Structural Regulation

Conduct, Culture & Accountability

Australia Releases Terms of Reference for Quality of Advice Review

By Editors | 18/03/2022

The review presents will assess how the regulatory framework for financial advice could deliver better outcomes for consumers.

Trading & Investment

Hong Kong’s First SPAC Listing Debuts on HKEX Main Board

By Sanday Chongo Kabange | 18/03/2022

Aquila Acquisition Corporation was the first SPAC in Hong Kong to win approval from HKEX for a listing since the city’s SPAC listing regime was introduced.

Conduct, Culture & Accountability

NZ FMA to Publish Revised Conduct Guide for Consultation Soon

By Ranamita Chakraborty | 18/03/2022

The conduct guide sets out principles that financial services providers should apply when they are designing products or delivering services to the public.

Trading & Investment

SFC Seeks to Allow Broker Participation in GBA Wealth Connect

By Sanday Chongo Kabange | 18/03/2022

A hurdle that still needs to be overcome is that Hong Kong brokerages are currently prohibited from distribution and soliciting clients in mainland China.

Market Data & Technology

IBA Launches ICE Term SOFR Reference Rates

By Editors | 17/03/2022

The launch of ICE Term SOFR provides certainty when borrowers and lenders calculate their interest expenses and other contractual payments in advance.

Structural Regulation

China to Concede to US Regulators on Audit Supervision Issue

By Mark Johnston | 17/03/2022

Chinese regulators plan to allow some companies to provide some audit information to the PCAOB, and provide additional clarity on what information can and cannot be disclosed overseas.

Structural Regulation

SSE and SZSE to Accept Listings of BSE Companies

By Editors | 17/03/2022

Companies listed on the Beijing Stock Exchange can transfer to the SSE’s STAR Market or the SZSE’s ChiNext board.

Conduct, Culture & Accountability

Taiwan FSC Penalises Shin Kong Over Governance, Control Failures

By Editors | 16/03/2022

Shin Kong Financial Holding executives were taking directions from the former group chairman, who was barred in 2020.

Structural Regulation

Thai SEC Revises Definitions for Institutional, HNW Investors

By Editors | 16/03/2022

Institutional investors will include those with the ability to analyse and absorb risks in complex and high-risk products, such as VC and PE firms, investment analysts, and company directors.