Capital / Liquidity

FSB Publishes 2023 List of Global Systemically Important Banks

28/11/2023

The FSB added Bank of Communications to the G-SIBs list and removed Credit Suisse and UniCredit. Three banks moved to a higher capital buffer bucket.

Securities / Derivatives

ASX Announces Decision to Wind Down mFund Platform

28/11/2023

ASX said it received feedback that self-directed and advised investors were unlikely to adopt mFund to the same extent that they adopt exchange traded products.

Sanctions

EU Expands Sanctions “Carve-Out” for Humanitarian Aid

28/11/2023

Latest Council decision will permit humanitarian transactions with EU-sanctions targets under 10 sanctions programs.

Securities / Derivatives

CSRC Approves First Three Consumption-related REITs

27/11/2023

The new approvals come after the CSRC unveiled measures in March this year to foster the issuance of new REIT products.

AML / KYC

HK Police, Banks Inaugurate New “Anti-Deception Alliance”

27/11/2023

Through the Alliance, ten participating banks will work alongside the police to provide real-time assistance in detecting, disrupting and deterring scams.

Enforcement

Korean Regulator Probes Sales of High Risk Derivatives

27/11/2023

Korean banks and brokerage firms sold equity-linked securities tied to the HSCEI, which has fallen more than 50 percent from its peak in 2021.

Enforcement

CSRC Probes Private Funds Over False Disclosures

27/11/2023

The CSRC said two private funds engaged in a multi-layered investment scheme, with false information disclosure and possible criminal behavior.

Crypto / Digital Assets

Interactive Brokers, Victory Securities Granted HK Crypto Licences

27/11/2023

Interactive Brokers and Victory Securities say they have approval to offer crypto trading services to retail investors in Hong Kong.

Capital / Liquidity

China Finalises Bank Rules on Country Risk Management

27/11/2023

Banks must establish “formal internal country risk rating systems” and set aside proportionate reserves for country risk.