The Treasury is proposing legislative amendments to make industry codes of conduct legally enforceable, where contraventions will constitute a breach of the law.
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.
Industry veteran Philip Keller explores the approach taken by regulators in the Philippines to encourage fintech innovation and financial sector digitalisation.
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.
SBI, ICICI Bank and HDFC Bank will remain India's D-SIBs this year. The additional CET1 capital they need to hold will rise in April.
Regulators will tolerate higher NPL ratios on bank lending to small and micro companies, in a bid to improve access to financing for China's ‘real economy’.
The new rules against market abuse cover market and benchmark manipulation and the misuse of information in markets regulated by the RBI.
ISDA, FIA and IIF members dispute the appropriateness of extending the NCWOL safeguard to equity holders, and debate the size of the "skin-in-the-game" tranche.
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.
The minimum prudential expectations for banks exposed to crypto-assets relate to due diligence, governance and risk management, public disclosure and supervisory dialogue.