Darien Choong

    image

    Darien Choong is a former reporter for Regulation Asia.

    Articles by Darien Choong

    Capital / Liquidity

    CBIRC Issues Rules to Standardise ECL Processes at Banks

    22/05/2022

    The rules will address differences in how banks have implemented the ECL method, and prevent its use as a “tool” to adjust profits.

    Securities / Derivatives

    CBIRC Enhances Investment Flexibility for Insurance Funds

    19/05/2022

    The CBIRC expanded the types of financial products insurance funds can invest in and clarified regulatory requirements for entrusted investment of insurance capital.

    Securities / Derivatives

    China Property Firms Start Issuing Debt with Credit Protection

    19/05/2022

    This is the first time Chinese developers are issuing public debt with credit risk protection, said one property analyst.

    Market Infrastructure

    TDCC to Operate Centralised Clearing Platform for Funds

    18/05/2022

    Taiwan Depository Clearing Corp is will establish and operate a centralised domestic fund clearing platform.

    Securities / Derivatives

    SSE Consults on Market Making Rules for STAR Market

    17/05/2022

    The consultation comes as the CSRC releases final regulations on the introduction of a market-making mechanism for the STAR Market.

    China: State-owned Banks to Step Up Lending to MSMEs

    15/05/2022

    State Council-approved measures call on state-owned banks to increase lending and repayment flexibilities for MSMEs.

    ESG / Sustainability

    China: ESG Disclosure Standards to Take Effect on 1 June

    14/05/2022

    Ping An, China Mobile, Ant Group, Dagong Credit Rating as well as asset managers and energy producers helped to develop the standards.

    PBOC Directs FIs to Bolster Support for Shanghai Borrowers

    12/05/2022

    The PBOC’s Yu Wenjian said increasing lending is a key area where FIs can help Covid-hit firms to restart work and production.

    Securities / Derivatives

    CBIRC Issues Rules for Launching Private Pension Products

    11/05/2022

    A new CBIRC notice is aimed at encouraging banks, wealth management firms and life insurers to develop their commercial pension business.

    Market Infrastructure

    First Rural Lender Added to Greater Bay WMC Scheme

    11/05/2022

    Shenzhen Rural Commercial Bank has partnered with DBS Hong Kong to offer cross-border wealth management services to mainland residents in the GBA.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team