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

PEPs & Sanctions
Shipping Groups Seeking “Sanctions-proof” Contracts with China
By Editors | 17/05/2023
Shipping groups are reportedly seeking to insert clauses in their contracts that would allow them to cancel deals with Chinese counterparts due to sanctions.

Structural Regulation
MAS Issues “Close-to-Final” Derivatives Reporting Rule Updates
By Manesh Samtani | 16/05/2023
MAS set October 2024 as the commencement date for its new OTC derivatives reporting rules, aligning with ASIC.

Cryptocurrency
US SEC Responds to Coinbase Request for Regulatory Clarity
By Editors | 16/05/2023
The SEC said it has no obligation to issue the “broad new regulations” for digital assets that Coinbase has requested.

Structural Regulation
Banks Must Ensure LIBOR Transition Work is Complete: RBI
By Editors | 14/05/2023
No new transactions should be undertaken using USD LIBOR or MIFOR, and appropriate fallbacks must be in place in legacy contracts.

Trading & Investment
IOSCO Issues Guidance on Good Practices For ETFs
By Editors | 14/05/2023
The good practices cover effective product structuring, disclosure, liquidity provision, and volatility control mechanisms.

Trading & Investment
Korea Offers Tax Benefits to Investors in High Yield Bond Funds
By Editors | 14/05/2023
The incentive is expected to help boost the demand for mid- and low-credit grade corporate bonds in the market.

Structural Regulation
MAS Reappoints Ravi Menon as Head for Two More Years
By Editors | 14/05/2023
Menon will serve as Managing Director until 31 May 2025 or his retirement from the Singapore Public Service, whichever is earlier.

Structural Regulation
SSE, SZSE Issue Updated Guidelines for Infrastructure REITs
By Mark Johnston | 13/05/2023
The revised guidelines aim to optimise the review process, enhance information disclosures, and promote the infrastructure REITs market.

Trading & Investment
FSS Governor Promotes Korea Finance in Southeast Asia Tour
By Mark Johnston | 13/05/2023
FSS chief Lee Bok-hyun met with central bank governors and global investors to showcase the potential of Korea’s financial market.

Trading & Investment
EU Backtracks on Financial Advice Inducement Ban – Report
By Editors | 13/05/2023
The new plan is to limit the proposed ban on inducement payments to “execution-only” sales of investment products where no financial advice is delivered.
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