Structural Regulation

Conduct, Culture & Accountability

SFC Fines FWD Life for Noncompliance with Key Personnel Requirements

By Editors | 09/01/2019

FWD Life also failed to maintain satisfactory internal controls and written compliance procedures as required under the SFC Code on MPF Products and the Fund Manager Code of Conduct.

Structural Regulation

Taiwan to Introduce Automatic Approval for Foreign Investments

By Editors | 08/01/2019

Pre-approval will mean that  most ordinary mergers and acquisitions, and start-ups originating from abroad will need to be reported only after the fact.

Structural Regulation

Hong Kong SFC Launches New Online Submission Portal

By Editors | 07/01/2019

All functions and submission services available on the existing SFC Online Portal will be migrated to the new platform in phases.

Trading & Investment

HKEX Loosens Requirements to Participate in ETP Market Making

By Editors | 03/01/2019

HKEX has loosened the eligibility criteria and created a more flexible structure to allow global liquidity providers to provide market making for Hong Kong exchange-traded products.

Structural Regulation

Regional Lenders Should Avoid ‘Blind Expansion’, says CBIRC

By Editors | 02/01/2019

New guidelines from China’s banking regulator will require small- and medium-sized financial institutions to apply for a licence to operate outside their home provinces.

Trading & Investment

Taiwan Raises Chinese Equities Investment Limit for Offshore Funds

By Editors | 02/01/2019

FSC loosens restrictions on investment in Chinese equities in response to proposed increase of China weighting in MSCI emerging markets index.

Structural Regulation

China’s Securities Firms Under Pressure to Consolidate

By Manesh Samtani | 01/01/2019

M&A activity between domestic brokerages is set to increase, says S&P Global. Consolidation may help local players better compete against foreign entrants.

Payments & Settlements

S. Korea Designates 11 Banks as Won-Yuan Liquidity Providers

By Editors | 01/01/2019

The banks selected by South Korea’s central bank include 6 domestic institutions and 5 foreign institutions with local branches.

Structural Regulation

Chinese Bourses Limit Stock Suspensions to 10 Trading Days

By Editors | 01/01/2019

The 10 day limit for stock suspensions compares to three months allowed previously for major asset restructurings, and up to five or six months in other cases.