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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
FSC Korea Proposes More Flexible Business Conduct Rules
By Editors | 02/06/2019
‘Chinese walls’ at financial firms will be set up around ‘information units’ rather than ‘business units’. Firms can entrust a broader range of business to third parties and IT firms.
Clearing & Post-Trade
India Delays CCP Interoperability Framework
By Editors | 31/05/2019
Trading members have been given one more month to develop processes that allow them to choose to clear and settle trades in other clearing corporations.
Structural Regulation
Singapore, Malaysia, Vietnam on US Watchlist for Currency Practices
By Manesh Samtani | 31/05/2019
The US Treasury’s monitoring list now names nine countries that could potentially be labeled currency manipulators, including China, Japan and Korea.
Trading & Investment
S. Korea FSC Announces Derivatives Market Reforms
By Editors | 31/05/2019
The minimum deposit requirements will be abolished for professional investors and eased for retail investors. The minimum 20-hour compulsory training requirement will be reduced.
Trading & Investment
South Korea Cuts Securities Transaction Tax
By Editors | 30/05/2019
FSC chairman Choi Jong-ku has repeatedly called for a cut in the securities transaction tax to ease the burden it places on stock and mutual fund trades.
Cloud & Infrastructure
SEBI Floats Discussion Paper on Sandbox for Regulated Entities
By Editors | 30/05/2019
Under the proposed framework, entities regulated by SEBI will be granted certain facilities and flexibilities to experiment with innovative solutions in a live environment and on real customers.
Structural Regulation
PBOC Mulls Shift to Market Based Lending Rates
By Editors | 30/05/2019
PBOC governor Yi Gang has suggested discontinuing benchmark lending rate announcements to study the resulting loan rate trends, as a possible step towards market-based rates.
Trading & Investment
ISDA Chief Says the End is in Sight for IBOR Fallbacks
By Manesh Samtani | 30/05/2019
ISDA chief Scott O’Malia says one year from now, robust fallbacks should be in place for derivatives contracts referencing LIBOR and other IBORs.
Structural Regulation
Asia Pacific Firms Lagging in LEI Adoption – FSB
By Manesh Samtani | 30/05/2019
Although widespread coverage has been achieved in OTC derivatives and securities markets, LEI adoption remains uneven across jurisdictions, with Asia Pacific lagging.
Structural Regulation
Thailand Looks to Ease Listing Rules for SMEs
By Editors | 30/05/2019
Revising the listing rules will be a key agenda item at a 1 June meeting between the SEC and SET, as the current rules may be too restrictive for SMEs.
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