Enforcement

CSRC Addresses Market Fears About Stock Delistings

07/06/2024

The CSRC said there won’t be a significant increase in the number of delisted companies in the short term.

Crypto / Digital Assets

Thai SEC Grants First Approval for Bitcoin ETF

07/06/2024

The ETF will operate under a fund-of-funds structure, allocating investments across major global Bitcoin funds.

Securities / Derivatives

KRX to Provide Consulting to Support Corporate “Value Up” Plans

06/06/2024

One-on-one customised consulting will be provided to 100 small and medium-sized listed companies to help them establish and disclose their Value Up plans.

Sanctions

Taiwan Adds Nitrocellulose to Export Control List

06/06/2024

Taiwan is expanding its restrictions on exports of nitrocellulose, which is used to make smokeless gunpowder and ammunition propellant.

Market Infrastructure

HKMA Exploring Further Enhancements to Wealth Connect

06/06/2024

The individual investor quota was tripled this year, but it is still “not quite enough for private bank clients”, said HKMA’s Eddie Yue.

ESG / Sustainability

SET to Develop New System for Managing Emissions Data

06/06/2024

Energy consumption data will feed directly into the “SET Carbon system”. A prototype is expected to be ready in Q1 2025.

Securities / Derivatives

FIA, DMIST Publishes New Standards on Average Pricing

06/06/2024

DMIST calls for CCPs globally to adopt the new average pricing standards, to drive consistency and improve allocation processes.

Enforcement

Myanmar Cracks Down on Cross-border Remittances

06/06/2024

“Hundi” cash transfer services and overseas property deals are being blamed for a severe depreciation of Myanmar’s currency.

Crypto / Digital Assets

Japan FSA Directs Crypto Firm to Report on $300m Theft

06/06/2024

The FSA directed DMM Bitcoin to investigate and report on the cause of the theft. The government will monitor these efforts and “respond appropriately”.