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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 Gets In-Principle Approval for New Debt Fundraising Platform
By Sanday Chongo Kabange | 08/06/2023
The Securities Commission has granted Bursa and RAM in-principle approval to manage and operate a new debt fundraising platform.

Trading & Investment
RBI Permit Banks to Offer Non-deliverable FX Derivatives to Resident Indians
By Editors | 08/06/2023
HSBC India executed its first non-deliverable FX derivative transaction with Reliance Industries just a day after the RBI’s policy change.

Payments & Settlements
Cambodia, Thailand Launch Second Phase of QR Payments Link.
By Editors | 07/06/2023
Thais visiting Cambodia can use their mobile banking apps to make cashless payments by scanning KHQR codes displayed by merchants.

Trading & Investment
CME Group Sees Opportunities in China Derivatives Market
By Manesh Samtani | 07/06/2023
CME Group’s Russell Beattie said meetings with Chinese exchanges, regulators and brokerage firms were “overwhelmingly positive”.

Structural Regulation
Korea Approves Bill to Abolish Foreign Investor Registration System
By Sanday Chongo Kabange | 07/06/2023
The abolishment of the cumbersome registration system after 30 years is expected to boost foreign investment in Korean markets.

Trading & Investment
HKEX Permits 21 Firms to List RMB Share Counters
By Sanday Chongo Kabange | 07/06/2023
Nine market markers are permitted to conduct market making or liquidity providing activities in dual counter securities starting 19 June.

Structural Regulation
Philippines to Launch First Sovereign Wealth Fund by Year-end
By Editors | 07/06/2023
The Maharlika Investment Fund will be created by the end of this year, after the required legislation was passed by Congress last week.

Structural Regulation
ASIC Issues First DDO Stop Order Against CFD Distribution
By Sanday Chongo Kabange | 06/06/2023
ASIC said Mitrade Global relied on a retail investor questionnaire with “significant flaws”. The interim stop order was later revoked.

Trading & Investment
SEBI Orders Stockbrokers to Direct More Trades to RFQ Platforms
By Sanday Chongo Kabange | 06/06/2023
From 1 July, stockbrokers will have to channel at least 10% of their proprietary corporate bond trades by value through RFQ platforms.

Structural Regulation
SGX RegCo Resumes Watch Listing Process After Three Years
By Editors | 06/06/2023
SGX RegCo suspended the half-yearly watch-list reviews in June 2020. With the resumption, nine companies have been added to the list.
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