Structural Regulation

Structural Regulation

TWSE Amends Disclosure Rules to Transition to Bilingual Capital Market

By Editors | 03/01/2020

TWSE listed companies with end-2019 paid-in capital over $500mn will be required to publish informational materials in both Chinese and English from 1 July.

Structural Regulation

China Issues Implementing Regulation for New Foreign Investment Law

By Editors | 03/01/2020

Effective from 1 January, the regulation emphasises legal protections for foreign investors, prohibits forced technology transfers, and promises equal treatment for foreign-invested enterprises.

Structural Regulation

SGX RegCo Launches Review of Regulatory Framework for Retail Bonds

By Editors | 02/01/2020

The working group tasked with recommending changes to the framework comprises representatives from the Securities Investors Association Singapore, DBS, OCBC, and UOB, among others.

Structural Regulation

China Banks, Insurers Urged to Develop Foreign Trade-related Services

By Editors | 02/01/2020

New guideline asks banks and insurers to develop foreign trade-related financial services to help develop bilateral trade between China and key jurisdictions, including the ‘Belt and Road’ countries.

Structural Regulation

SFC Fines Fidelity Unit for Unlicensed Futures Dealing

By Editors | 31/12/2019

FIL Investment Management executed over 6,700 futures trades for overseas affiliates without a Type 2 licence, and delayed reporting the breach to the SFC.

Structural Regulation

CBIRC Issues Revised Regulations for Foreign Banks in China

By Editors | 30/12/2019

The revised regulations implement the removal of foreign ownership limits and asset thresholds for setting up local units, among other relaxations.

Structural Regulation

Grab, SingTel Team Up to Apply for Singapore Digital Bank Licence

By Editors | 30/12/2019

Grab and Singtel will respectively hold a 60% and 40% stake in the new consortium entity, which will seek to serve both retail consumers and SMEs.

Conduct, Culture & Accountability

SEBI Introduces Mandatory Stewardship Code for Fund Managers

By Editors | 28/12/2019

The new stewardship code will help institutional investors protect their clients’ wealth, improve corporate governance, and promote the development and regulation of the securities market.

Structural Regulation

Australia to Formalise ASIC-APRA Regulatory Cooperation

By Editors | 28/12/2019

The legislation will oblige ASIC and APRA to cooperate, share information with each other, and notify each other if they have a reasonable belief that there has been a breach of the other’s legislation.