Securities / Derivatives

Taiwan, Malaysia to Cooperate on Derivatives Market Development

18/05/2020

The two exchanges will share information and best practices relating to product development, market operations, and other areas of common interest.

Capital / Liquidity

Bangladesh Opens Special One-Year Repo Facility for Banks

18/05/2020

The new facility will allow lenders to access central bank liquidity for up to 360 days, compared to a maximum 28-day term allowed under existing facilities.

RBNZ Registers ICBC to Provide Banking Services in New Zealand

18/05/2020

The RBNZ expects ICBC to conduct business in New Zealand through both a new branch and a subsidiary it has had registered since November 2013.

Securities / Derivatives

HKEX Moves to Enhance Liquidity of Exchange Traded Products

18/05/2020

A new spread table will reduce tick sizes and spreads for ETPs, while new market making obligations create a more competitive liquidity providing environment.

SFC to Get Another Three Year Term from CEO Ashley Alder

18/05/2020

Alder was expected to step down in September, but has decided to stay on to ensure regulatory clarity through the current period of “exceptional stress”.

FMA Approves Over Half of NZ Advisers Under New Regime

18/05/2020

The new financial advice regime is not expected to start until after March 2021, but the FMA has already approved transitional licence applications accounting for more than half of NZ’s financial advisers.

Market Infrastructure

FSC Korea Targets ASEAN Expansion in Financial Hub Plan

18/05/2020

A new three-year plan to establish Korea as a financial hub involves regulatory reforms to promote innovation, enhance domestic infrastructure, and build its ASEAN presence.

ESG / Sustainability

Nasdaq Launches Service to Track ESG Impact of Investments

18/05/2020

‘ESG Footprint’ helps investors track a wide range of sustainability criteria, including carbon footprint, board diversity and companies flagged for human rights issues.

AML / KYC

DPRK Cyber Crime Group Increasingly Active in S Korea

18/05/2020

The primary targets of the cyberattacks are cryptocurrency traders, exchanges and others who work in the field, according to cyber security firm ESTsecurity.