Market Infrastructure

Market Infrastructure

Bursa Malaysia Enhances Collective Investment Rules

By Editors | 07/04/2018

Unit holder protections, corporate governance, disclosure quality to be enhanced; applicable to REITs, ETFs, closed-end funds.

Securities / Derivatives

IOSCO Issues Corporate Bond Transparency Recommendations

By Editors | 07/04/2018

Better access to information will aid regulator functions, enhance cross-border information sharing, enable better informed investment decisions, boost market liquidity.

Market Infrastructure

FSS Confirms Former Chief’s Role in Hana Bank Hiring Scandal

By Editors | 06/04/2018

Hana Financial Group chairman and KEB Hana Bank president also tied to illegal hiring of 32 employees in 2013.

Enforcement

New Chief of S.Korea’s FSS Targets Bank Profiteering from Predatory Lending

By Manesh Samtani | 05/04/2018

New FSS chief to protect investors and root out irregularities by targeting predatory lending, bank profit structures, family-run conglomerates.

Market Infrastructure

Executive Remuneration Practices Need Improvement – APRA

By Editors | 05/04/2018

APRA review of executive remuneration frameworks at twelve financial institutions found remuneration structures do not encourage behaviour focused on risk management or long-term financial soundness.

Fintech / Regtech

GFMA Publishes Common Approach for Cyber Penetration Testing

By Manesh Samtani | 05/04/2018

New penetration testing framework establishes process for industry-wide cross-jurisdictional coordination on development and use of existing frameworks.

Capital / Liquidity

BCBS Publishes Study on Early Supervisory Intervention Practices

By Editors | 03/04/2018

Intervention action should be taken to correct unsafe or unsound banking practices before rules and buffers are materially breached.

Market Infrastructure

Japan Exchange Group to Sell SGX Stake Over Three Years

By Editors | 03/04/2018

JPX to sell stake due to governance code requirements to explain strategic holdings, but says cooperation will continue.

Market Infrastructure

Bangladesh Banks Call for Reforms on Internal Controls, Compliance

By Garima Chitkara | 02/04/2018

The Bangladesh Institute of Bank Management presented a report calling for reform of internal control and compliance departments at the country’s banks.