Structural Regulation

Conduct, Culture & Accountability

HKMA Eases Audio-Record Requirement for PLP Sales

By Editors | 01/09/2023

Banks selling PLP products can adopt other post-sale controls instead of audio recording the entire selling process.

Clearing & Post-Trade

ASIC, RBA Set Expectations for ASX Industry Engagement

By Editors | 01/09/2023

ASIC and the RBA directed ASX to use its new advisory group to seek advice on Australia’s possible implementation of T+1 settlement.

Structural Regulation

What SGX Regco Expects Of Disclosures Around Key Financial Indicators

By Boon Gin Tan | 31/08/2023

Boon Gin Tan and June Sim discuss SGX RegCo’s expectations of disclosures in respect of three financial indicators that are actively monitored.

Clearing & Post-Trade

HK Clearing Rules Updated to Account for Benchmark Reforms

By Manesh Samtani | 31/08/2023

The clearing obligation will no longer apply to transactions referencing LIBOR and EONIA, which have been discontinued.

Payments & Settlements

India, New Zealand Start Talks on UPI-based Payments Link

By Editors | 30/08/2023

NPCI and Payments NZ are in early discussions regarding the use of the UPI system to establish a cross-border payment link.

Cryptocurrency

SFC Grants In-Principle Approval to Swiss Crypto Bank, SEBA

By Manesh Samtani | 30/08/2023

SEBA plans to offer brokerage, advisory and asset management services in Hong Kong, covering securities, derivatives and crypto products.

Trading & Investment

Taiwan Allows Domestic Stocks to be Used as Collateral Overseas

By Editors | 30/08/2023

The measure will allow foreign investors to participate in overseas investment activities without having to sell their positions in Taiwan stocks.

Data Privacy

Australia Consults on CDR Expansion to Non-bank Lenders

By Editors | 30/08/2023

The Consumer Data Right regime will apply to the non-bank lending sector in stages, starting from 1 November 2024.

Cybersecurity

SEBI Enhances Market Infrastructure Requirements on Cyber Security

By Mark Johnston | 30/08/2023

The requirements cover data backups, the ability to rebuild critical systems, ransomware attack drills, and cyber audits.