Alternative Markets

DSE Seeks Rule Relaxations to Boost Alternative Trading Board

28/08/2023

The ATB was launched this January but has failed to attract investors and still has only two securities listed.

Payments & Settlements

BRICS Nations Invite Six Nations to Join as Members

27/08/2023

BRICS officials will develop measures to reduce their reliance on the USD in trade, in favour of using local currencies.

KYC & CDD

SEBI to Allow NRIs, OCIs to Invest More in GIFT City via FPIs

27/08/2023

SEBI proposes to allow IFSCA regulated FPIs to accept higher levels of investment from Indian citizens residing overseas.

Credit Risk

China Eases Mortgage Rules to Boost Property Market

27/08/2023

The new measures will allow more individuals to be treated as first-time homebuyers, which means better mortgage rates and lower down payments.

PEPs & Sanctions

New Zealand Joins US, UK in Sanctions over Treatment of Ukrainian Children

27/08/2023

The New Zealand and US sanctions coincided with Ukrainian Independence Day on 24 August.

Anti-Money Laundering

HK Police Arrest 11 in HK$124m Money Laundering Case

27/08/2023

Police believe the laundered funds could be tied to more than 20 fraud cases, including email and loan scams, and commercial and investment fraud.

Trading & Investment

Vietnam to Launch New Securities Trading System in December

26/08/2023

The new system has already been delayed several years due to the Covid-19 pandemic and other factors. Securities firms are still behind schedule on testing.

Sustainable Finance

Indonesia’s OJK Issues New Rules for Carbon Trading

26/08/2023

The rules set out how OJK will supervise carbon trading ahead of the planned launch of Indonesia’s first carbon exchange by end-September.

Nature & Biodiversity

185 Countries Launch Global Biodiversity Framework Fund

25/08/2023

Canada and the UK are together providing about $160mn in seed money to set up the fund, which was first agreed in December 2022.