PEPs & Sanctions

OFAC Sanctions Targets Linked to Houthi Weapons Procurement

18/06/2024

OFAC designated three companies in China; entities in Hong Kong, UAE and Oman; three individuals; and a vessel.

Trading & Investment

PASLA to Expand Footprint to Australia, New Zealand

18/06/2024

PASLA will work with the Australian Securities Lending Association to finalise an agreement within Q4 2024.

Trading & Investment

Indonesia Stock Exchange to Upgrade Trading Platform

18/06/2024

IDX also announced that it will enhance its market surveillance capabilities and further develop its index business.

Credit Risk

China Starts Implementing Plans to Address Property Supply Glut

17/06/2024

The PBOC is providing a re-lending facility to support loans to SOEs to buy and convert unsold homes into affordable housing.

Cloud & Infrastructure

OJK Launches Integrated Licensing System for Fintech Sector

17/06/2024

The “SPRINT” application was developed to streamline and integrate licensing processes for the financial technology sector.

Payments & Settlements

BOT Launches “Enhanced” Sandbox for Programmable Payments

17/06/2024

The sandbox allows testing of payments where transaction conditions are automatically set using DLT and smart contracts.

Trading & Investment

CSRC Approves First ETF Listings Tracking Saudi Arabia

17/06/2024

Two ETFs managed by Huatai-Pinebridge Fund Management and China Southern Asset Management were approved.

CBDCs

BIS Publishes Results of Latest CBDC, Crypto Survey

17/06/2024

Central banks are now more likely to issue a wholesale CBDC than a retail CBDC within the next six years.

Structural Regulation

CSRC Proposes to Enhance Funds Recognition Scheme

17/06/2024

Mutually recognised funds will be allowed to delegate their investment management functions to overseas asset management institutions.