Market Infrastructure

China Expands Cross-border FX Pilot for Multinational Companies

21/12/2024

The pilot programme launched in March 2021 is being extended to more provinces and the policies are being further streamlined.

Fintech / Regtech

Indonesia Launches NFC-based QRIS Tap Payments Trial

20/12/2024

The trial commenced to test contactless QRIS payments on transportation modes in Jakarta. Full implementation planned for Q1 2025

Sanctions

OFAC Announces Two New Settlements for Sanctions Violations

20/12/2024

An individual US person violated Magnitsky sanctions and a US manufacturer of musical instruments violated Iran sanctions.

Market Infrastructure

Australia Launches Tool to Enhance Visibility of Regulatory Change

20/12/2024

Treasurer Jim Chalmers said the Regulatory Initiatives Grid will help improve the sequencing and implementation of reforms

Securities / Derivatives

Abaxx to Launch Nickel Futures in Singapore on 10 Jan

20/12/2024

The futures contracts are designed to deliver better price discovery and risk management tools for market participants in nickel sulphate.

Securities / Derivatives

Japan FSA Forms Liaison Council to Promote Earlier Issuance of Annual Reports

20/12/2024

The FSA said the number of listed companies that issue securities reports before their AGMs is still currently limited.

Sanctions

US Announced Sanctions Targeting Nord Stream 2 Project

20/12/2024

The sanctions are intended to hinder any efforts to revive the project and limit Russia’s ability to generate energy revenues.

Securities / Derivatives

CUAM, Azimut to Cooperate on Establishing China-UAE ETF Link

20/12/2024

China Universal Asset Management and Azimut Group will work on launching an ETF Link between the SSE and ADX.

Market Infrastructure

JSCC Launches Margin Simulation Tool for JPY Interest Rate Swaps

19/12/2024

The margin simulation tool includes cross-margining functionality covering yen IRS, 10-year JGB Futures and TONA Futures.