Structural Regulation

Structural Regulation

UK Proposes Draft Legislation to Regulate BNPL Products

By Editors | 15/02/2023

The legislation will bring BNPL products under the FCA’s regulatory remit, and require BNPL providers to conduct affordability checks.

Trading & Investment

Beijing Bourse Launches Margin Trading, Securities Lending

By Editors | 15/02/2023

On Monday, eligible securities firms were for the first time allowed conduct margin trading and securities lending transactions on the Beijing Stock Exchange.

Structural Regulation

SEBI Enhances Regulatory Obligations for Important Stock Brokers

By Editors | 14/02/2023

SEBI will designate certain stockbrokers as ‘qualified stock brokers’ and require them to meet enhanced obligations and responsibilities.

Structural Regulation

Japan, EU Establish Cooperation Framework on Insurance Supervision

By Editors | 14/02/2023

The cooperation framework promotes mutual understanding, exchange of information and technical assistance between the FSA and EIOPA.

PEPs & Sanctions

UK Adds Russia Sanctions, EU Prepares Next Package

By Manesh Samtani | 14/02/2023

The US will crack down on facilitators and third-country providers helping Russia evade sanctions, whether “wittingly or unwittingly”.

Structural Regulation

CFIUS Confirms ‘Excepted Foreign State’ Status for UK, New Zealand

By Editors | 13/02/2023

UK and New Zealand investors do not have to undergo national security reviews for noncontrolling investments in the US.

PEPs & Sanctions

US Blacklists Six Chinese Entities Over Alleged Spy Balloons

By Editors | 13/02/2023

The economic restrictions will make it more difficult for the five companies and one research institute to obtain US technology exports.

Structural Regulation

Vietnam Considers Higher Foreign Ownership Limits at Banks

By Editors | 12/02/2023

A higher foreign ownership limit of 49 percent is being considered for banks that participate in restructuring weak credit institutions.

Structural Regulation

PBOC Issues New Rules for FHCs on Related-Party Transactions

By Editors | 12/02/2023

Financial holding companies have to set upper limits for related-party transactions and establish systems for their management, reporting and disclosure.