Structural Regulation

Clearing & Post-Trade

CSRC Proposes to Enhance Securities Settlement System

By Darien Choong | 19/01/2022

The draft rules enable DvP settlement for proprietary and custody businesses involving institutional investors by linking securities transfers to cash payments.

Conduct, Culture & Accountability

Bursa Malaysia Enhances Rules on Board Independence, Diversity

By Editors | 19/01/2022

The rule amendments limit board tenure to 12 years, require the appointment of at least one woman director, and enhance transparency on board appointments.

Supervision & Enforcement

IOSCO Calls for Greater Use of Global Supervisory Colleges

By Editors | 19/01/2022

Global supervisory colleges can help strengthen cooperation between regulators, promote information sharing, and address market fragmentation.

Structural Regulation

CBIRC Targets Related Party Transactions with New Rules

By Manesh Samtani | 18/01/2022

Banks and insurers have to put in place mechanisms to identify, monitor and manage related parties and related party transactions by March 2022.

Cryptocurrency

ASIC Warns Against Investing Super in Crypto Assets

By Sanday Chongo Kabange | 18/01/2022

ASIC says individuals who set up self-managed super funds may be increasingly targeted by scammers to invest in crypto-assets.

Structural Regulation

Taiwan to Raise Penalties for Violations by Securities Firms

By Editors | 18/01/2022

The FSC is also lowering the threshold that triggers substantial shareholding declarations to promote greater transparency.

Conduct, Culture & Accountability

IOSCO Proposes Measures to Address Risks from Online Marketing

By Manesh Samtani | 18/01/2022

IOSCO proposes policy and enforcement measures to address risks in online marketing and distribution of financial products to retail investors.

Market Data & Technology

HKEX to Roll Out New Electronic Communication Platform

By Editors | 17/01/2022

The new platform will be rolled out in phases starting in early Q1, improving usability and paving the way for new functionalities to be added, HKEX says.

Payments & Settlements

MAS Gets New Mechanism to Transfer Excess Reserves to GIC

By Darien Choong | 17/01/2022

MAS will transfer about SGD 185 billion in excess reserves to the government in stages. GIC is estimated to become the world’s third-largest sovereign wealth fund as a result.