Market Infrastructure

China Pledges Further Opening-up in Five-Year FDI Plan

30/10/2021

The plan includes measures to further open up the banking, securities, insurance, funds, futures and other financial sectors.

China to Allow Foreign Investors to Open VPN Services

27/10/2021

Foreign telecoms companies will be allowed to set up joint ventures in China to provide VPN services to foreign businesses operating in Beijing.

Taiwan’s FSC Amends Regulations for Financial Holding Companies

26/10/2021

Foreign banks in Taiwan are no longer required to have a local chief of information security if there is a designated officer at the head office or regional level.

Market Infrastructure

China to Develop Digital Trade, Cross-border Payments

25/10/2021

Under a new five-year plan for trade in services, China will upgrade CIPS and further develop cross-border payments and financing.

Enforcement

CSRC to Pilot Arbitration System for Capital Market Disputes

22/10/2021

Arbitration courts in Beijing, Shanghai and Shenzhen will help to facilitate the resolution of disputes in the securities and futures market.

ESG / Sustainability

PBOC Set to Launch Credit Tools to Support Emissions Reduction

21/10/2021

FIs will be able to lend to qualified companies to back emissions reduction projects and apply to the central bank for funding support.

Securities / Derivatives

New Beijing Stock Exchange Prepares for Launch

20/10/2021

More than 100 market participants participated in a second round of tests. The new exchange is expected to start trading as early as this month.

Fintech / Regtech

CBIRC Shenzhen Launches Initiative to Drive SupTech Development

18/10/2021

A new Smart Inspection Laboratory will develop tools to facilitate on-site inspections, off-site supervision, and market access.

Securities / Derivatives

Taiwan FSC Amends Personnel Rules for Mutual Funds

14/10/2021

Eleven overseas firms offering securities investment trust funds in Taiwan will need to set up a local risk management department by end-2022.