Sanctions

New Zealand Expands Sanctions Net to Russia’s ‘Shadow Fleet’

20/06/2025

New Zealand broadens Russia sanctions to target ‘shadow fleet’ along with individuals and entities in North Korea, Iran, and Belarus.

Crypto / Digital Assets

FSC Korea to Investigate Fees Charged by Crypto Exchanges

20/06/2025

FSC to scrutinise cryptocurrency exchange fees, seeking to lower trading costs in line with President Lee Jae-myung’s agenda.

Market Infrastructure

PBOC Signs MOU to Establish Yuan Clearing System in Turkey

19/06/2025

The MOU allows the PBOC to authorise designated commercial lenders to carry out yuan clearing services in Turkey, serving local financial institutions, businesses, and individual customers.

Fintech / Regtech

Shanghai, Hong Kong Agree 38-Point Action Plan to Deepen Ties

19/06/2025

The action plan includes specific measures such as jointly developing financial products and connecting Hong Kong’s FPS with China’s IBPS.

Big Picture

Banking Sector Reports Fall in Operational Risk for 2024: ORX

18/06/2025

ORX report shows banking sector operational risk losses down in 2024, but external fraud and digitalisation trends warrant attention.

Capital / Liquidity

Taiwan Eases Rules for Life Insurers as Currency Volatility Bites

16/06/2025

Taiwan FSC has eased regulations for life insurers to help them mitigate the impacts of exchange rate volatility.

Securities / Derivatives

TAIFEX Amends FX Futures Last Trading Day for International Alignment

16/06/2025

TAIFEX adjusted the last trading day for its FX futures contracts to align with practices in the US, Singapore and Hong Kong.

Securities / Derivatives

Thailand Cabinet Approves New Electronic Securities Bill

16/06/2025

The bill will make the entire securities trading process electronic, from recording and transferring data to collateral management.

Capital / Liquidity

China Increasingly Leveraging Housing Provident Fund to Make Loans

15/06/2025

Chinese cities have eased rules on the use of the fund. PBOC has lowered the interest rate the fund charges, making it cheaper than bank mortgages.