Securities / Derivatives

Macau-Henqin Zone to Pilot QFLP Scheme from 29 January

11/01/2022

Foreign investors will be able to set up private equity funds in the Macau-Hengqin zone and raise money from onshore and offshore investors.

Securities / Derivatives

FSC Korea Unveils New Initiatives to Promote KONEX Market

11/01/2022

The FSC will set up a KRW 100 billion fund that will invest in KONEX listed firms and lower entry barriers for investors in the market.

Fintech / Regtech

FSC to Enable Greater Access to Data Convergence Services

10/01/2022

Rule changes will enable smaller firms with no data samples of their own to access anonymised data originating from other businesses.

Crypto / Digital Assets

Former CFTC Chair Calls for Dedicated US Crypto Regulator

09/01/2022

Such a bureau would have its own authorisation and financing, and adopt the mandates of both the CFTC and SEC, said J. Christopher Giancarlo.

Market Infrastructure

RBI Issues Eligibility Criteria for Use of Credit Information Services

07/01/2022

More entities will become eligible to tap credit information disseminated by CICs, which observers say will benefit digital lenders and neobanks.

Fintech / Regtech

Korean Presidential Hopeful to Use NFTs for Campaign Fundraising

07/01/2022

The Democratic Party of Korea’s Lee Jae-myung is set to become the world’s first presidential candidate to raise campaign funds using NFTs.

Securities / Derivatives

RBI Introduces New Market Making Scheme for G-sec Market

06/01/2022

The market-making scheme will ensure quotes are available to retail investors using the RBI Retail Direct Scheme to buy and sell G-secs.

Securities / Derivatives

FSC Korea Outlines Plans to Launch Second ‘New Deal’ Fund

05/01/2022

A private fund manager will be selected to manage 20% of the fund, which will prioritise investment in carbon net zero initiatives and local New Deal sectors.

Fintech / Regtech

BNM Proposes New Licensing Framework For Digital Insurers

05/01/2022

Digital insurers and takaful operators should have a minimum paid-up capital of MYR 40 million during the foundational phase.