Securities / Derivatives

Taiwan FSC to Relax Rule on Discretionary Investment Accounts

12/11/2024

The proposed amendment removes a rule that limits the discretionary investment services that local investment firms can provide.

Market Infrastructure

RBI Issues Framework for Reclassifying FPI Investment as FDI

11/11/2024

The framework sets out a process for FPIs that breach the 10% ownership limit and wish to convert their stakes in Indian companies to FDI.

Uncategorised

Chinese SOE Sinosure Refusing to Insure Exports to Russia – Report

11/11/2024

Sinosure has reportedly begun to refuse to insure exports of certain goods to Russia, with some Chinese suppliers being blacklisted.

Capital / Liquidity

China Approves Debt Swap Plan to Address LGFV Debt

11/11/2024

The CNY 10 trillion plan is not expected to directly impact economic growth as it doesn’t include measures to incentivise consumption or stimulate the property market.

Capital / Liquidity

ECB May Impose Capital Charge on Banks With Excess Russia Exposure

11/11/2024

The ECB is considering adjusting capital requirements for Raiffeisen Bank International and UniCredit to account for Russia-related risks.

HKMA Mandates Cooling-off Period for Unsecured Consumer Credit

11/11/2024

Retail banks including digital banks have until end-June 2025 to implement at least a 7-day cooling-off period for all unsecured consumer credit products.

Crypto / Digital Assets

RBA Invites Industry to Participate in Digital Money Experiments

11/11/2024

The project will explore how different forms of digital money and associated infrastructure could support the development of wholesale tokenised asset markets in Australia.

Crypto / Digital Assets

Taiwan: New Rules for Crypto to Enter into Force in Jan 2025

11/11/2024

The new rules will cover VASP registration, custody of fiat currency, information security, complaints handling, record keeping, and other areas.

Press Release

Feedzai Wins Best Use of AI for Fraud and Financial Crime Prevention

11/11/2024

Feedzai’s RiskOps was awarded Best Use of AI for Fraud and Financial Crime Prevention by a technology vendor at the 7th Regulation Asia Awards for Excellence 2024.