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Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.
Structural Regulation
CSRC Accelerates Work to Update Rules for Overseas Listings
By Darien Choong | 13/04/2022
To enable US regulators to participate in domestic on-site inspections, CSRC chairman Yi Huiman said China may need to become a signatory to IOSCO’s EMMoU.
Trading & Investment
Indonesia Stock Exchange to Allow Structured Warrant Listings
By Editors | 13/04/2022
New regulations allow exchange members to issue structured warrants for listing and trading on the IDX. Structured warrants must have a liquidity provider.
Market Data & Technology
HKEX Set to Launch New Electronic Communication Platform
By Editors | 12/04/2022
Phase 1 of the rollout will allow exchange participants to use the new platform to download day-end trade files and closing price files, starting from 25 April.
Market Data & Technology
DSB Publishes Draft Legal Documentation for Future UPI Users
By Manesh Samtani | 12/04/2022
The expected UPI reporting timeline has been revised to late Q4 2023 instead of Q3 2022, which the DSB says will help market participants’ implementation efforts.
Structural Regulation
Australia Proposes Regulatory Changes to Make M&A More Efficient
By Sanday Chongo Kabange | 12/04/2022
The consultation seeks feedback on whether schemes of arrangement which relate to changes in corporate control should be regulated by the Takeovers Panel rather than the Court.
Structural Regulation
Bangladesh Bank Commences Work on Digital Bank Framework
By Editors | 12/04/2022
The new regulatory guidelines will require digital banks to hold the same levels of capital as conventional banks.
Cryptocurrency
Singapore Crypto Firms Offered Clarity on Advertising Ban
By Darien Choong | 12/04/2022
Industry bodies have formed a task force to draft a code of practice to address issues around marketing and advertising of crypto services, as suggested by MAS.
Structural Regulation
SEBI Forms New Committee to Enhance Governance of MIIs
By Editors | 12/04/2022
The committee will suggest measures to improve governance at market infrastructure institutions, including NSE, which experienced lapses during the tenure of its former CEO.
Trading & Investment
ASIC Extends Product Intervention Order Targeting CFDs
By Editors | 12/04/2022
Since the product intervention order took effect in March 2021, ASIC has observed few losses, margin close-outs, and negative balance occurrences affecting retail client.
Structural Regulation
FSA Issues Guidance for Asset Managers Moving to Japan
By Editors | 12/04/2022
Regulatory requirements have also been amended to allow foreign securities companies entering the Japanese market to submit their registration applications in English.
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