ESG / Sustainability

China Plans to Adopt ISSB Sustainability Reporting Standards

27/04/2022

The CSRC is currently asking A-share companies to disclose their ESG information on a voluntary basis, but in time they will be required to adopt international standards.

AML / KYC

China Proposes to Enhance Licencing System for Dual-use Goods

26/04/2022

The draft regulations are aimed at fulfilling China’s international obligations on non-proliferation and addressing the fragmented structure of the existing rule system for export controls.

Securities / Derivatives

CSRC Vice Chair ‘Hopeful’ on US-China Audit Supervision

26/04/2022

CSRC vice chair Fang Xinhai said he is “very hopeful” that an agreement can be reached with US regulators in the “near future”.

Securities / Derivatives

SSE, SZSE Finalise Rules Changes to Enhance Bond Market

25/04/2022

The regulations simplify bond listing requirements, promote greater market participation, and create a more standardised and transparent bond market.

Securities / Derivatives

CSRC Issues Standards for Fund Managers, Carbon Products

23/04/2022

The new series of financial industry standards cover data governance of fund companies, carbon financial products, and mobile app design.

Securities / Derivatives

CSRC Finalises New Rules on Investor Relations Management

20/04/2022

The guidelines require listed companies to enhance their investor relations practices, including by providing more ESG information in communications.

CBIRC Directs FIs to Provide Support to Covid-hit Logistics Sector

18/04/2022

Banks are directed to increase financial support for transportation enterprises, including by offering them new lending, deferring loan repayment, and lowering loan interest and fees.

Enforcement

Taiwan FSC Fines Cathay United Bank Over ATM Disruptions

14/04/2022

The bank was fined, temporarily barred from setting up new ATMs, and required to increase its operational risk capital by 30 June.

Market Infrastructure

Singapore Starts Licensing Cybersecurity Service Providers

14/04/2022

Firms that provide penetration testing or managed security operations centre monitoring services have to apply for a licence by 11 October.