Securities / Derivatives

China Regulators Issue Notice on Promoting Private Pensions

17/06/2022

The notice encourages FIs to help individuals plan early for retirement and emphasises the need to improve income levels among the elderly.

ESG / Sustainability

PBOC Orders Banks to Finance Water Conservancy Projects

16/06/2022

Policy, development, state-owned, small and medium-sized banks are directed to provide credit to support the construction of water conservancy infrastructure.

Market Infrastructure

China Issues Certification Rules for Network Operators

15/06/2022

The data processing activities covered under the rules include online data collection, storage, use, processing, transmission, provision, and disclosure.

Market Infrastructure

UK-Singapore Digital Economy Agreement Enters Into Force

15/06/2022

The agreement promotes cooperation on cross-border data flows, fintech, cybersecurity, and mutual recognition of digital identity systems.

Capital / Liquidity

CBIRC Directs Bad Debt Managers to Contain Risk at Smaller Banks

12/06/2022

China’s large state-owned asset management companies are asked to play a greater role in reducing the risks from non-performing assets at small and medium-sized banks.

ESG / Sustainability

Singapore Prepares to Issue First Sovereign Green Bonds

10/06/2022

Singapore authorities have published a framework setting out how the government will issue and manage sovereign green bond issuances.

Market Infrastructure

Guangzhou Activates Plans to Become GBA Wealth Hub

09/06/2022

Guangzhou’s financial regulator will seek to attract talent and capital to the city and promote it as a wealth and asset management centre.

ESG / Sustainability

China Launches Transition Bonds for Eight ‘Dirty’ Industries

09/06/2022

Huaneng, Hualu Group and Baosteel have become the first companies to issue transition bonds, marking the official launch of the pilot programme.

PBOC to Boost Incentives for Inclusive Small, Micro Loans

08/06/2022

The PBOC will pay banks 2 percent of the incremental balance of inclusive small and micro loans, up from 1 percent previously.