Structural Regulation

Structural Regulation

ASIC Updates Financial Markets Licensing Regime

By Garima Chitkara | 07/05/2018

New regulatory guidance will designate and license financial markets based on their risk and systemic importance to the Australian economy; changes said to incorporate technological and risk concerns.

Structural Regulation

China Issues Draft Rules for Depository Receipt Issuance

By Manesh Samtani | 07/05/2018

Rules include requirements related to investor protection, information disclosures; Shanghai-London Stock Connect to allow cross listings of depository receipts.

Trading & Investment

Indian Exchanges Seek CFTC Approval for GIFT City Derivatives

By Garima Chitkara | 04/05/2018

NSE and BSE are looking to sell derivatives traded at GIFT City exchanges to American investors; aimed at countering competition with SGX, which is launching its own Indian equity derivatives offering in June.

Trading & Investment

Indonesia Scraps Margin Call Requirement for Options

By Editors | 04/05/2018

OJK amended rules for trading in options, doing away with the 10% margin call requirement. The move is expected to stop the flow of options trading to other markets that don’t have the requirement.

Trading & Investment

India Lifts Ban on Foreign Investments in T-bills

By Garima Chitkara | 04/05/2018

Central bank lifts three year residual maturity limits on foreign portfolio investment in government debt and consequently allows foreign investment into T-bills.

Structural Regulation

Australia Authorises New Financial Complaints Body

By Garima Chitkara | 04/05/2018

The Australian Financial Complaints Authority, going into operation on 1 November this year, will focus on complaints by consumers and small businesses against financial firms.

Structural Regulation

S.Korea Revamps Approval Process for Aspiring Financial Firms

By JP Reimann | 03/05/2018

FSC to dedicate committee of experts to assessing banking, insurance, securities licenses; aimed at boosting transparency, efficiency, lowering entry barriers.

Structural Regulation

China Allows Foreign Ownership Majority at Securities Firms

By Manesh Samtani | 02/05/2018

Ceiling on foreign ownership raised from 49% to 51%, effective immediately; CSRC reviewing first application from UBS to boost stake in China-based UBS Securities.

Structural Regulation

SEBI Extends Deadline for Monitoring Foreign Investment Limits

By Editors | 02/05/2018

Extension to give listed companies more time to provide data to depositories on foreign investment; data to enable daily calculation of foreign investment in listed companies.