Posts By Emma Zhou
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695CSRC Consults on Revised Mutual Funds Disclosure Rules
Emma Zhou August 8, 2018New guidelines aim to protect the interests of investors by improving the quality of and access to disclosures and increasing accountability in the asset management sector with regard to disclosures.
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800China Issues New Rules for Foreign Financial Networks, Information Services
Emma Zhou August 1, 2018New regulations require overseas financial network and information services providers such as SWIFT to submit written reports to the PBOC.
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608Chinese Bank Trials Blockchain-based Loan Issuance
Emma Zhou August 1, 2018Agricultural Bank of China has issued a ¥2mn loan backed by farmland from a Guizhou province branch; new system speeds up loan issuances and prevents fraud.
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4.7KBig Four to Pilot Blockchain-based Auditing in Taiwan
Emma Zhou July 24, 2018Deloitte, EY, KPMG and PwC will cooperate with a consortium of 20 banks to simplify the auditing process for public companies.
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763China Publishes Draft Rules on Bank WMP Business
Emma Zhou July 23, 2018New rules are designed to standardise the sector including by strengthening supervision, preventing shadow banking risks, improving leverage controls and protecting investors' interests.
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728HKMA to Launch Blockchain-based Trade Finance Platform by September
Emma Zhou July 18, 2018Platform will boost efficiency, lower costs and reduce fraud risks in trade finance for participating banks, which include HSBC, SCB, ANZ, BEA, DBS and Hang Seng.
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598India Proposes to Relax Payments Data Onshoring Rules
Emma Zhou July 16, 2018New proposal would allow international payments firms to store data offshore while only maintaining a copy in India, following lobbying effort by MasterCard, Visa and American Express.
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609Former NAB Branch Manager Banned for Loan Fraud
Emma Zhou July 13, 2018ASIC investigation found the branch manager accepted false documents to support loan applications and falsely attributed loans to obtain undue commissions.
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727FSC Eases Listings for Taiwan Owned Foreign Companies
Emma Zhou July 13, 2018New rules to attract overseas companies to list in Taiwan include the removal of a profitability requirement and a shortening of the FSC’s listing application review process.
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698Myanmar Stock Market Starts to Open to Foreign Investors
Emma Zhou July 10, 2018Under a new law due to take effect from 1 August, resident foreigners will be able to invest in up to 35% of the share capital of YSX-listed companies.
