United States

    Capital / Liquidity

    BSP Enhances Rules on Voluntary Surrender of Banking Licences

    By Editors | 24/09/2019

    The guidelines are aimed at improving protections for depositors and creditors of banks that have decided to cease operations.

    Securities / Derivatives

    US, UK Agencies Work to Clean Up Credit Derivatives Market

    By Editors | 24/09/2019

    In a joint statement, the SEC, CFTC and FCA have pledged to work together to address “opportunistic strategies” that harm the credit derivatives market.

    Enforcement

    US SEC Settles Charges Against Nissan, Former CEO

    By Editors | 24/09/2019

    As settlement for underreporting CEO compensation, Nissan agreed to pay $15mn, while ex-CEO Carlos Ghosn will pay $1mn and get a 10-year officer and director bar.

    Market Infrastructure

    ISDA Issues Guidance on Executing Trades on Recognised Venues

    By Editors | 23/09/2019

    The guides describe how cross-border trading will work following the CFTC-MAS, CFTC-FSA and EC-MAS agreements on mutual recognition of derivatives trading venues.

    Securities / Derivatives

    Thailand, Cambodia Sign MoU on Cross-Border Listings

    By Editors | 20/09/2019

    A working group will be formed to implement mechanisms for cross-border equity offerings, dual listings and depositary receipts between the two countries.

    Enforcement

    Philippines Moves to End Abusive Practices by Fintech Lenders

    By Editors | 18/09/2019

    A code of ethics and code of conduct have been adopted by members of FinTechAlliance.ph prohibiting the harassment and shaming of delinquent borrowers.

    Market Infrastructure

    SGX Annual Report Highlights Rising Interest from Global Investors

    By Manesh Samtani | 13/09/2019

    SGX is exploring how new technologies can further add value for customers and improve operations, while its regulatory arm seeks a stronger presence and oversight.

    Market Infrastructure

    DTCC Outlines ‘No-Touch’ Vision for Post-Trade Processing

    By Editors | 13/09/2019

    Much of today’s post-trade process is still handled manually, resulting in greater risk, errors and costs, says DTCC in a new white paper, highlighting the need for a new approach.

    Market Infrastructure

    Thailand to Digitise Capital Market Processes with DLT

    By Editors | 05/09/2019

    The project aims to reduce the documentary procedures required in processes related to share issuances and offerings, securities registration, settlement and delivery, and KYC.

    Securities / Derivatives

    Sri Lanka Proposes Easing of Stock Market Listing Criteria

    By Editors | 05/09/2019

    Companies will no longer be required to have three years of consecutive profits to list on the main board of the Colombo Stock Exchange.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.