Capital / Liquidity

Taiwan Eases FX Hedging Burden for Insurers with New Rules

29/12/2025

The new regime aligns with global standards, while accounting changes aim to reduce earnings volatility and costly over-hedging.

Capital / Liquidity

China Cracks Down on Hidden Debt, Orders Banks to Tighten LGFV Lending

29/12/2025

An official audit has revealed illicit financing practices, prompting new rules for banks and stricter oversight on local government debt.

Securities / Derivatives

Shanghai Exchange Issues STAR Market Listing Rules for Rocket Companies

29/12/2025

New guidelines waive profit rules for commercial rocket firms, requiring at least one successful orbital launch with a reusable rocket.

ESG / Sustainability

Taiwan Sets Phased IFRS Sustainability Reporting Rules for Brokers

29/12/2025

New regulations mandate phased adoption of IFRS Sustainability Disclosure Standards from 2026, including third-party assurance for GHG emissions.

Market Infrastructure

China Expands Cash Pool Programme for MNCs Nationwide

29/12/2025

The nationwide policy unifies renminbi and foreign currency pools and links foreign debt and overseas lending quotas to a company's net assets.

Securities / Derivatives

China Sets New Rules for Overseas Listing Proceeds, Mandating Repatriation

29/12/2025

The new rules, effective April 2026, require funds raised offshore to be repatriated in principle, with specific account and approval requirements.

Market Infrastructure

Philippines Mandates ISO 20022 for All Retail Payment Systems

29/12/2025

The new rules give financial institutions two years to fully adopt the global messaging standard for domestic and cross-border payments.

ESG / Sustainability

China Unifies Disclosure Rules for Bank and Insurance Asset Management Products

29/12/2025

New measures aim to standardise information disclosure for trust, wealth management, and insurance asset management products under a unified framework.

Capital / Liquidity

Korea Urged to Overhaul Securities Firm Capital Rules over Systemic Risk Concerns

29/12/2025

The KDI warns current capital adequacy metrics create a "dangerous illusion" of soundness and proposes a return to stricter, pre-2016 rules.