Securities / Derivatives

Beijing Stock Exchange Lists First Corporate Bond

06/01/2024

The BSE has previously listed government bonds. The new issuance is the first corporate bond listed on the BSE.

Securities / Derivatives

Shanghai, Shenzhen Bourses to Reduce 2024 Fees by ¥920m"

05/01/2024

The two stock exchanges are reducing or waiving their certain listing, transaction and service fees to boost the economy.

Enforcement

Taiwan’s Shin Kong Bank Fined Over Misappropriated Client Funds

04/01/2024

The FSC said the bank failed to establish internal controls and prevent the misappropriation of client funds by a former wealth manager.

Market Infrastructure

India Launches UPI Block Facility for Stock Market Trades

04/01/2024

Investors can block funds in their bank accounts for secondary market stock trades rather than transfer them to brokers upfront.

AML / KYC

China: Regulator Calls on Banks to Improve FX Business Processes

04/01/2024

Banks should adopt “differentiated” review measures in their FX exchange business and deal with customers according to the level of risk they present.

Securities / Derivatives

Korea Issues Standards for Evaluating Accounting Management Systems

04/01/2024

The FSS issued evaluation and reporting standards and new guidelines for listed companies’ internal accounting management systems.

Securities / Derivatives

AllianceBernstein Wins Approval to Launch China Funds Business

04/01/2024

The approval makes AllianceBernstein the fifth foreign-owned asset manager to win authorisation to start operating mutual funds in China.

Sanctions

EU Sanctions World’s Largest Diamond Producer

04/01/2024

The move is in line with the ban on Russian diamonds introduced as part of the EU’s 12th package of sanctions last month.

Securities / Derivatives

China Adopts Company Law Revisions to Improve Governance

03/01/2024

The revised Company Law, which takes effect from 1 July 2024, improves protections for small and medium-sized shareholders.