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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
Macau Exchange Signs Cooperative Agreement with LuxSE
By Editors | 25/04/2023
Under the agreement, MOX-listed securities can be admitted for listing and trading on LuxSE’s exchange-regulated market, the Euro MTF.

Cryptocurrency
US Government to Allow Voyager-Binance.US Deal to Proceed
By Editors | 24/04/2023
The DOJ is prepared to allow the deal to proceed, provided that the contentious elements be put on hold pending a legal appeal.

Trading & Investment
China to Open More Derivatives to QFIs in Q3: Sources
By Editors | 24/04/2023
Chinese regulators are said to also be considering a proposal to link a CME Group derivatives product with its China-listed counterpart.

Structural Regulation
ACCC Issues Paper Seeks View on Banks’ Rate-setting Practices
By Editors | 24/04/2023
ACCC chair says the inquiry will closely examine how banks make decisions on interest rates and any barriers consumers face in getting a better deal.

Structural Regulation
Singapore to Revert to Physical General Meetings in July
By Editors | 23/04/2023
Listed companies will have to hold general meetings at a physical space in Singapore, but they may also use virtual meeting technology to allow remote participation.

Resolution & Recovery
Credit Suisse AT1 Bondholders File Suit Against FINMA
By Editors | 22/04/2023
Investors representing over $5bn of Credit Suisse AT1 bonds are seeking redress for the losses they suffered during the takeover by UBS.

Supervision & Enforcement
Barclays to Close 21 ETN Products Following Over-issuance Incident
By Mark Johnston | 22/04/2023
Barclays will close nearly half of its US-listed ETNs. The bank was penalised by the SEC last year for over-issuing $17.7bn in securities.

Structural Regulation
RBA to Undergo Overhaul Following Comprehensive Review
By Editors | 21/04/2023
The review report suggests splitting the RBA’s board into a monetary board and a corporate governance board.

Structural Regulation
ACCC Defers Decision on ANZ-Suncorp Merger to End-July
By Editors | 20/04/2023
The timeframe can be extended if applicants agree. ANZ agreed to an ACCC request to extend the review period from 12 June to 28 July.

Structural Regulation
Ravi Menon Reported to be Leaving MAS This Year
By Editors | 20/04/2023
Ravi Menon is MAS’ longest-serving managing director. Former deputy managing director Chia Der Jiun is tipped to be Menon’s successor.
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