Structural Regulation

PEPs & Sanctions

SGX Issues Directions to Listed Issuers on Sanctions Compliance

By Manesh Samtani | 08/03/2022

Gazprom’s GDR listing on SGX has been suspended. Issuers are directed to suspend trading if they are subject to sanctions or engaging in sanctioned business dealings with Russia.

Conduct, Culture & Accountability

HKMA Seeks to Reassure Bankers Over Covid Restrictions

By Editors | 07/03/2022

Concerns are mounting over closed schools and bars, banned flights, and a plan to launch a mass testing programme that may be coupled with a citywide lockdown.

Structural Regulation

Philippine SEC Implements Caps on Loan Rates, Fees

By Mark Johnston | 07/03/2022

The caps were prescribed to curb predatory and abusive practices by lending and financing companies including on online platforms.

Clearing & Post-Trade

SEBI Extends Timeline for Brokers to Segregate Client Collateral

By Editors | 07/03/2022

The implementation timeline for the new framework on client collateral segregation and monitoring has been extended to 2 May 2022.

Payments & Settlements

BSP Approves Reporting Rules for Payment System Operators

By Mark Johnston | 07/03/2022

Compliance requires effective a management information system that enables independent validation and periodic independent review of reporting processes and procedures.

Structural Regulation

FSC Korea Amends Rules to Promote Overseas Expansion of FIs

By Editors | 06/03/2022

The FSC has eased reporting requirements for Korean financial institutions engaged in operations and investment activities overseas.

Structural Regulation

SFC, HKEX Fine HSBC Securities for Regulatory Breaches

By Editors | 04/03/2022

The firm made errors when assigning BCANs to clients. It also oversold China securities due to deficiencies in its order management and algorithmic trading systems.

Trading & Investment

SEBI to Allow FPIs to Access Commodities Derivatives Market

By Editors | 03/03/2022

SEBI proposes to scrap rules that require foreign investors to have actual commodity exposure to participate in the exchange-traded commodity derivatives market.

Trading & Investment

JSDA Proposes Measures to Improve IPO Pricing Mechanism

By Editors | 03/03/2022

JSDA proposes to allow brokers greater flexibility in IPO price-setting, and to allow prices to exceed pre-set bands if demand is strong.