Crypto / Digital Assets

Digital Yuan Being Used for Clearing Commodity Spot Trades

30/07/2023

Industrial Bank is the first bank to incorporate digital RMB into commodity spot trading, paving the way for future advancements in this area.

Consumer Complaints Reach Record High, says AFCA

30/07/2023

The rise in complaints is attributed scams, insurance claim delays, and banking disputes, AFCA said.

Enforcement

FSS Korea Completes Inspections of CFD Businesses

30/07/2023

The FSS said it will take “stern measures” against illegal acts identified from the inspections, which covered three major securities firms.

Securities / Derivatives

SHFE Launches Trading in Synthetic Rubber Futures

30/07/2023

The new futures and options contracts are the world’s with butadiene rubber as the underlying commodity.

ESG / Sustainability

Japan Names 17 Firms That Endorse New Code of Conduct on ESG Data

30/07/2023

Endorsers include Bloomberg LP, Clarity AI, FTSE Russell, ICE, ISS ESG, Moody’s Japan, Morningstar Sustainalytics, MSCI ESG Research, Refinitiv, and S&P Global Ratings Japan.

RBI Greenlights 92 Special Rupee Accounts to Enhance Bilateral Trade

30/07/2023

RBI authorised 20 banks to open 92 Special Rupee Vostro Accounts with various countries, aiming to simplify trade and promote more robust FX markets.

Securities / Derivatives

Ant Group Restructures Ahead of Possible Hong Kong IPO – Reports

30/07/2023

Ant Group is undergoing restructuring to distance non-core operations, paving the way for a Hong Kong IPO.

Securities / Derivatives

TWSE Imposes Enhanced Regulatory Controls on Futures ETFs

30/07/2023

The measures mainly target leverage and inverse ETFs based on commodity futures, to protect investors who may not fully understand the risks.

Securities / Derivatives

Tokyo Bourse to Revise Guidance on Minimum Investment

29/07/2023

The move is aimed at encouraging companies to lower their minimum investment size and making shares more affordable for retail investors.