ADVERTISEMENT
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.
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.
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.
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.
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.
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.
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.
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.
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.
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