ADVERTISEMENT
Structural Regulation
Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.
Structural Regulation
ASIC Fines ALT Financial Group for Failing To Lodge Financial Reports
By Editors | 29/03/2023
The fine was one of the largest ever issued by ASIC for failures to lodge financial reports. ALT Financial Group was convicted in absentia on 13 ASIC charges.
Trading & Investment
Credit Agricole Launches Investment Banking Unit in China
By Editors | 29/03/2023
The new investment banking unit will focus on cross-border M&A, encompassing purchases, disposals and capital raising.
Structural Regulation
CSRC Proposes to Update Rules for Futures Companies
By Editors | 28/03/2023
Futures companies will be allowed to expand their business scope to areas like consulting, market-making, proprietary trading and asset management.
Structural Regulation
Alibaba to Split Into Six Independent Business Units
By Editors | 28/03/2023
Under a holding company structure, each unit will have its own board of directors, operate with autonomy, and raise funds independently including through spin-offs and IPOs.
Structural Regulation
Bursa Malaysia Extends Waqf Framework to REITs, ETFs
By Editors | 28/03/2023
Listing rule amendments enhance the post-listing disclosure framework for Islamic REITs and ETFs to provide transparency on the waqf arrangement.
Structural Regulation
SFC Consults on Subsidiary Legislation for Paperless Securities
By Editors | 27/03/2023
The subsidiary legislation covers operational and technical matters and the introduction of a more robust regulatory regime for securities registrars.
Structural Regulation
SFC Waives Annual Licensing Fees for 2023/24 Financial Year
By Editors | 27/03/2023
The annual licensing fees were first waived for the 2020/21 financial year for a one year period, but it has since been extended each year.
Resolution & Recovery
First Citizens Bank to Takeover SVB Deposits and Loans
By Manesh Samtani | 27/03/2023
The FDIC and First Citizens Bank & Trust Co will share the losses and potential recoveries on commercial loans made by SVB.
Structural Regulation
Hong Kong: New Regime for Depositaries to Start in Oct 2024
By Sanday Chongo Kabange | 27/03/2023
Electronic licensing forms for RA 13 will be available in Q3 2023. Depositaries operating in Hong Kong will then have four months to submit a licensing application.
Trading & Investment
Macau Launches Charles Li’s New Financial Assets Exchange
By Sanday Chongo Kabange | 27/03/2023
The exchange will trade in certificates that entitle holders to daily cash flows from micro and small businesses in Mainland China.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.