Structural Regulation

Trading & Investment

PSE Proposes Alternative Listing Option for Businesses

By Sanday Chongo Kabange | 17/03/2021

The new rule will allow businesses to raise funds on the exchange by listing their preferred shares without listing their common shares.

Structural Regulation

BIS Paper Offers Policy Options for Regulating Bigtech

By Manesh Samtani | 17/03/2021

Authorities are assessing whether existing regulatory approaches are fit for the purpose of regulating the financial operations of bigtechs.

Structural Regulation

Ant Group Imposes Self-Discipline Rules, CEO Resigns

By Sanday Chongo Kabange | 17/03/2021

The self-discipline financial rules apply to Ant Group’s wealth management, insurance, consumer loans, small-and-micro-business loans and credit-scoring businesses,

Trading & Investment

ESMA to End 0.1% Threshold for Short Position Reporting

By Editors | 16/03/2021

ESMA says the current financial market environment no longer resembles the emergency situation that required it to tighten short position reporting rules last March.

Sustainable Finance

ASEAN Capital Markets Forum Endorses Action Plan for 2021-2025

By Editors | 16/03/2021

The action plan focuses on the objectives of fostering growth with sustainability; promoting inclusiveness; and strengthening orderliness and resilience.

Anti-Money Laundering

Australia to Amend OBU Regime to Address OECD Concerns

By Ranamita Chakraborty | 15/03/2021

The government will consult with industry on alternative measures to ensure activity remains in Australia when the OBU regime ends.

Structural Regulation

FSC Korea Issues Revised Capital Markets Rules

By Sanday Chongo Kabange | 15/03/2021

The new rules prohibit investors from placing multiple orders for IPO subscription via multiple brokerages and improve Chinese wall regulations

Structural Regulation

New Zealand Launches New Financial Advice Regime

By Editors | 15/03/2021

Anyone who gives regulated financial advice to retail clients must either hold or operate under a Financial Advice Provider licence granted by the FMA.

Structural Regulation

MAS Proposes Exemption Framework for Foreign Offices of FIs

By Editors | 15/03/2021

MAS is proposing to introduce an exemption framework for foreign head offices or branches that is similar to the proposed notified FRC framework issued in June 2020.