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Coverage of regulatory developments, market trends, and operational standards across asset classes, financial products, and trading venues.

Structural Regulation
SFC Announces Fast Track Process for Simple Fund Authorisations
By Manesh Samtani | 22/10/2024
Under FASTrack, the SFC will take up applications within five business days of receipt, and grant authorisation within 10 business days from the take-up date.

Structural Regulation
Malaysia Unveils New Measures to Boost Markets and MSMEs
By Nithya Subramanian | 22/10/2024
The budget approved Forest City as a duty-free island, a new 2% tax on dividend income, and funding to boost MSMEs and drive innovation in Islamic finance.

Sustainable Finance
CME Group Launches Trading in ACCU Futures on NYMEX
By Editors | 22/10/2024
CME Group’s Peter Keavey said the CBL ACCU futures contract was launched to help firms manage the risks associated with carbon reduction strategies.

Trading & Investment
EEX to Help Develop Hydrogren Trading Market in India
By Editors | 19/10/2024
The project will be supported by funding from the German government, which aims to promote green hydrogen projects in selected emerging markets.

Structural Regulation
China’s NFRA Updates Rules for Syndicated Loan Business
By Editors | 19/10/2024
The NFRA said the revised rules, proposed in March, will help to “enhance banks’ enthusiasm for developing syndicated loan businesses”.

Alternative Markets
Malaysia to Provide Financing Boost for Mid-Tier Companies
By Nithya Subramanian | 18/10/2024
The partnership aims to enhance capital market access for MTCs. An MYR 500 million fund will be directed to high-potential MTCs.

Cryptocurrency
US SEC Charges Cumberland DRW for Illegal Crypto Operations
By Nithya Subramanian | 18/10/2024
The SEC complaint alleges that Cumberland DRW bought and sold over $2bn in crypto assets without registering as a securities dealer.

Trading & Investment
China Launches Two New Facilities to Boost Stock Market
By Manesh Samtani | 18/10/2024
A new swap facility provides funding for securities firms, funds and insurers to invest in stock. A new relending facility will finance stock repurchases.

Structural Regulation
NY Fed Launches New Panel to Bolster Resiliency of Benchmarks
By Editors | 30/09/2024
The so-called “Reference Rate Use Committee” will work to foster industry engagement on issues related to the use of interest rate benchmarks in the post-LIBOR world.

Structural Regulation
DBS Awaits Approval to Raise Stake in Chinese Securities Venture
By Editors | 28/09/2024
DBS is planning to raise its stake in its China securities joint venture from 51% to 91%, subject to regulatory approval.
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