Capital / Liquidity

China Finalises Bank Rules on Country Risk Management

27/11/2023

Banks must establish “formal internal country risk rating systems” and set aside proportionate reserves for country risk.

Securities / Derivatives

HKEX Allows Indonesian Companies to Apply for Secondary Listings

27/11/2023

The inclusion of IDX on HKEX’s list of Recognised Stock Exchanges allows Indonesian companies to apply for a secondary listing in Hong Kong.

Market Infrastructure

SFC, HKEX Formally Announce Plans to Launch China Treasury Bond Futures

26/11/2023

The launch of treasury bond futures in Hong Kong will further expand the toolkit for overseas investors to hedge their exposure to Mainland assets.

Fintech / Regtech

Korea Opens Access to More Data Types on Public Portal

26/11/2023

The new data types include social bond information, securities lending transaction information, and insurance statistics.

AML / KYC

Australia Unveils First Quarterly Report from New Anti-Scam Centre

26/11/2023

The quarter ended with reported scam losses of A$29.8mn in September 2023, the lowest reported in a single month since October 2021.

Fintech / Regtech

OJK Launches AI Code of Ethics Guidelines for Fintech Industry

25/11/2023

The guidelines are intended to serve as a reference for fintech associations to establish their code of conduct and optimise the use of AI in the fintech industry.

Chinese Regulators Pledge Renewed Support for Tech Industry

25/11/2023

Financial institutions were directed to improve their services and financing support for technology firms.

Capital / Liquidity

China Considers Allowing Unsecured Lending to Developers

24/11/2023

Regulators are reportedly considering allowing banks to issue unsecured working capital loans to some developers for the first time.

Securities / Derivatives

Mizuho Seeking Licence to Establish China Securities Unit

24/11/2023

If approved, Mizuho will become the third Japanese firm after Nomura and Daiwa to establish a securities company in China.