Crypto / Digital Assets

AIMA Publishes New Due Diligence Questionnaires for Digital Assets

01/03/2023

The DDQs are primarily designed for investors to evaluate investment and operational risks associated with allocations to digital asset investment funds.

Market Infrastructure

ANNA Completes Implementation of Revised ISO Standard for ISINs

01/03/2023

National Numbering Agencies must now formally report LEIs, CFIs and FISNs to the ANNA Service Bureau, which will increase data coverage and quality.

Market Infrastructure

IDX Seeks to Secure Dual-Listing Arrangement with HKEX

01/03/2023

IDX is seeking a mechanism to allow Indonesian start-ups, state-owned enterprises, and index ETFs to list in Hong Kong.

Market Infrastructure

LSEG, SZSE Agree to Collaborate on Capital Markets Development

01/03/2023

LSEG and SZSE will collaborate on product innovation, depository receipts, and index development, among other areas.

AML / KYC

SEBI Revisits Plans to Create Database of FPI Beneficial Owners

01/03/2023

SEBI is considering requiring depositories, depository participants, and custodians to feed beneficial ownership information into a central database.

Crypto / Digital Assets

SFC Authorises HashKey to Conduct OTC Crypto Trades

01/03/2023

The approval allows HashKey to act as an intermediary to facilitate trades between parties including for unlisted tokens.

Fintech / Regtech

US Banks Impose Restrictions on Use of ChatGPT

01/03/2023

JPMorgan, Citigroup, Goldman Sachs, Deutsche Bank, Wells Fargo and Bank of America are among those reported to have imposed restrictions.

Securities / Derivatives

HKEX to Commence FINI External User Testing from 1 March

28/02/2023

External user testing will occur between 1 March and 19 May. The new web-based platform will officially roll out later this year.

Securities / Derivatives

China: New Rules for Private Fund Industry to Take Effect in May

28/02/2023

Private equity and hedge fund managers will need at least CNY 10 million in paid-in capital to operate, about five times more than the existing requirements.