Structural Regulation

Structural Regulation

HKMA Moves to Reduce LIBOR-related Reporting Frequency

By Editors | 24/12/2021

The move from monthly reporting back to quarterly reporting means the next reporting position after December 2021 will be March 2022.

Structural Regulation

Regulatory Limits on Fees Will Not Apply to Accredited Investors: SEBI

By Mark Johnston | 23/12/2021

SEBI has clarified that the fees charged to accredited investors will not be subject to caps specified in existing guidelines for investment advisors and portfolio managers.

Trading & Investment

Taxing Securities Trades Will Reduce Competitiveness, says SET President

By Editors | 23/12/2021

SET president Pakorn Peetathawatchai Pakorn was responding to reports that the government is planning a 0.1 percent tax on securities trades.

Structural Regulation

Taiwan Proposes New Framework for Authorising Internet-only Insurers

By Sanday Chongo Kabange | 23/12/2021

Sponsors of internet-only insurers can include financial institutions and fintech companies. Applications are expected to open in August 2022.

Structural Regulation

SEC Issues New Disclosure Guidance for US-Listed Chinese Firms

By Sanday Chongo Kabange | 23/12/2021

The guidance focuses on the need for clear and prominent disclosure regarding the use of VIE and SPAC structures, and the associated legal and operational risks.

AI Risk & Governance

SEBI Forms New Advisory Committee on Technology

By Editors | 22/12/2021

The new committee will issue recommendations on existing technology projects and propose new suptech and regtech tools to improve SEBI’s capabilities.

Structural Regulation

CSRC to Bar Mainlanders from Using Northbound Stock Connect

By Sanday Chongo Kabange | 22/12/2021

A CSRC rule amendment will specify that mainland investors are not to be included as qualified investors in the northbound legs of Stock Connect.

Conduct, Culture & Accountability

Australia Announces Reforms to Proxy Advice Regime

By Editors | 22/12/2021

The reforms extend AFS licensing requirements to a greater range of proxy adviser activities, as well as enhance transparency of super funds’ voting records.

Conduct, Culture & Accountability

NSE India Launches New Corporate Governance Framework

By Editors | 22/12/2021

Listed companies that voluntarily choose to be part of ‘NSE Prime’ will need to comply with higher corporate governance standards and disclosure requirements.