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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
SGX Lists First Thai Stocks as Depository Receipts
By Manesh Samtani | 31/05/2023
The first three SDRs were issued by Phillip Securities, representing beneficial ownership interest in the underlying securities of three SET50 companies.

Trading & Investment
South Korea Tightens Regulations on CFD Trading
By Ranamita Chakraborty | 30/05/2023
Until the new measures are implemented in the next three months, new CFD trading by individual investors will be restricted.

Payments & Settlements
RBA Publishes Findings from Payments Infrastructure Review
By Sanday Chongo Kabange | 30/05/2023
The external review was conducted by Deloitte in response to a four-hour outage suffered by the RBA in October 2022.

Conduct, Culture & Accountability
SEBI Proposes to Strengthen Investor Grievance Handling Process
By Ranamita Chakraborty | 29/05/2023
SEBI is seeking to streamline the complaints redressal process and introduce a two-tier review system.

Structural Regulation
EU Commission Grants Antitrust Approval for UBS-Credit Suisse Merger
By Editors | 29/05/2023
The UBS acquisition of Credit Suisse has been approved in the EU, but is being complicated in China by regulatory requirements.

Trading & Investment
CSRC Confirms Plans to Open More Futures Products to Foreign Investors
By Editors | 29/05/2023
Vice chairman Fang Xinghai said the CSRC plans to open more futures products to overseas investors and attract more foreign institutions to participate in the futures market.

Structural Regulation
CSRC Allows Morgan Stanley to Fully Own Futures Unit
By Editors | 28/05/2023
The new unit will be the second futures business in China to be wholly owned by a foreign bank, after JPMorgan Chase won a similar approval in 2020.

Structural Regulation
Australia to Expand AFCA Remit to Superannuation
By Sanday Chongo Kabange | 25/05/2023
Proposed changes will allow AFCA to hear complaints relating to superannuation whether or not they meet the definition of superannuation complaint in the Corporations Act.

Structural Regulation
HSBC Planning Exit from Up to a Dozen Markets – Report
By Editors | 25/05/2023
It is not yet known which jurisdictions HSBC is considering exiting, but they are understood to be relatively small markets that may have underperformed.

Trading & Investment
SEBI Proposes to Cut IPO Listing Timelines in Half
By Mark Johnston | 24/05/2023
The proposal is expected to improve the efficiency and transparency of the IPO process and provide faster access to capital.
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