ADVERTISEMENT
Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.
Capital Adequacy
UOB to Acquire Citi Consumer Banking Units in Four Markets
By Manesh Samtani | 17/01/2022
The transaction is estimated to reduce UOB’s CET1 ratio by 70 basis points to 12.8 percent, which is considered not material and “well within regulatory requirements”.
Structural Regulation
PBOC to Grant Local Authorities Greater Role in Financial Supervision
By Editors | 16/01/2022
New draft regulations open for consultation will strengthen the supervisory and risk disposal responsibilities of local governments within their territories.
Structural Regulation
SEBI Issues Guidelines on Penalties for Issuer Disclosure Failures
By Editors | 16/01/2022
The guidelines specify fines amounting to INR 5,000 per day for delays in disclosing information about board and shareholder meetings, and non-submission of quarterly and annual financial results.
Structural Regulation
China’s NPC Standing Committee Revises Company Law
By Darien Choong | 16/01/2022
The law strengthens the responsibilities, loyalty and diligence obligations of controlling shareholders and management personnel to protect investors.
Data Privacy
Policy Reforms Needed for Platform-based Financial Services: BIS
By Sanday Chongo Kabange | 13/01/2022
A BIS paper says platform-based business models can lower costs and aid financial inclusion, but they can also give rise to digital monopolies and oligopolies.
Structural Regulation
PBOC Enhances Registration System for Movable Assets and Rights
By Darien Choong | 13/01/2022
Under a unified registration system, the PBOC will assume responsibility for pledges of movable assets and rights from the SAMR.
Structural Regulation
SEBI Requires Debt Issuers to Disclose Related Party Transactions
By Sanday Chongo Kabange | 13/01/2022
High-value debt listed entities must submit reports on their related party transactions to stock exchanges every six months.
Conduct, Culture & Accountability
CBSL Issues Corporate Governance Rules for Finance Companies
By Duruthu E Chandrasekera | 12/01/2022
Directors must undergo annual performance assessments and impose measures to limit related party transactions and manage conflicts of interest.
Climate Risk
WEF Calls for Global Coordination to Address Emerging Risks
By Sanday Chongo Kabange | 12/01/2022
The climate crisis, growing social divides, heightened cyber risks, an uneven global recovery and competition in space were cited as key risks.
Trading & Investment
HKEX, SZSE Expand Capital Markets Cooperation Agreement
By Editors | 12/01/2022
HKEX and SZSE will conduct joint forums and workshops, and take part in reciprocal short-term training and secondment programmes for their employees.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.