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Coverage of regulatory developments, market trends, and operational standards across asset classes, financial products, and trading venues.
Structural Regulation
JP Morgan Approved to Take Full Ownership of China Securities Unit
By Editors | 08/08/2021
JP Morgan already had a controlling stake in the unit. The new approval makes it the first foreign firm to fully own a securities venture in China.
Structural Regulation
RBI Amends Guidelines to Facilitate LIBOR Transition
By Manesh Samtani | 08/08/2021
Banks are permitted to extend export credit using alternative rates. A change in the benchmark used in a derivatives contract need not be treated as a restructuring.
Structural Regulation
CSRC Allows Fidelity to Set up China Retail Fund Business
By Editors | 08/08/2021
Fidelity has become the second global asset manager to receive approval to set up a fully-owned mutual fund business after BlackRock.
Trading & Investment
Intra-day NAV is Applicable for ETF Transactions: SEBI
By Ranamita Chakraborty | 06/08/2021
The mutual fund industry told SEBI the closing NAV may “not be relevant” for direct transactions in ETF units with large investors.
Trading & Investment
LIBOR Alternatives Gain Traction in Japan – Report
By Editors | 06/08/2021
OIS transactions based on TONA and TIBOR increased in July, suggesting alternative rates to JPY LIBOR are gaining traction.
Trading & Investment
Structured Products Landscape in a Post-pandemic APAC
By Abdessamad Khaled | 05/08/2021
Bloomberg’s Abdessamad Khaled and Gaurav Kapoor discuss how structured products have performed and the role automation plays in maintaining stability.
Structural Regulation
Australia Launches Inquiry into Stock Ownership by Large Funds
By Editors | 04/08/2021
The government is said to be concerned about the growing influence of super funds as large shareholders of ASX listed companies.
Structural Regulation
CSRC Promises Increased Predictability of Policy Measures
By Sanday Chongo Kabange | 04/08/2021
The CSRC says it will seek closer cooperation with the US SEC and enhance the transparency and predictability of policy measures.
Trading & Investment
OSE, TOCOM Set to Launch J-GATE 3.0 on 21 September
By Editors | 02/08/2021
The next-generation derivatives trading system known as J-GATE3.0 will go live on 21 September 2021.
Alternative Markets
DBS, Temasek to Launch Debt Financing Platform, EvolutionX
By Editors | 01/08/2021
The new platform will help founder entrepreneurs avoid dilution of share equity in their companies’ initial stages of development.
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