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Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.
Structural Regulation
ABS Releases Enhanced Listings Due Diligence Guidelines
By Editors | 13/11/2020
The new guidelines emphasise the need for issue managers and full sponsors to “exhibit a healthy dose of professional scepticism” when conducting listings due diligence.
Trading & Investment
FSC Korea Confirms Plan to Lift Short Selling Ban in March
By Editors | 12/11/2020
The lifting of the ban will apply to all stocks regardless of the market cap, despite an earlier proposal to keep it in place for small-cap stocks.
Trading & Investment
HKEX Chief Outlines Ongoing Market Development Initiatives
By Manesh Samtani | 12/11/2020
HKEX Chief Charles Li hinted at the possibility that Stock Connect could be extended to the primary market, and expanded to include derivatives.
Trading & Investment
Malaysia SC Proposes Changes Guidelines on Unit Trust Funds
By Shruti Khairnar | 12/11/2020
The SC is consulting on changes as part of ongoing efforts to strengthen market competitiveness and develop the Malaysian funds industry.
Structural Regulation
ASIC Amends Proposed Intervention Order for Continuing Credit Contracts
By Editors | 12/11/2020
The changes to the product intervention order proposed in July are to address unintended consequences identified in an earlier consultation.
Structural Regulation
NZX Confirms 10 December Go-Live Date for NZ RegCo Model
By Editors | 11/11/2020
The model will structurally separate NZX’s commercial and regulatory interests, similar to the approach adopted in Singapore, Japan and Brazil.
Structural Regulation
China Consults on Anti Monopoly Rules for E-commerce, Payments
By Editors | 11/11/2020
The new rules issued by China’s SAMR prohibit a range of monopolistic practices and are expected to impact internet giants Alibaba, JD.com, Tencent, and Meituan, among others.
Structural Regulation
China Launches First New Domestic Securities Firm in Ten Years
By Editors | 11/11/2020
The company was set up to take over the securities-related assets of CEFC Shanghai Securities, whose licenses were revoked last year.
Conduct, Culture & Accountability
New Zealand FSC Publishes Disclosure Guide for Financial Advice Regime
By Sanday Chongo Kabange | 10/11/2020
The ‘Disclosure Guide’ will help advisors comply with the changes to disclosure requirements under the new financial advice regime which comes into force on 15 March 2021.
Structural Regulation
The AIFMD Review: Potential Impacts for Asia Pacific
By Arthur Carabia | 10/11/2020
While some of the proposals could be harmful to market participants, the review presents an opportunity to clarify certain elements of AIFMD, says ICMA’s Arthur Carabia.
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