Structural Regulation

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

    Payments & Settlements

    SEBI Allows Payments Banks to Perform Investment Bank Activities

    By Ranamita Chakraborty | 10/08/2021

    Payments banks will be able to accept application money, allotment or call money, and make payments of dividend or interest warrants.

    Payments & Settlements

    ACCC Consults on Merger of BPAY, eftpos and NPP Australia

    By Editors | 10/08/2021

    A court enforceable undertaking is proposed to address concerns that the merger could reduce investment and support for eftpos and decrease the availability of least-cost routing.

    Structural Regulation

    Australia Tweaks Fee Component of Super Fund Performance Test

    By Editors | 10/08/2021

    The test will be based on the most recent financial year of administration fees, rather than the past eight years, to incentivise fee reductions.

    Structural Regulation

    Thailand’s Proposed SME Board Falls Short of Market Needs

    By Pongnut Thanaboonchai | 09/08/2021

    The SEC’s proposed SME board is unlikely to facilitate access to capital for startups that are most in need of funding, says Pongnut Thanaboonchai.

    Structural Regulation

    JP Morgan Approved to Take Full Ownership of China Securities Unit

    By Editors | 08/08/2021

    JP Morgan already had a controlling stake in the unit. The new approval makes it the first foreign firm to fully own a securities venture in China.

    Structural Regulation

    RBI Amends Guidelines to Facilitate LIBOR Transition

    By Manesh Samtani | 08/08/2021

    Banks are permitted to extend export credit using alternative rates. A change in the benchmark used in a derivatives contract need not be treated as a restructuring.

    Structural Regulation

    US SEC Approves Nasdaq Proposal on Board Diversity

    By Manesh Samtani | 08/08/2021

    The new rules will require listed companies to meet race and gender targets, or explain in writing why they have failed to do so.

    Credit Risk

    China: New Rules Issued to Address Unreliable Bond Ratings

    By Editors | 08/08/2021

    The rules require credit rating agencies to strengthen their methodologies and systems, improve corporate governance, and avoid conflicts of interest.

    Structural Regulation

    TWSE to Enhance Timeliness of Disclosures by Listed Firms

    By Sanday Chongo Kabange | 08/08/2021

    In 2022, some listed companies will have to start disclosing uncertainties about their ability to continue as a going concern based on unaudited financial information.

    Structural Regulation

    CSRC Allows Fidelity to Set up China Retail Fund Business

    By Editors | 08/08/2021

    Fidelity has become the second global asset manager to receive approval to set up a fully-owned mutual fund business after BlackRock.

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