Securities / Derivatives

SEBI Introduces Framework to Lower Entry Barrier for Passive Funds

04/01/2025

The framework allows PE funds set up in India or overseas to sponsor “MF Lite” entities, subject to certain conditions

Enforcement

PBOC Fines Three FIs for ‘Abnormal’ Bond Trading Behaviour

04/01/2025

Concerns are being raised about the capabilities of small and midsize firms to appropriately manage interest rate risk

Capital / Liquidity

Hong Kong Phase 2 Enhancements to Depositor Protection Scheme

04/01/2025

The measures provide enhanced coverage to affected depositors upon a bank merger or acquisition

Sanctions

South Korea Imposes Sanctions Against DPRK IT Workers

03/01/2025

The sanctions target IT workers who have been earning foreign currency for the North Korean government

Securities / Derivatives

RBI to Require Reporting of OTC Gold Derivatives Trades

03/01/2025

Starting from 1 February, banks must report all OTC transactions in gold derivatives undertaken in domestic markets, GIFT City, and outside India.

Sanctions

OFAC Sanctions Russian Judge for Jailing Human Rights Activist

03/01/2025

Olesya Mendeleeva is the first judge in Russia to find a defendant guilty under Russia’s war censorship laws.

Fintech / Regtech

RBI Forms Committee to Develop Regulatory Framework for AI

03/01/2025

The committee includes experts from IIT Bombay, NASSCOM, IIT Madras, MEITy, Trilegal, HDFC Bank, Microsoft, and the RBI.

Capital / Liquidity

HKMA Finalises Guidance, Reporting Form for CCyB Framework

02/01/2025

Reporting institutions should submit the revised return form starting from the reporting position as of 31 March 2025.

ESG / Sustainability

ASEAN Taxonomy Version 3 Takes Effect Following Revisions

02/01/2025

Version 3 of the ASEAN Taxonomy was revised before it took effect to provide greater clarity on the two new focus sectors.