Structural Regulation

Trading & Investment

SEBI Allows FPIs Direct Access to Commodity Derivatives Market

By Editors | 12/05/2023

Direct access will enable FPIs to have direct control over orders and implement better hedging and arbitrage strategies, SEBI said.

Structural Regulation

China to Appoint Veteran Banker to Head New Super-Regulator

By Editors | 12/05/2023

Li Yunze will head the NFRA (National Financial Regulatory Administration) as part of a broader restructuring of China’s financial regulatory regime.

Structural Regulation

Taiwan Central Bank Doesn’t Want to Run Sovereign Wealth Fund

By Editors | 11/05/2023

Lawmakers proposed to give the central bank powers to operate a sovereign wealth fund using foreign exchange reserves.

Structural Regulation

IOSCO Publishes Guidance on Enhancing SPAC Regulations

By Editors | 10/05/2023

The report focuses on addressing dilution risk, the protection of retail investors, and the “significant backlog” of SPACs seeking to avoid liquidation.

Trading & Investment

Hong Kong Passes Bill to Grant Tax Incentives to Family Offices

By Editors | 10/05/2023

The tax concession will be applicable to any years of assessment commencing on or after 1 April 2022.

Structural Regulation

International Court Reduces Compensation Korea Has to Pay Loan Star

By Editors | 09/05/2023

The Korean government would still have to pay $216mn to US private equity firm Lone Star, despite the reduction.

Market Data & Technology

Philippine SEC Issues Guidelines on Financial Instrument Identifiers

By Editors | 09/05/2023

The SEC issued guidelines on the allocation of ISIN, CFI and FISN codes to financial instruments in the Philippines.

Structural Regulation

FSC Korea to Lower Regulatory Burden for Firms Seeking M&A

By Sanday Chongo Kabange | 09/05/2023

The FSC will ease requirements on potential buyers to prove their financial capacity and set up facilities to help finance M&A activity.

Trading & Investment

HSBC Strikes Deal to Buy Out China Fund Management JV

By Editors | 09/05/2023

HSBC has reportedly signed an agreement to raise its stake in the joint venture from  49 to 100 percent, subject to regulatory approval and other conditions.