Structural Regulation

Trading & Investment

China Banks Directed to Limit Proprietary Trading in Currencies

By Editors | 21/11/2021

The directions are part of efforts to limit speculation on the yuan to prevent further strengthening of the currency and protect the export sector.

Conduct, Culture & Accountability

SEBI Publishes Charter of Investor Rights in Securities Market

By Editors | 21/11/2021

The charter sets out the rights and responsibilities of investors, as well as some ‘dos and don’ts’ of investing in the securities market.

Trading & Investment

SEBI Proposes Market Maker Framework for Corporate Bonds

By Sanday Chongo Kabange | 21/11/2021

To act as market makers, stockbrokers and merchant banks would need INR 100 million in additional net worth over-and-above their existing obligations.

Structural Regulation

SEBI Proposes to Tighten Rules on Use of IPO Proceeds

By Sanday Chongo Kabange | 19/11/2021

SEBI is considering increasing the lock-in period for anchor investors and limiting share sales by significant shareholders for six months.

Conduct, Culture & Accountability

MAS to Enhance Disclosures Provided to Mortgage Borrowers

By Editors | 19/11/2021

MAS proposes to enhance the disclosures regarding possible interest rate changes, while also allowing for borrower acknowledgements to be obtained digitally.

Conduct, Culture & Accountability

RBI Mandates Designation of Internal Ombudsman at NBFCs

By Sanday Chongo Kabange | 19/11/2021

NBFCs with 10 or more branches and with asset size of INR 50 billion have six months to appoint an internal ombudsman in charge of grievance redressal.

Trading & Investment

HK FSDC Proposes Measures to Advance Biotech Hub Ambitions

By Manesh Samtani | 18/11/2021

The FSDC says allowing SPACs to list in Hong Kong will help to bolster the city’s status as a fundraising hub for the healthcare and biotech sectors.

Trading & Investment

CSE Set to Implement New Index Calculation Methodology

By Duruthu E Chandrasekera | 18/11/2021

The current methodology has resulted in record high index levels from trading activity in stocks with little free float and actual liquidity.

Credit Risk

Malaysia to Enact New Consumer Credit Act in 2022 – Reports

By Sanday Chongo Kabange | 17/11/2021

The Consumer Credit Act will provide a regulatory framework for the issuance of consumer credit and strengthen oversight of non-bank credit providers.