Structural Regulation

    Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.

    Conduct, Culture & Accountability

    ASIC Consults on How it Communicates Audit Review Findings

    By Mark Johnston | 15/12/2021

    ASIC proposes to start communicating with company directors more routinely regarding findings from its audit inspections.

    Structural Regulation

    SAFE Revises Reporting Requirements for Banks’ Overseas Activity

    By Editors | 15/12/2021

    Banks will have to report new items related to the London Stock Connect and Wealth Connect, as well as additional details on their overseas subsidiaries.

    Structural Regulation

    RBI to Require LEI Use in Large Cross-border Transactions

    By Editors | 14/12/2021

    From 1 October 2022, AD Cat-I Banks will have to obtain LEIs from resident entities undertaking capital or current account transactions of INR 500 million and above.

    Structural Regulation

    CBIRC to Scrap Foreign Ownership Cap for Insurance AMCs

    By Manesh Samtani | 14/12/2021

    Foreign investors will be able to increase their stakes in insurance asset management companies to 100 percent and assume control.

    Trading & Investment

    HKEX Lists First ETFs Tracking MSCI China A 50 Connect Index

    By Sanday Chongo Kabange | 14/12/2021

    Two ETFs managed by China Asset Management and CSOP Asset Management listed on Monday, while a third will list on today.

    Structural Regulation

    SFC Sets Out Rules for Quarantine-free Travel to Mainland

    By Manesh Samtani | 14/12/2021

    Staff or directors of licensed corporations whose main purpose of travel is for the management of the firm’s Mainland business are eligible.

    Trading & Investment

    SEBI Seeks to Regulate Algo Trading by Retail Investors

    By Editors | 13/12/2021

    SEBI is concerned that investors are increasingly using unregulated third party applications and algorithms to automate decision-making and trading.

    Structural Regulation

    China to Enhance Asset Sale Transparency at State-owned FIs

    By Editors | 13/12/2021

    Assets transfers by state-owned financial institutions must be through open transactions, such as on trading venues, auctions, and competitive negotiations.

    Structural Regulation

    CSRC to Enhance Account Management in Securities Industry

    By Darien Choong | 13/12/2021

    A pilot project has been initiated with 10 securities firms to optimise their account management functions and ensure the safety of customer funds.

    Payments & Settlements

    CPMI to Define Service Level Template for Cross-border Payments

    By Editors | 13/12/2021

    Agreed service levels will establish consistency and certainty for all cross-border payment stakeholders based on a common framework, CPMI says.

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