Securities / Derivatives

SEBI Moves to Lower Trading Costs for Investors

04/03/2019

Fees SEBI charges to brokers, stock exchanges and companies seeking to list will be reduced, among other changes aimed at spurring capital market activity.

Securities / Derivatives

MSCI Decision Prompts CSRC Vow to Open China Derivatives Markets

04/03/2019

MSCI will quadruple the weighting of Chinese mainland shares in its global benchmarks this year. Remaining market accessibility issues must be addressed for future weight increases.

Capital / Liquidity

Record Number of Bangladesh Banks Face Provisioning Shortfall

04/03/2019

As a result of non-performing loans in the banking sector and excessive lending in violation of banking regulations, 15 banks in Bangladesh are facing provisioning shortfalls.

Market Infrastructure

Thailand Moves to Transaction-based Calculation for THBFIX

04/03/2019

The “more credible” transactions-based approach will improve transparency and reduce risks of manipulation, and is in line with the IOSCO Principles for Financial Benchmarks, the BOT said.

Big Picture

S&P Upgrades Philippine Banking System Following New BSP Charter

04/03/2019

The new charter bolsters the BSP’s powers to exercise its core mandate of promoting a sound financial system and address risks arising from the financial system’s interconnectedness.

Securities / Derivatives

China Finalises Rules for Shanghai’s New Tech Board

04/03/2019

The CSRC has scrapped limits on first day gains of new IPOs, and will allow daily price fluctuations up to 20%. But, same day buying and selling of listed companies will be restricted.

Capital / Liquidity

APRA Unveils 2019 Policy Agenda in New Paper

03/03/2019

Much of the focus will be on lifting industry standards on governance, remuneration, and the management of non-financial risks, said APRA chair Wayne Byres.

Fintech / Regtech

India Tech Startups Lobby for Dual-Class Share Structures

01/03/2019

A lobby group for startups in India is urging the government to change the criteria for shares with differential voting rights to allow founders and promoters to better safeguard their ownership control.

Enforcement

ABA to Amend Code of Practice to Implement Hayne Recommendations

01/03/2019

The Australian Banking Association will implement 7 Royal Commission recommendations through amendments to the Banking Code of Practice.