The new standard will commence on 1 January 2023. APRA will consult on additional guidance later this year, also covering ESG risks.
July 21, 2022Bank of China, China Everbright Bank, and their two wealth management subsidies were fined a total of almost CNY 15 million.
June 9, 2022Domestic companies can only list overseas after first listing in India. Rule changes that would have allowed direct overseas listings have reportedly been suspended.
March 25, 2022HKEX has referred cases to the SFC involving newly listed issuers entering investments or arrangements with the professional parties who helped them list.
February 2, 2022Measures proposed in a new IMF staff paper include enhanced liquidity management tools, redemption frequency limits, and the use of swing pricing to disincentivise early exits.
September 22, 2021The BIS compares the ESG boom to railroad stocks in the mid-1800s, internet stocks during the dotcom bubble, and MBS during the GFC.
September 22, 2021The EBA, ESMA and EIOPA warn of increasingly sophisticated cyber-attacks, deteriorating credit quality, and possible exuberance in markets.
September 13, 202113 SPAC IPOs in Korea this year were oversubscribed 169.4 to 1. Historically, 85 of 133 SPACs completed mergers, a success rate of 63.9%.
September 1, 2021A new classification system will distinguish between “general PEFs” and “institution-only PEFs”. PEFs will be subject to increased monitoring and external audits.
August 7, 2021The CSRC says it will seek closer cooperation with the US SEC and enhance the transparency and predictability of policy measures.
August 5, 2021