Securities / Derivatives

KRX to Help Thailand Upgrade Clearing & Settlement Infrastructure

21/04/2025

Korea Exchange signed a contract to supply the Stock Exchange of Thailand with a next-generation clearing and settlement system.

Fintech / Regtech

Bank of Thailand Selects Winners of New Virtual Bank Licences

21/04/2025

BOT selected three consortia led by SCB X, Krungthai Bank, and Ascend Money Group. Final approval from the Finance Minister is expected by mid-2025.

Sanctions

OFAC Announces Sanctions Against International Bank of Yemen

21/04/2025

OFAC said the bank enables the Houthis to make international transactions, supporting oil purchases, sanctions evasion, and the confiscation of assets from the group’s opponents

Securities / Derivatives

TPEx and ICE Have Launched Three Co-branded Indices

21/04/2025

Investment trust companies are allowed to issue ETF products based on these indices, including passive multi-asset ETFs, which are new to Taiwan’s market.

Market Infrastructure

China Issues Guidelines to Facilitate Cross-border Data Flows

21/04/2025

The guidelines set out 108 recognised financial business scenarios to facilitate data export security pre-assessments and more efficient approval processes.

AML / KYC

Singapore Panel of Cyber Experts Convenes for Inaugural Meeting

21/04/2025

The CTREX Panel, formed in August 2024, said FIs should start preparing for a post-quantum security landscape, among other recommendations.

HKMA Calls on AIs to Join Banking Industry Integrity Charter

21/04/2025

The Charter was launched in October 2024 to enhance anti-corruption capabilities in Hong Kong’s banking sector. To date, 48 AIs have joined the initiative.

Securities / Derivatives

Hong Kong to Start Implementing Paperless Securities Market in 2026

21/04/2025

Legislative processes for the implementation of the USM initiative have been completed. All issuers will transition to paperless securities by 2031.

Market Infrastructure

China Considers Authorising Foreign Firms as ETF Market Makers

17/04/2025

The escalating trade war with US this year could delay China officially authorising US firms to participate in ETF market making.