Securities / Derivatives

CSRC Proposes New Rules, Lower Fees for Public Funds Sales

10/12/2023

The rule changes seek to reduce the commission rates charged on public funds and improve the processes managers use to select distributors.

Crypto / Digital Assets

Taiwan Considers Platform Design for Possible Future CBDC

08/12/2023

Taiwan’s central bank has completed a wholesale CBDC feasibility and technology study but has not yet decided whether to introduce a CBDC.

Crypto / Digital Assets

Solomon Islands Central Bank Starts Testing CBDC

08/12/2023

The central bank is testing the CBDC for retail transactions, P2P transfers, interbank transactions, and cross-border payments.

AML / KYC

Indonesia, UAE Central Banks Agree to Expand Cooperation

08/12/2023

BI and CBUAE will strengthen cooperation in areas including monetary policy, financial stability, payments, AML/CFT, and Islamic finance.

Big Picture

Geopolitical Risk Seen as Top Risk to Financial Industry in 2024

08/12/2023

As many as 47% of respondents cited geopolitical risk as the number one risk impacting the global financial system in 2024.

Big Picture

HKIMR Report Offers Guidance on Talent Development

08/12/2023

The report presents findings from two surveys and other analysis to recommend talent development strategies for Hong Kong’s financial industry.

Securities / Derivatives

Bursa Malaysia Set to Launch First Currency Futures

08/12/2023

A licensing agreement with HKEX will enable Bursa Malaysia Derivatives to launch a Mini USD/CNH Futures contract.

Crypto / Digital Assets

Japan Prepares to Relax Crypto Taxation Policies

08/12/2023

The reforms will allow corporations to hold crypto assets without being taxed on unrealised gains at the end of each year.

Sanctions

US and UK Sanction Russians Tied to Election Hacking

08/12/2023

The individuals are accused of targeting UK politicians and think tanks, among others, in a long-running spear-phishing campaign on behalf of Russia’s  Federal Security Service.