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Market Risk
CSRC Asks Brokers to Curb Leverage Bets by Hedge Funds – Report
10/11/2023
The CSRC is concerned that excessive leverage could cause excessive market risks, especially in a volatile stock market environment.

Tokenisation
FSC Taiwan Green Lights Cathay Securities STO Launch
10/11/2023
The STO is expected to raise TWD 30 million and commence trading on an STO platform built by Cathay Securities on 12 December.

Trading & Investment
SGX Lists Third ETF Under Shenzhen Trading Link
10/11/2023
The new ETF, a collaboration between CGS-CIMB Securities and Fullgoal Asset Management, is the first CSI 1000 ETF listed outside of China.

Cloud & Infrastructure
PBOC to Establish Fintech Sandbox Links With Hong Kong, Macao
10/11/2023
The “network link-up” will provide a one-stop platform to facilitate cross-border fintech trials and strengthen supervisory cooperation.

Structural Regulation
Singapore BNPL Code Enter Next Phase of Implementation
09/11/2023
Six BNPL providers will undergo audits over the next few months and have to become accredited by 31 March 2024.

Stablecoins
EBA Issues Third Batch of MiCA-related Consultations
09/11/2023
The consultations cover transaction reporting, recovery planning, own funds, stress testing, and liquidity requirements for stablecoin issuers.

Anti-Bribery & Corruption
Hong Kong ICAC Launches Business Sector Integrity Charter
09/11/2023
The Charter encourages companies to establish Integrity Management Systems, appoint an “Ethics Officer”, and commit to implementing integrity policies.

Resolution & Recovery
EU Lawmakers Back Plans to Improve Bank Resolution Framework
09/11/2023
Jonás Fernández said the rule changes will level the playing field among different banking structures in the EU, while ensuring that banks will remain safe.

Trading & Investment
HKEX to Consult on Measures to Keep Market Open During Typhoons
09/11/2023
HKEX will commence a public consultation within this month on a proposed model for operating the stock market under severe weather.

Credit Risk
SFC Issues Guidance on IPO Services Ahead of FINI Launch
09/11/2023
The SFC outlines risk management considerations for licensed corporations offering IPO services ahead of HKEX’s launch of a new IPO settlement platform.
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