Structural Regulation

Structural Regulation

SFC Goes Live with Amended Professional Investor Rules

By Manesh Samtani | 19/07/2018

Holding companies of existing qualified professional investors will gain status as professional investors; intermediaries must obtain confirmation that their shareholders are notified of the change.

Structural Regulation

HK Exchange Publishes Structured Products Listing Guide

By Manesh Samtani | 18/07/2018

Guide provides clearer framework and timelines to facilitate more efficient introduction of new structured products.

Structural Regulation

Indonesia to Release New Fintech Rules in August

By Garima Chitkara | 18/07/2018

Fintech firms will be required to register with the OJK and periodically submit financial reports; new rules will cover P2P lending, insurance technology and equity crowdfunding.

Trading & Investment

Thailand to Expand Collateral Allowed for Margin Trading

By Manesh Samtani | 16/07/2018

The SEC is consulting on allowing debt instruments, government securities, and mutual fund units as collateral for margin accounts at securities firms.

Structural Regulation

ISDA Consults on Fallback Benchmarks for Discontinued IBORs

By Garima Chitkara | 16/07/2018

ISDA proposes adjustment options that will be applicable to fallback rates in the event a derivative references an IBOR that has been permanently discontinued; FSB cautions on the use of overnight RFR to replace term IBORs.

Trading & Investment

China Blocks Southbound Access to Dual-Class Stocks

By Manesh Samtani | 16/07/2018

Shanghai and Shenzhen bourses release joint statement barring domestic investors from trading in foreign companies, stapled securities and stocks with weighted voting rights structures listed in Hong Kong.

Payments & Settlements

SEBI Blocks Cash Payments To Stock Brokers

By Garima Chitkara | 16/07/2018

Stock brokers are no longer allowed cash payments either directly or deposited into their bank accounts, as India aims to promote digital payments and a cashless economy.

Structural Regulation

Brexit Shifts Regulatory Powers to Continental Europe

By Peter Guy | 16/07/2018

The UK government’s Brexit white paper reveals disappointing support for London’s global role in financial regulations. London could be disintermediated as a financial centre.

Structural Regulation

FSC Eases Listings for Taiwan Owned Foreign Companies

By Emma Zhou | 13/07/2018

New rules to attract overseas companies to list in Taiwan include the removal of a profitability requirement and a shortening of the FSC’s listing application review process.