Structural Regulation

Structural Regulation

Australia Passes Amendments to Continuous Disclosure Laws

By Sanday Chongo Kabange | 12/08/2021

Companies can provide forward-looking guidance to the market without the fear of class actions if forecasts are found to be inaccurate.

Conduct, Culture & Accountability

CSRC to Increase Scrutiny on Fund Manager Governance

By Editors | 12/08/2021

The CSRC will revise certain rulesets and establish a new evaluation system to assess the quality of corporate governance at individual firms.

Market Data & Technology

DSB Signs MoU on UPI Governance Arrangements

By Editors | 12/08/2021

The Derivatives Service Bureau and Regulatory Oversight Committee will cooperate to enshrine governance and oversight arrangements in the UPI service.

Structural Regulation

FMA Proposes Financial Reporting Exemptions for Insolvent Firms

By Sanday Chongo Kabange | 11/08/2021

New Zealand’s FMA is considering introducing a class exemption for insolvent FMC reporting entities from certain financial reporting obligations.

Structural Regulation

Bursa Malaysia to Enhance Framework for Main Market Advisers

By Editors | 11/08/2021

The amendments will make available a wider pool of qualified corporate finance advisers to act as a Recognised Principal Adviser on the Main Market.

Structural Regulation

Japan, UK Regulators Exchange Letters on CRA Supervision

By Editors | 11/08/2021

The letters set out a framework for cooperation on regulatory, supervisory and enforcement matters in relation to credit rating agencies.

Structural Regulation

BNM Standardises Reference Rate Used in Floating-rate Loans

By Editors | 11/08/2021

The ‘Standardised Base Rate’ will replace the ‘Base Rate’ as the reference rate for new retail floating-rate loans from 1 August 2022.

Trading & Investment

Thai SEC Proposes More Flexible Rules for Fund Advertising

By Pongnut Thanaboonchai | 11/08/2021

More principle-based requirements will provide more flexibility to fund managers while still adequately protecting investors, the SEC said.

Credit Risk

PBOC Scraps Rule Requiring Bond Issuers to Obtain Credit Rating

By Manesh Samtani | 11/08/2021

Requirements for bonds issued in the interbank market to obtain a credit rating have disincentivised rating agencies from properly disclosing credit risks.