Sustainable Finance

China Outlines Green Development Principles for Belt and Road

31/03/2022

Chinese firms will be encouraged to establish overseas equity investment funds focusing on green and low-carbon sectors, and cooperate on investment in green industries.

Structural Regulation

Next Bank Launches as Taiwan’s Third Digital-only Bank

30/03/2022

Next Bank shareholders include Chunghwa Telecom, PX Mart, Mega International Commercial Bank, KGI Bank, the Shin Kong Group, and Trade-van.com.

Emerging Prudential Risks

PBOC Releases Latest Bank Assessment Results

30/03/2022

The number of “red zone” institutions has declined for six straight quarters. No foreign-invested or private banks were identified as high-risk institutions.

Market Abuse

TWSE Probes Foreign Securities Firms Over Research Reports

29/03/2022

There have been rumours that foreign securities firms have been selling off stocks before they achieve the target prices specified in published research reports.

Tokenisation

Alibaba, Tencent Tighten Platform Rules Governing NFTs – Report

29/03/2022

NFTs in China are sold in yuan rather than crypto, do not use public decentralised blockchains, and cannot be resold after purchase.

Market Abuse

China Listed Companies Directed to Improve Financial Reporting

27/03/2022

Listed companies are asked to improve the effectiveness of their financial reporting controls and the quality of their accounting information.

Credit Risk

Taiwan FSC Identifies Failures by FIs to Rein In Real Estate Credit

27/03/2022

Two banks and two bill finance companies have not been compliant with regulations aimed at limited credit flows to the real estate sector.

Fraud, Scams & Cybercrime

CBIRC Warns of Crypto and Metaverse Frauds at College Campuses

23/03/2022

The CBIRC’s Beijing bureau warns that concepts such as the metaverse and blockchain are being used to defraud local college students.

Trading & Investment

Chinese Stock Exchanges Waive Fees for Pandemic-Hit Companies

23/03/2022

The Shanghai, Shenzhen and Beijing stock exchanges as well as the CSDC are waiving fees for listed companies based in cities affected by the pandemic.