Securities / Derivatives

Seven Funds Get CSRC Approval for Shanghai Sci-Tech Board

23/04/2019

The first seven funds have been approved by the CSRC to invest in stocks on Shanghai’s new science and technology innovation board.

Market Infrastructure

China Delays Data-Onshoring Rules Until After US Trade Talks

23/04/2019

China’s Cyber Security Law requires firms to keep personal and ‘important data’ onshore, but uncertainties around the rules and implementation timeline remain.

Big Picture

Central Banks Call for Collective Action to Mitigate Climate Risks

23/04/2019

The Central Banks and Supervisors ‘Network for Greening the Financial System’ has published a report providing recommendations to mitigate climate-related financial risks.

Crypto / Digital Assets

Korean FIs Should Strengthen Ties with ASEAN Countries – FSS

22/04/2019

FSS first senior deputy governor Yoo Kwang-yeol in a closed door meeting told Korean financial institutions with units in Southeast Asian countries to offer more localised financial services.

Securities / Derivatives

DSE Proposes Measures to Develop Bangladesh Capital Market

22/04/2019

After a major decline in market cap since last year, Dhaka Stock Exchange has submitted proposals to the regulator to help stimulate the market.

Securities / Derivatives

China to Amend Securities Law This Year

22/04/2019

China plans to amend its securities law within this year, with an aim to strengthening investor protection and enforcement against violators.

Securities / Derivatives

China Further Loosens Restrictions on Index Futures Trading

22/04/2019

Margin requirements, intraday volume restrictions and transaction fees have all been reduced, according to a statement from the CFFEX.

Securities / Derivatives

CSRC Asks Brokers to Issue CDS on Private Company Bonds

19/04/2019

The move is aimed at helping private companies to raise funds on the market. CDS products, though new to China, will provide assurances against default.

AML / KYC

FATF Releases Mutual Evaluation Report on China

19/04/2019

Some of the gaps identified relate to an insufficient focus on non-financial businesses and professions, difficulties identifying beneficial ownership, and an inadequate sanctions framework.