Structural Regulation

Trading & Investment

Malaysia Allows Dealer’s Representatives to Expand Services

By Editors | 17/04/2023

DRs can apply for additional licences to engage in investment advice, financial planning, restricted dealing in unit trust products, dealing in private retirement schemes.

Trading & Investment

CFFEX Set to Launch 30 Year Treasury Bond Futures

By Editors | 16/04/2023

CFFEX already offers futures trading in 2-year, 5-year, and 10-year treasury bond futures. The 30-year contract will start trading on Friday (21 April).

Conduct, Culture & Accountability

CSRC Consults on Rules to Enhance Independent Director System

By Editors | 16/04/2023

A qualification system, code of professional ethics, and information database for independent directors of listed companies will be established.

Structural Regulation

ACCC Proposes Reforms to Australia’s Merger Laws

By Editors | 16/04/2023

Current laws do not require merger parties to notify the ACCC of planned mergers, or to wait for clearance before they complete the merger.

PEPs & Sanctions

US Commerce Dept Adds 12 Chinese Entities to Entity List

By Editors | 15/04/2023

The entities allegedly acquired or attempted to acquire US-origin items in support of Russia’s military effort.

Structural Regulation

Almost $3b Locked Up in Hong Kong MPF Accounts

By Editors | 14/04/2023

Advocacy group Hong Kong Watch estimates 96,000 people are being prevented from access their MPF funds after they moved to the UK with BNO passports.

Structural Regulation

Australia Consults on Super Fund Financial Reporting Requirements

By Sanday Chongo Kabange | 13/04/2023

New financial reporting and auditing requirements for super funds will be consistent with those that apply to public companies and registered schemes.

Structural Regulation

UK Authorities Issue Statement on Upcoming Cessation of USD LIBOR Panel

By Mark Johnston | 13/04/2023

The statement emphasises the importance of active transition and reminds participants that synthetic LIBOR can only be used as a temporary bridging tool.

Resolution & Recovery

UBS-Credit Suisse Merger Continues to See Opposition

By Editors | 13/04/2023

Swiss lawmakers symbolically voted against a liquidity package to support the merger, which is expected to formally close within a few months.