Capital / Liquidity

Chinese Distressed Asset Exchange to Boost Foreign Investor Access

30/08/2018

Qianhai Financial Assets Exchange, the Chinese first exchange to sell bad debt to foreign investors, seeks to simplify processes to enable easier access for investors overseas.

Securities / Derivatives

Axis Becomes First Bank Subsidiary to Offer Commodity Derivatives

30/08/2018

Clients can now trade commodity futures and options on the MCX; trading on NCDEX to be supported by end-September.

Securities / Derivatives

Cambodia Set to Launch First Ever Corporate Bond

29/08/2018

The country’s third largest microfinance institution has obtained approval from the central bank, and is now seeking final approval from the securities regulator and exchange.

Securities / Derivatives

HK-China Bond Connect Enables DvP Settlement

27/08/2018

A key demand from international investors, a real-time delivery-versus-payment settlement system has now been implemented on the Bond Connect.

Market Infrastructure

China Scraps Foreign Ownership Limits in Domestic Banks, Asset Managers

27/08/2018

Banking regulator says foreign firms will now be treated as local institutions in terms of market access and administrative licensing.

AML / KYC

Thomson Reuters, Singapore FinTech Association Join Forces on Financial Crime

24/08/2018

The collaboration joins the Singapore FinTech Association network with Thomson Reuters Labs technical expertise to solve issues around financial crime.

Securities / Derivatives

CFTC Grants Osaka Exchange FBOT Registration Status

23/08/2018

Osaka Exchange demonstrates the attributes of an established, organised exchange which is subject to continued oversight by regulators, the CFTC said.

AML / KYC

AusPayNet Consults on Online Fraud Mitigation Framework

23/08/2018

‘Card-not-present’ fraud accounts for 85% of all card fraud, as criminal activity migrates to online channels following the success in chip technology in preventing in-person fraud.

Enforcement

China Sees Largest Ever Theft of User Data

23/08/2018

Shenzhen-listed Ruizhi Huasheng Technology, a third party developer for state-run mobile carriers, stole up to 3 billion pieces of user data from 96 companies including Alibaba, Tencent and Baidu.