Structural Regulation

Structural Regulation

AMAC Halts Approvals of New Real Estate Funds

By Sanday Chongo Kabange | 16/08/2021

Private equity funds were among the last of the stable funding channels available to Chinese property developers amid recent regulatory pressure.

Structural Regulation

HKEX Publishes Operational Details for New Investor ID Regime

By Manesh Samtani | 15/08/2021

Market system development and testing will start in Q3 2021 and intermediaries will have to develop their internal systems by the end of Q1 2022.

Structural Regulation

SEBI Combines Debt Securities Rules Into Single Regulation

By Ranamita Chakraborty | 15/08/2021

New operational guidelines cover non-convertible securities, securitised debt instruments, security receipts, municipal debt securities and commercial papers.

Trading & Investment

Japan Decides Start Date to Shift Cross-currency Swaps to RFRs

By Editors | 15/08/2021

Japan will change interdealer trading conventions for cross-currency basis swaps from LIBOR to RFRs on 21 September.

Structural Regulation

Australia to Further Amend Design & Distribution Obligations Law

By Sanday Chongo Kabange | 15/08/2021

The planned changes will make the DDOs law more appropriate for the mortgage broking sector, and clarify that margin lending to corporates is exempt, among other changes.

Conduct, Culture & Accountability

BNM Amends Rules on Managing Financial Adviser Conduct

By Editors | 15/08/2021

Advisers will have to provide customers with suitable product options from at least three different providers when recommending insurance or takaful products.

Conduct, Culture & Accountability

ASIC to Adopt ‘Reasonable Approach’ to Financial Sector Reforms

By Ranamita Chakraborty | 13/08/2021

ASIC will take a ‘reasonable approach’ to technical or inadvertent breaches, in recognition that six new reforms taking effect in October will present challenges to firms.

Payments & Settlements

ACCC Sees Price Transparency Improvements Among FX Remitters

By Sanday Chongo Kabange | 13/08/2021

The ACCC says 12 of 15 prominent remitters are either adhering to best practice for price disclosure or need to make only minor improvements.

Structural Regulation

Refinitiv Launches Prototype USD Fallback Rates for Cash Products

By Editors | 13/08/2021

There are two versions of the Refinitiv USD IBOR Cash Fallbacks: one for consumer cash products, the other for institutional cash products.