LATEST NEWS

Market Infrastructure

India Considers Law to Curb Unfair Practices by Big Tech

By Mark Johnston | 18/01/2023

The proposal would aim to prevent anti-competitive behaviour by dominant online platforms, similar to the EU’s Digital Markets Act.

ESG / Sustainability

Taskforce Introduces Framework to Mobilise Investment Capital

By ESG Investor | 18/01/2023

The framework aims to ensure investors are not simply disinvesting from more difficult sectors, particularly in emerging economies.

Securities / Derivatives

SEBI Proposes to Allow PE Funds to Sponsor Mutual Funds

By Editors | 18/01/2023

The changes will draw fresh capital into the fund industry, encourage more competition, and allow easier exits for existing sponsors.

Capital / Liquidity

Chinese D-SIBs Have $550bn TLAC Shortfall: S&P Global Ratings

By Editors | 18/01/2023

Under rules released in 2021, China’s four G-SIBs will have to hold TLAC equal to 16 percent of their risk-weighted assets by 1 January 2025.

Crypto / Digital Assets

2022: A Roaring Year for Digital Assets in Singapore

By Angela Ang | 18/01/2023

Angela Ang looks back at digital asset developments in 2022 in Singapore, and ahead to what to expect in 2023.

Crypto / Digital Assets

EU: MiCA Vote Delayed Again Until April 2023 – Report

By Editors | 18/01/2023

The delay is reported to be due to technical issues associated with translating the English text into the EU’s 24 official languages.

Enforcement

New Zealand: Cigna to Pay Biggest-ever Penalty in FMA Case

By Editors | 18/01/2023

Cigna increased premiums and cover for customers without being clear and transparent about the basis for the increase.

Market Infrastructure

ESMA Adds TAIFEX to List of Recognised Third Country CCPs

By Editors | 18/01/2023

The recognition allows European financial institutions to apply the minimum risk weight of 2 percent for exposures to TAIFEX derivatives.

Enforcement

China Further Signals End to Tech Sector Crackdown

By Manesh Samtani | 18/01/2023

Didi passed its security review and is allowed to resume onboarding new customers. Government entities are acquiring “golden shares” in some tech giants.