This article identifies some of the potential legal and policy issues involved in the future regulation of over-the-counter (OTC) derivatives. First, regulators must be cautious in the regulation and solvency of some mammoth clearing-houses. Second, Singapore and Hong Kong both face challenges...

This article examines the effect by imposing higher board independence requirement on private benefit extraction by corporate management or controlling shareholders in Hong Kong and Singapore, which are both international financial centers transplanting the Anglo-American corporate governance...

Since the global financial crisis, Asian regulators have strived to curb the misselling of wealth management products by strengthening product disclosure, enhancing suitability assessments and conducting product intervention. However, much less attention has been paid to financial institutions'...

This paper examines regulatory sandboxes in the UK, Singapore and Australia. We find that there is relatively a lower number of applications of the so-called insurTech firms for regulatory sandbox, comparing with application of fintech in other financial sectors. This paper argues that, while...

This paper generally explores legal challenges to Chinese financial institutions in Southeast Asia amidst China's grand ‘One Belt, One Road' plan in 2015 and the establishment of the Association of Southeast Asian Nationals (ASEAN) Economic Community effective in 2016. Banking and finance play...

Many jurisdictions around the world, including Asia, have corporate governance codes largely based on the transnational code drafted by the Organisation for Economic Cooperation and Development (OECD). The core ideas underpinning the OECD's principles of corporate governance are board...

This article investigates the transnational flow of state, non-state and supranational norms governing over-the-counter (OTC) derivatives at both the contractual and regulatory levels. Our analysis reveals that the flow of these norms has fashioned a multi-layered transnational legal order. The...

The purpose of this article is to examine the role of the Securities and Futures Investors Protection Center (SFIPC) in Taiwan in enforcing the duties of directors. To help shareholders or investors pursue a director for breach of company law or securities regulations, Taiwan created the SFIPC,...

The greying of society has become a significant problem in Singapore and many parts of Asia, putting great financial pressure on various aspects of the economy, including the insurance and pension markets. In this article, we generally examine certain key aspect of legal infrastructure in...

This article compares new product intervention rules in Singapore, Hong Kong and Taiwan for complex structured investment products. Singapore's approach is to improve firms' internal safeguard, while Hong Kong's approach is to require prior authorisation for new unlisted structured investment...