LATEST NEWS

    image

    Securities / Derivatives

    Korea to Address Maturity Mismatch Risk in Trust & Wrap Products

    By Editors | 23/03/2024

    Legislative amendment requires firms offering trust and wrap products to adhere to certain risk management standards and obtain additional consent from investors.

    image

    Sanctions

    India Stops Accepting Oil from Sanctioned Russian Vessels

    By Editors | 22/03/2024

    Private and state-run refiners in India have stopped accepting cargoes from vessels owned by Sovcomflot, which was sanctioned by the US last month.

    image

    China Launches New Complaints Handling Platform

    By Editors | 22/03/2024

    The platform will help improve efficiency, enhance service quality, and standardise complaints management processes at banks and insurers.

    image

    Sanctions

    Armenian Banks Stop Accepting Russian Mir Cards – Reports

    By Editors | 22/03/2024

    The Union of Armenian Banks attributed the decisions to the risk of secondary sanctions from the US.

    image

    Market Infrastructure

    EU, China Hold Inaugural Meeting of New Working Group

    By Mark Johnston | 22/03/2024

    Regulators from both sides discussed AML, supervisory cooperation, sustainable finance, capital markets, cross-border data transfers, payments, and CCP equivalence.

    image

    Securities / Derivatives

    Japan GPIF Considers Diversifying Holdings Into Forests and Bitcoin

    By Editors | 22/03/2024

    World’s largest pension fund seeking information on investing in forests, farmland, gold, and crypto-assets; plans to resume foreign stock lending.

    image

    Capital / Liquidity

    HK LegCo Reviews Legislation to Implement RBC Regime for Insurers

    By Editors | 22/03/2024

    The legislation covers revised qualifications for actuaries and the fees and levies payable to the IA. The new regime will commence from 1 July 2024.

    image

    Uncategorised

    US SEC Facing Industry Lawsuit Over Dealer Rule

    By Editors | 22/03/2024

    AIMA and others say the SEC does not have statutory authority to change the definition of “dealer” and did not take into account economic consequences when adopting the rule.

    image

    ESG / Sustainability

    IAIS Launches Third Public Consultation on Climate Risk

    By Editors | 22/03/2024

    The consultation addresses issues relating to corporate governance, risk management and internal controls, valuation, investment policy and enterprise risk management.

    image

    Securities / Derivatives

    SEBI to Launch “Beta” Version of T+0 Settlement System on 28 March

    By Ajoy K Das | 22/03/2024

    The new optional same-day settlement cycle for equities will be tested with a “limited set of 25 scrips” and a “limited number of brokers”.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team