Capital / Liquidity

UBS to Repay Investors for Credit Suisse’s Greensill Losses

18/06/2024

UBS is offering to repay investors who lost money in Credit Suisse funds as a result of Greensill Capital’s bankruptcy in 2021.

Capital / Liquidity

HKMA Tweaks Rules to Address Homebuyer Hardship

18/06/2024

The adjustments aim to address depressed valuations, simplify borrowing capacity calculations, and reduce rental income haircuts.

New Zealand FMA Issues New CoFI Guidance for Smaller FIs

18/06/2024

The guidance will help smaller firms establish a Fair Conduct Programme and apply for the CoFI licence.

Sanctions

OFAC Sanctions Targets Linked to Houthi Weapons Procurement

18/06/2024

OFAC designated three companies in China; entities in Hong Kong, UAE and Oman; three individuals; and a vessel.

Securities / Derivatives

PASLA to Expand Footprint to Australia, New Zealand

18/06/2024

PASLA will work with the Australian Securities Lending Association to finalise an agreement within Q4 2024.

Fintech / Regtech

Indonesia Stock Exchange to Upgrade Trading Platform

18/06/2024

IDX also announced that it will enhance its market surveillance capabilities and further develop its index business.

China Starts Implementing Plans to Address Property Supply Glut

17/06/2024

The PBOC is providing a re-lending facility to support loans to SOEs to buy and convert unsold homes into affordable housing.

Fintech / Regtech

OJK Launches Integrated Licensing System for Fintech Sector

17/06/2024

The “SPRINT” application was developed to streamline and integrate licensing processes for the financial technology sector.

Crypto / Digital Assets

BOT Launches “Enhanced” Sandbox for Programmable Payments

17/06/2024

The sandbox allows testing of payments where transaction conditions are automatically set using DLT and smart contracts.