ADVERTISEMENT
Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.
Structural Regulation
SFC Finalises Changes to Grant Greater Flexibility to REIT Managers
By Editors | 29/11/2020
REITs will be allowed to invest in minority-owned properties and property development projects, and borrowing limits will be increased.
Trading & Investment
HKEX Announces Stock Connect Expansion Arrangements
By Manesh Samtani | 29/11/2020
Pre-revenue biotech companies listed on Hong Kong’s Main Board will be included from 27 December. SSE STAR Market stocks will be included in early 2021.
Structural Regulation
Indonesia Prepares to Launch Sovereign Wealth Fund
By Manesh Samtani | 29/11/2020
Indonesia will need to pay particular attention to the governance of the new fund, as Malaysia’s 1MDB scandal still looms large in the minds of global investors.
Payments & Settlements
Myanmar Launches New Interbank Payment, Settlement System
By Sanday Chongo Kabange | 29/11/2020
Modelled after Japan’s national payment system, the new system is expected to enhance straight-through processing between the central bank and FIs.
Trading & Investment
DSB Calls for Asian Members to Join Product Committee
By Editors | 29/11/2020
The DSB seeks to expand its Product Committee membership to include more OTC derivatives users from Asia to further broaden industry collaboration geographically.
Clearing & Post-Trade
CFTC Adopts Rule Changes to Facilitate Foreign Swaps Clearing
By Editors | 29/11/2020
The CFTC has extended no-action relief for non-US swap dealers from reporting requirements, and finalised rules for exempting non-US clearinghouses from registration requirements.
Structural Regulation
Philippine Central Bank Introduces Digital Banking Framework
By Editors | 27/11/2020
Foreign individuals and non-bank corporations are allowed to hold up to 40% of a digital bank’s voting shares, while foreign banks are allowed to hold up to 100%.
Structural Regulation
MAS On Track to Award Digital Bank Licences by Year-End
By Manesh Samtani | 26/11/2020
Regulatory changes impacting some of the Chinese digital bank applicants are unlikely to have an impact on the granting of the new licences in Singapore.
Structural Regulation
CBIRC Finalises Enhanced Rules for Trust Companies
By Editors | 26/11/2020
The new rules will take effect on 1 January, strengthening requirements for shareholders, managers and independent directors of trust companies.
Structural Regulation
Australia Concludes Review of Retirement Income System
By Editors | 26/11/2020
The review signals little urgency to increase compulsory employer superannuation payments, as legislated, to 12 percent by 2025.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.