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Coverage of regulatory developments, market trends, and operational standards across asset classes, financial products, and trading venues.
Conduct, Culture & Accountability
SFC Extends Compliance Deadline for New Rules on Complex Products
By Editors | 20/03/2019
The SFC has extended the deadline for compliance with new rules requiring firms to ensure client suitability when selling complex products by two months.
Trading & Investment
ASIFMA Paper Offers Policy Suggestions on Improving China Market Access
By Manesh Samtani | 20/03/2019
A new ASIFMA paper provides policy recommendations for making China’s capital markets easier to access and more attractive to foreign institutional investors.
Trading & Investment
NSE-SGX Final Arbitration Decision Deferred to December 2020
By Editors | 20/03/2019
The deferment means Singapore Exchange will be able to continue offering SGX Nifty products until a long term solution is agreed.
Cryptocurrency
Japan to Impose Margin Trading Limits in Cryptocurrency Sector
By Editors | 20/03/2019
New rules will limit cryptocurrency margin trading to two-to-four times initial deposits and require exchanges offering margin facilities to register separately with government.
Structural Regulation
Vietnam Ups Pressure on Banks to List Before 2020
By Editors | 19/03/2019
Vietnam’s prime minister has approved a scheme that will force banks to list on a stock exchange by 2020. Banks are currently reluctant to go public due to poor market conditions.
Structural Regulation
Brunei Earmarks $300mn for Proposed Stock Exchange
By Editors | 19/03/2019
Brunei’s government has agreed on a budget of more than $300mn to establish the country’s first stock exchange in the next few years.
Cryptocurrency
Singapore Court Rules in First Case Involving Cryptocurrency
By Manesh Samtani | 19/03/2019
The Singapore International Commercial Court has ruled that crypto exchange Quoine was liable for a “breach of contract and breach of trust” by reversing seven trades in April 2017.
Trading & Investment
MAS Publishes Finalised Mandatory Trading Regulations for Derivatives
By Kai Loon Loh | 19/03/2019
Kai Loon Loh and Patrick Phua at global law firm Ashurst sum up the key takeaways from the MAS response to consultative feedback and the now-finalised mandatory trading regulations.
Conduct, Culture & Accountability
SFC Fines BOCI Securities for ‘Systemic Deficiencies’ in Selling Practices
By Editors | 19/03/2019
BOCI Securities failed to comply with requirements relating to client profiling, product due diligence, and suitability assessment in its sale and distribution of investment products.
Structural Regulation
Tokyo Bourse to Cut a Third of Companies from First Section
By Editors | 18/03/2019
The Tokyo Stock Exchange plans to raise the minimum market cap for companies to maintain a listing on its First Section and require English language quarterly earnings disclosures.
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