Structural Regulation

    Reporting on regulatory frameworks and rules governing market design, authorisation, and oversight of key financial market participants and infrastructures.

    Structural Regulation

    BOJ, FSA Publish Findings on LIBOR Transition Progress

    By Editors | 15/03/2020

    About 50% of the 6.3 quadrillion yen in notional derivatives referencing LIBOR will mature after 2021, but “very few” contracts incorporate fallback provisions.

    Trading & Investment

    SET Tightens Short Selling Rule After Second Trading Halt

    By Editors | 14/03/2020

    Short selling orders can now only be executed at prices higher than the last traded price, the SET said after its circuit breaker was triggered for the second day in a row.

    Trading & Investment

    FSC Korea Imposes Complete Ban on Short-Selling for Six Months

    By Editors | 14/03/2020

    The FSC is also loosening rules on share buybacks and lifting minimum collateral coverage requirements for securities firms, while the BOK considers an interest rate cut.

    Trading & Investment

    Thai Bourse Announces Relief Package, Circuit Breaker Triggers

    By Editors | 12/03/2020

    The 30-minute trading halt came shortly after the SET announced a Covid-19 relief package, which included 500 million baht in fee reductions for market participants.

    Clearing & Post-Trade

    Eurex Approved to Offer Clearing Services in Japan

    By Editors | 12/03/2020

    The FSA licence will allow Japanese financial institutions to combine their listed and OTC euro yield curve businesses in one single place, Eurex says.

    Trading & Investment

    Indonesia Triggers Circuit Breaker, Suspends Pre-Opening Session

    By Editors | 12/03/2020

    IDX halted trading to end Thursday, just a day after tightening the circuit breaker mechanism. The pre-opening session is suspended until further notice.

    Trading & Investment

    Offshore FIs More Hopeful of Access to China Bond Futures

    By FinanceAsia | 12/03/2020

    A new pilot scheme to allow Chinese banks to trade government bond futures is a healthy step towards allowing foreign investors to finally tap it, experts believe.

    Conduct, Culture & Accountability

    Major Banks’ Fee-based Revenue at Risk – Study

    By Editors | 11/03/2020

    Increased regulatory pressure and growing competition from new players could cost incumbent banks 5% of their revenue over the next 3-5 years, says a new report from Accenture.

    Structural Regulation

    ASIC Finalises New Licensing Framework for Foreign Firms

    By Editors | 11/03/2020

    The framework introduces a new ‘foreign AFS’ licensing regime, and licensing relief for foreign fund managers seeking to induce investment from certain professional investors such as super funds.

    Trading & Investment

    S. Korea Tightens Short Selling Rules to Curb Market Volatility

    By Editors | 10/03/2020

    Starting from Wednesday, the new rules will extend the current 1-day prohibition on ‘overheated short-selling stocks’ to 10 days, while lowering the thresholds for the designation.

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