Structural Regulation

Structural Regulation

APRA Consults on Financial Sector Shareholdings Rules

By Editors | 03/04/2019

The proposed rules set out the matters that must be considered in determining if a person is “fit and proper” to own 20% or more in an ADI, life insurer or general insurer.

Trading & Investment

Bloomberg Begins Including China Bonds in Flagship Index

By Editors | 03/04/2019

The index inclusion will draw more liquidity into China’s onshore bond market and potentially spur more policy measures to further open up the market.

Conduct, Culture & Accountability

Behavioural Insights Can Help Regulators Protect Investors – IOSCO

By Editors | 03/04/2019

The report provides guidance to help regulators better understand the behaviour of retail investors in making financial investment decisions to aid in policy development.

Structural Regulation

SEBI Proposes SRO Nomination Plan for Mutual Fund Distributors, Advisers

By Editors | 02/04/2019

A consultation proposes the creation of a nomination committee comprising external experts to recommend a self regulatory organisation for mutual fund distributors and advisers to curb mis-selling.

Trading & Investment

NSE, SGX Reach Agreement on India Derivatives

By Editors | 01/04/2019

NSE and SGX have reportedly finalised an agreement that will enable SGX to offer trading in Nifty derivatives to Singapore investors through a special purpose vehicle operating as a broker at GIFT City.

Structural Regulation

EU, Singapore Adopt Decision to Mutually Recognise Derivatives Venues

By Editors | 01/04/2019

The European Commission recognises Singapore trading venues as MiFIR-compliant; MAS has exempted EU trading facilities from its markets licensing requirements.

Cloud & Infrastructure

S. Korea Launches Regulatory Sandbox, 105 Applications Received

By Editors | 01/04/2019

South Korea’s Special Act on Financial Innovation Support has taken effect 1 April, marking the formal launch of the country’s first financial regulatory sandbox.

Clearing & Post-Trade

ESMA Urges Readiness for End-May EMIR Refit Adoption

By Manesh Samtani | 01/04/2019

Counterparties should start collecting the data they will need in May to perform calculations to determine whether they are subject to the clearing obligation.

Trading & Investment

TMA Consults on HONIA, Hong Kong’s Alternative Rate for HIBOR

By Manesh Samtani | 01/04/2019

The Treasury Markets Association is proposing technical refinements to HONIA to enhance its robustness and representativeness as an alternative reference rate to HIBOR.