absolute immunity” to foreign countries and their property, preventing any cases in Chinese courts against them.

Trading & Investment
Philippines Will Implement Short Selling Rules, Says Regulator
By Sanday Chongo Kabange | 07/09/2023
The SEC approved guidelines on short selling as early as 2018. It now says it is pushing to align its rules with major Asian markets.

Structural Regulation
Grab-Singtel Digital Bank Approved for Launch in Malaysia
By Editors | 07/09/2023
GXBank, backed by Grab, Singtel and Kuok Brothers, has become the first digital bank applicant to win approval to commence operations.

Clearing & Post-Trade
RBI, ESMA Close to Resolving Stand-Off Over CCPs – Report
By Manesh Samtani | 07/09/2023
Discussions regarding MoUs between the RBI and ESMA are reported to be progressing more smoothly and regularly.

Structural Regulation
RBI Calls on Fintech Industry to Establish Self-Regulatory Body
By Editors | 07/09/2023
The RBI’s Shaktikanta Das and T Rabi Sankar said an SRO would be the best way to regulate the fintech industry and establish best practice standards.

Conduct, Culture & Accountability
Taiwan FSC Suspends Executive for Unlicensed TV Appearances
By Editors | 06/09/2023
Uni-President Investment Consulting was fined and its general manager suspended because she discussed stock analysis on TV without an analyst licence.
Trading & Investment
China to Launch New State Investment Fund for Chip Sector
By Editors | 06/09/2023
The new fund will have a fundraising target of CNY 300 billion, a fifth of which will come from the Ministry of Finance.

Trading & Investment
Shanghai, Saudi Exchanges to Cooperate on Cross-Listings
By Manesh Samtani | 06/09/2023
The two exchanges will explore cross-listings of companies as well as ETFs, and also collaborate in areas such as fintech and ESG.
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