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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
Exchanges Publish Draft Rules to Expand Stock Connect
By Editors | 20/01/2023
The draft rules cover changes to align the Mainland and Hong Kong’s trading calendars and expand the scope of stocks that can be traded via Stock Connect.

Structural Regulation
JPMorgan, StanChart Win New China Approvals
By Editors | 20/01/2023
JPMorgan won approval to take full ownership of its fund management venture. StanChart won approval to set up a new securities brokerage.

Alternative Markets
CSRC Optimises Rules for PE Funds by Securities, Futures Firms
By Editors | 19/01/2023
The rules are aimed at improving the ability of private equity investments to serve the real economy and support innovative businesses.

Structural Regulation
Taiwan Approves Merger Between Taipei Fubon and Jih Sun Bank
By Editors | 19/01/2023
Taipei Fubon Bank as the surviving entity will be Taiwan’s third-largest bank by assets after Bank of Taiwan and CTBC Bank.

Trading & Investment
Deutsche Bank Issues First Panda Bond in China for 2023
By Editors | 18/01/2023
The panda bond is the first since the introduction of new rules that allow foreign issuers to freely use the proceeds overseas without restriction.

Structural Regulation
India Considers Law to Curb Unfair Practices by Big Tech
By Mark Johnston | 18/01/2023
The proposal would aim to prevent anti-competitive behaviour by dominant online platforms, similar to the EU’s Digital Markets Act.

Structural Regulation
SEBI Proposes to Allow PE Funds to Sponsor Mutual Funds
By Editors | 18/01/2023
The changes will draw fresh capital into the fund industry, encourage more competition, and allow easier exits for existing sponsors.

Clearing & Post-Trade
ESMA Adds TAIFEX to List of Recognised Third Country CCPs
By Editors | 18/01/2023
The recognition allows European financial institutions to apply the minimum risk weight of 2 percent for exposures to TAIFEX derivatives.

Cybersecurity
China Further Signals End to Tech Sector Crackdown
By Manesh Samtani | 18/01/2023
Didi passed its security review and is allowed to resume onboarding new customers. Government entities are acquiring “golden shares” in some tech giants.

Structural Regulation
RBI Tightens Rules on Ownership of Bank Shares
By Mark Johnston | 17/01/2023
The rules are intended to ensure control and ownership stay “well-diversified” and major shareholders are ‘fit and proper’.
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