Securities / Derivatives

Shanghai Bourse Unveils Plans to Launch New Index Varieties

05/08/2024

Three-year action plan includes more cross-border indexes, more varieties of STAR Market indexes, and new productivity theme indexes.

Fintech / Regtech

PBOC, HKMA Sign Cooperation Framework for Payments Linkage

04/08/2024

The cooperation framework will enable the Chinese and Hong Kong authorities to link their fast payment systems.

Sanctions

EBA Proposes New Reporting Requirements for Payments Firms

04/08/2024

PSPs would have to report on the share of instant transfers, both domestic and cross-border, that were rejected due to the application of sanctions.

Securities / Derivatives

CSRC Approves New Options Contracts at Dalian Exchange

04/08/2024

DCE said the new egg, corn starch and live pig options will provide additional hedging tools and improve the underlying futures market.

Securities / Derivatives

Beijing Financial Assets Exchange to Refocus Business on Bonds

03/08/2024

The financial asset exchange said it will no longer conduct business involving the transfer of property rights and non-performing assets.

ESG / Sustainability

Thailand Revises Tax Incentive Programme to Promote ESG Funds

03/08/2024

The SEC is concurrently amending its regulations to give ESG fund managers more flexibility to invest in high quality listed companies.

Crypto / Digital Assets

Korean Crypto Firms to Start Paying Supervisory Fees Next Year

03/08/2024

The fees, to be disclosed in March next year, apply to registered crypto firms with an operating revenue of at least KRW 3 billion.

BOT to Further Relax FX Management Rules in Q4

03/08/2024

The BOT will quadruple the annual outflow limit for Thai citizens and make the FX management rules for businesses more flexible.

Enforcement

UK SFO Charges Ex-Glencore Employees Over Bribery Scheme

03/08/2024

Five former Glencore employees are charged with conspiring to make corrupt payments to benefit the company’s oil operations in West Africa.