Cryptocurrency

CME Group Announces Launch Of Ether Options

12/09/2022

The new options contract is being launched in anticipation of the upcoming Ethereum Merge, which CME sees as a “potentially game-changing update”.

Trading & Investment

RBI Warns Against Use of Unauthorised FX Platforms

12/09/2022

The RBI lists 34 FX trading platforms it says are not authorised to operate in India. The list include FXCM, XTB, TD Ameritrade, eToro, and IG Markets.

Structural Regulation

HKEX is Preparing for IPO Wave by Streamlining IPO Processes

12/09/2022

Chairwoman Laura Cha revealed that HKEX has over 170 IPO applications from companies, but many are waiting for market conditions to improve before listing.

Emerging Prudential Risks

New Bank Disclosure Requirements Deferred Three Months: RBNZ

12/09/2022

The changes to bank assurance reports will come into force for reporting dates starting from 31 December 2022, three months later than planned.

Payments & Settlements

Singapore-India Real-time Payments Launch Delayed to December

12/09/2022

At least five Indian banks are reportedly in talks with Singapore’s DBS regarding the PayNow-UPI linkage, which was initially meant to launch in July 2022.

Structural Regulation

Credit Suisse Secures Deal to Fully Acquire China Securities JV

12/09/2022

The deal would make Credit Suisse the latest global bank to control 100% of its onshore securities venture after JP Morgan and Goldman Sachs.

Payments & Settlements

HKMA, BOT Exploring Cross-border Payments Arrangement

12/09/2022

Visitors would be able to use their home faster payment system to pay for shopping and food in each other’s markets via their mobile phones.

Capital Adequacy

PBOC, CBIRC Publish 2022 List of D-SIBs

12/09/2022

China Minsheng Banking Corp was moved from Group 2 to Group 1, lowering its additional capital requirement.

Payments & Settlements

US Appeals Court Rules for Citi in Revlon Dispute

12/09/2022

The court ruled that Revlon lenders cannot keep USD 500 million they were sent in error by Citigroup, which was acting as the loan agent.