Securities / Derivatives

Market Infrastructure

India Overhauls Credit Rating Agency, Fund Sponsor Regulations

By Editors | 02/01/2018

Securities regulator increases net worth requirement for agencies, requires separate legal entities for ‘non-core business’.

Capital / Liquidity

HSBC, StanChart Only HK Stocks to Fall Under MiFIR

By Editors | 29/12/2017

Only two Hong Kong-listed stocks have sufficient EU volume to comply with MiFIR trading obligations.

Market Infrastructure

Taiwan Stock Exchange Launches Co-location Services

By Garima Chitkara | 29/12/2017

Exchange says move will boost trading speeds, bring Taiwan up to speed with international standards and regulations.

Fintech / Regtech

Malaysia to Introduce Alternative Trading Systems

By Garima Chitkara | 26/12/2017

Securities Commission invites proposals from parties interested in participating in regulatory sandbox sessions under its innovation lab.

Capital / Liquidity

HK SFC to Remove Corporate Treasury of non-Financial Firms from OTC Regulation

By Samuel Riding | 21/12/2017

Extensive consultation also proposes to expand risk mitigation requirements to ‘all licensed corporations’, rejects idea of regulatory threshold.

Capital / Liquidity

MAS to Expand Range of Eligible Collateral to Include Commodities for IRB Banks

By Editors | 21/12/2017

Banks using internal ratings for credit risk under Basel guidelines will be allowed to have commodities as physical collateral.

Enforcement

HK SFC Releases 1st MiC Regime Guidance Bulletin

By Editors | 20/12/2017

Report warns on conflicts of interest in sales practices and asset management; notes asset management sector now has more than half of all intermediaries.

Capital / Liquidity

HK SFC Proposes Raising Capital Required by Fund Managers

By Editors | 19/12/2017

Consultation covers raising of minimum capital requirement to HKD10 million, introduction of derivatives use by public funds with enhanced safeguards.

Enforcement

Standard Chartered Brokerage Arm Hit With $330,000 Fine

By Editors | 19/12/2017

SFC investigation reveals internal control failures resulted in at least 61 regulatory breaches involving short selling, required liquid capital deficit of HKD2 billion.