ADVERTISEMENT
Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.
Structural Regulation
New Zealand Delays New Financial Advice Regime
By Editors | 27/03/2020
The new regime will be deferred until at least March 2021, allowing financial advisers to focus on helping their clients, staff and families during “this difficult time”, the FMA says.
Conduct, Culture & Accountability
Woori Financial Chief Gets Reappointment Despite FSS Sanctions
By Editors | 27/03/2020
A Seoul court has granted an injunction against FSS sanctions that would have prevented chairman Sohn Tae-seung from seeking another term at Woori Financial Group.
Structural Regulation
Interim LIBOR Transition Milestones May Be Affected: FCA
By Editors | 26/03/2020
While end-2021 remains the firm target date for all firms to meet, interim transition milestones in some of the less prepared segments such as loan markets may be affected.
Structural Regulation
MAS, ACRA, SGX RegCo Set Out Expectations on Meeting Conduct
By Editors | 26/03/2020
MAS, SGX RegCo and ACRA expect all issuers to comply with the Ministry of Health’s mandatory safe distancing measures. Legislative amendments will be introduced.
Structural Regulation
ZA Bank Announces Launch as Hong Kong’s First Virtual Bank
By Editors | 25/03/2020
ZA Bank – backed by mainland insurer ZhongAn Online P&C Insurance and Sinolink Group – won one of the first approvals to set up a virtual bank in March last year.
Stablecoins
Securities Market Principles Can Be Applied to Stablecoins: IOSCO
By Editors | 25/03/2020
Preliminary analysis concludes that the Principles for Financial Market Infrastructures could apply to the global stablecoin arrangements, among other principles and standards.
Structural Regulation
SEBI Grants Compliance Relief to Fund Managers, Brokers, Issuers
By Editors | 24/03/2020
The new measures include relief from mutual fund policy initiatives, penalty provision exemptions for brokers, and various deadline extensions.
Trading & Investment
Malaysia Suspends Short-selling, Grants Relief to Licensed Entities
By Editors | 24/03/2020
The short-selling suspension will last until 30 April 2020. Annual licensing fees will be waived. CPE and professional training requirements will be eased.
Trading & Investment
Bangladesh Introduces Unusual Circuit Breaker Mechanism
By Editors | 23/03/2020
Individual stocks will not be allowed to fall below their average closing prices of the preceding five days, and trading is curtailed to just three hours a day.
Structural Regulation
SC Malaysia Grants Regulatory Flexibilities to Market Participants
By Editors | 23/03/2020
The deadlines for market participants to comply with regulatory requirements relating to submissions and training requirements have been extended.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.