Structural Regulation

Trading & Investment

JSDA to Propose Shorter Time-to-Market for Japan IPOs – Report

By Editors | 04/01/2022

The JSDA will propose that IPO subscriptions be allowed during book-building, rather than having investors wait until the offer price is determined.

Trading & Investment

BOK Selects 2022 Market Makers for Won-Yuan Direct Market

By Editors | 04/01/2022

Six domestic banks and five foreign banks were selected to serve as market makers of the KRW-RMB direct trading market in 2022.

Trading & Investment

Malaysia Raises Stamp Duty on Stock Transactions

By Editors | 03/01/2022

The stamp duty on share contract notes has been raised from 0.1 percent to 0.15 percent, subject to a MYR 1,000 cap.

Structural Regulation

Morgan Stanley Closer to Full Ownership of China Brokerage

By Sanday Chongo Kabange | 03/01/2022

Morgan Stanley will increase its stake in its China securities joint venture to 94 percent, subject to regulatory approvals.

Market Data & Technology

Tokyo Bourse Tests Earnings Report Disclosure in HTML Format

By Editors | 03/01/2022

HTML will make text conversion, mechanical processing, and Japanese-to-English translation of the disclosed information easier compared to PDF, the TSE said.

Conduct, Culture & Accountability

HK Regulators to Assess Sales Practices of Tax-deductible Products

By Mark Johnston | 03/01/2022

A mystery shopping programme is being launched by the HKMA, MPFA and IA to assess the extent to which statutory and regulatory objectives are being met by intermediaries.

Clearing & Post-Trade

Sri Lanka Takes Step Forward on CCP Establishment

By Duruthu E Chandrasekera | 03/01/2022

A newly-formed committee will identify the CCP’s operating model and propose the necessary procedures for its establishment, including procurement.

Trading & Investment

FSC Korea Says LIBOR Transition Progressing Smoothly

By Sanday Chongo Kabange | 31/12/2021

The CD rate has been actively replaced with Korea’s new RFR, known as KOFR, since its introduction on 25 November, the FSC said.

Conduct, Culture & Accountability

Australia to Ease Regulatory Requirements for Financial Advisers

By Editors | 30/12/2021

The government proposes to recognise on-the-job experience as meeting financial adviser education requirements. It will also review ways to simplify other compliance obligations.