Securities / Derivatives

Chinese Banks Asked to Report More Granular FX Trading Data – Report

07/08/2023

Banks were asked to report detailed data, including quarterly and annual spot and currency derivative trading volume.

Capital / Liquidity

ChinaClear Lowers Reserve Funds Brokers Must Set Aside

07/08/2023

The change is expected to free up around CNY 30-40 billion of capital, and provide a boost to markets.

Securities / Derivatives

Australia Launches Review of Managed Investment Schemes Regime

07/08/2023

The consultation seeks feedback on a number of issues, including whether the wholesale client thresholds should be increased.

Market Infrastructure

China Pledges More Support for Private Enterprises

07/08/2023

The measures include more financial support for private enterprises including developers, easier visa rules, and tax exemptions.

Capital / Liquidity

HKMA Updates Timetable for Implementing Basel III Reforms

06/08/2023

The HKMA asks the banking industry for comments on the latest timetable by 4 September 2023.

Enforcement

FSA Japan Probes Insurers Following Price-Fixing Allegations

06/08/2023

Four insurers allegedly colluded on setting premiums for clients such as oil refiners, steel companies and public transportation operators.

Securities / Derivatives

HKEX to Launch Enhanced Block Trade Facility for Derivatives on 28 Aug

05/08/2023

Exchange participants are asked to coordinate with their operations team, IT team and external vendors to ensure operational and technical readiness.

Enforcement

FSA Japan Probes Sales of Credit Suisse AT1 Bonds

04/08/2023

At least one Japanese investor was told around fall last year that Credit Suisse AT1 bonds were safer than stock.

AML / KYC

Pakistan Passes Bill to Establish New AML/CFT Authority

04/08/2023

State Minister for Foreign Affairs Hina Rabbani Khar said the legislation will help to ensure Pakistan remains off the FATF grey list.