Structural Regulation

Alternative Markets

FSC Korea Issues Notice on Rule Changes for PE Funds

By Sanday Chongo Kabange | 07/08/2021

A new classification system will distinguish between “general PEFs” and “institution-only PEFs”. PEFs will be subject to increased monitoring and external audits.

Trading & Investment

Intra-day NAV is Applicable for ETF Transactions: SEBI

By Ranamita Chakraborty | 06/08/2021

The mutual fund industry told SEBI the closing NAV may “not be relevant” for direct transactions in ETF units with large investors.

Trading & Investment

LIBOR Alternatives Gain Traction in Japan – Report

By Editors | 06/08/2021

OIS transactions based on TONA and TIBOR increased in July, suggesting alternative rates to JPY LIBOR are gaining traction.

Data Privacy

Big Tech Brings ‘New and Unfamiliar’ Challenges: BIS

By Ranamita Chakraborty | 06/08/2021

A purely activity-based approach to regulating big tech is likely to fall short. Central banks need to more closely coordinate with competition and data governance authorities.

Payments & Settlements

SEBI Asks RTAs to Build Common Platform for Fund Investors

By Editors | 05/08/2021

SEBI has asked India’s two RTAs, KFinTech and CAMS, to develop a new dedicated platform for investors to transact in mutual funds.

Structural Regulation

Deutsche Bank Set to Regain Ability to Sponsor HK IPOs

By Ranamita Chakraborty | 05/08/2021

Deutsche Bank has reportedly secured two senior hires who will be able to act as IPO principals, subject to regulatory approval.

Structural Regulation

Australia Launches Inquiry into Stock Ownership by Large Funds

By Editors | 04/08/2021

The government is said to be concerned about the growing influence of super funds as large shareholders of ASX listed companies.

Structural Regulation

CSRC Promises Increased Predictability of Policy Measures

By Sanday Chongo Kabange | 04/08/2021

The CSRC says it will seek closer cooperation with the US SEC and enhance the transparency and predictability of policy measures.

Conduct, Culture & Accountability

Malaysian Regulators Ask Auditors to Up Their Game

By Ranamita Chakraborty | 04/08/2021

Audit engagements which required further evaluation and investigation in 2020 were found to have weak auditing procedures and lacked professional scepticism.