Capital / Liquidity

ICBC, BOC to Issue First TLAC Bonds This Week

14/05/2024

ICBC and Bank of China will each raise CNY 30 billion through TLAC bonds this week, their first such issuances.

Market Infrastructure

HKEX Announces Plans to Enhance Securities Clearing Arrangement

14/05/2024

The enhancement will allow exchange participants that are non-clearing participants to appoint more than one general clearing participant for the clearing and settlement of stock and options trades.

Enforcement

FSS Korea Finds Misconduct at Real Estate Trust Companies

13/05/2024

The FSS found extortion of real estate developers, and other misconduct. The cases will be referred to investigative agencies.

Enforcement

ICBC, Bank of China Execs Facing Corruption Prosecutions

13/05/2024

New corruption investigations also launched against former officials from the NFRA, CCB and China Development Bank.

Crypto / Digital Assets

BSP Allow PHP Stablecoin Project to Enter Sandbox

13/05/2024

Coins.ph will test a peso-backed stablecoin in payments, trading, hedging and DeFi applications.

Capital / Liquidity

Korea Unveils New Measures to Speed Up PF Loan Restructuring

13/05/2024

The measures will ensure struggling real estate projects enter restructuring rather than delay the resolution of liquidity risks.

Securities / Derivatives

HKMA Issues Revised Guideline on SFC-registered AIs

13/05/2024

The revised module aims to serve as a “convenient regulatory handbook” for HKMA-authorised institutions that are also registered with the SFC.

AML / KYC

Taiwan Progresses New Anti-Fraud Legislative Package

12/05/2024

The legislative extends fraud prevention obligations to VASPs, telecom companies, and internet advertising platforms, among others.

Securities / Derivatives

Hong Kong, Saudi Arabia Working on More ETF Listings

12/05/2024

An ETF that tracks Hong Kong’s stock indices will list in Riyadh. More Saudi Arabia ETFs may also list in Hong Kong.