PEPs & Sanctions

Taiwan Adds Nitrocellulose to Export Control List

06/06/2024

Taiwan is expanding its restrictions on exports of nitrocellulose, which is used to make smokeless gunpowder and ammunition propellant.

Trading & Investment

HKMA Exploring Further Enhancements to Wealth Connect

06/06/2024

The individual investor quota was tripled this year, but it is still “not quite enough for private bank clients”, said HKMA’s Eddie Yue.

ESG Data

SET to Develop New System for Managing Emissions Data

06/06/2024

Energy consumption data will feed directly into the “SET Carbon system”. A prototype is expected to be ready in Q1 2025.

Clearing & Post-Trade

FIA, DMIST Publishes New Standards on Average Pricing

06/06/2024

DMIST calls for CCPs globally to adopt the new average pricing standards, to drive consistency and improve allocation processes.

Anti-Money Laundering

Myanmar Cracks Down on Cross-border Remittances

06/06/2024

“Hundi” cash transfer services and overseas property deals are being blamed for a severe depreciation of Myanmar’s currency.

Cryptocurrency

Japan FSA Directs Crypto Firm to Report on $300m Theft

06/06/2024

The FSA directed DMM Bitcoin to investigate and report on the cause of the theft. The government will monitor these efforts and “respond appropriately”.

Sustainable Finance

Japan Forms Group to Examine Carbon Market Infrastructure

06/06/2024

The new study group will examine the state of the infrastructure and market practices for carbon credit trading in Japan.

PEPs & Sanctions

US Authorities Accused of Ignoring Evidence Against StanChart

06/06/2024

A whistleblower says US officials falsely denied that he had provided useful information in order to have his claim for a whistleblower reward dismissed.

Market Data & Technology

China Considers Market Data Restrictions for Quant Funds

06/06/2024

The move is reportedly intended to “blindfold” quant funds to make the market fairer and create a level playground for retail investors.