Crypto / Digital Assets

Shanghai Data Exchange Opens New Board for NFT-Like Assets

27/08/2022

Digital assets that can be traded on the new board are “non-monetary assets” owned in digital form for cultural and creative purposes.

Securities / Derivatives

BOE Confirms Plans to Remove USD LIBOR Contracts from DCO

26/08/2022

The BOE will add SOFR overnight index swaps to the scope of contracts subject to the derivatives clearing obligation and remove USD LIBOR contracts in April 2023.

AML / KYC

Germany to Form New Federal Authority for Financial Crime

26/08/2022

Germany currently has more than 300 supervisors, an issue highlighted by the FATF in its latest mutual evaluation report on the country.

Market Infrastructure

US, China Nears Deal to Resolve Long-running Audit Dispute

26/08/2022

The CSRC has informed some accounting firms that US regulators may be visiting Hong Kong in September to inspect the audit records of US-listed Chinese companies.

Fintech / Regtech

RBI Releases Amex from Restrictions Imposed Last Year

26/08/2022

The restrictions imposed on Diners Club and Mastercard for violations of India’s data storage rules have also already been lifted.

Fintech / Regtech

NPCI Signs Agreement to Enable UPI Payments in UK

26/08/2022

India’s UPI-based QR code payments will be available in the UK on all of PayXpert’s android POS devices for in-store payments.

ESG / Sustainability

CSRC Directs Stock Exchanges to Amend Green Bond Rules

26/08/2022

The rule changes would require green bond issuers use 100 percent of proceeds on green projects, compared to 70 percent currently.

China Announces New Measures to Support Economic Recovery

25/08/2022

The measures includes ¥500bn in local government bond quotas, ¥300bn for infrastructure projects, and ¥200bn in bonds issued by state-owned power companies.

Crypto / Digital Assets

Malaysia SC Adds Huobi to Investor Alert List

25/08/2022

The Securities Commission said Huobi is operating a digital asset exchange without being registered with the regulator.