Securities / Derivatives

China Finalises New Rules to Encourage Panda Bond Issuances

05/12/2022

The rules do not impose restrictions on the retention of funds raised by panda bonds in China or remittances abroad.

Market Infrastructure

RBI Adds Modified MIFOR to List of Significant Benchmarks

05/12/2022

The Modified MIFOR curve will replace the FBIL MIFOR curve for new contracts, using Adjusted SOFR instead of USD LIBOR.

Securities / Derivatives

CSRC Approves Silicon Derivatives on Guangzhou Futures Exchange

05/12/2022

China is the world’s largest industrial producer, consumer, and exporter of industrial silicon, which is used in solar panels, electronics and the automotive sector.

CBIRC Expands Corporate Governance Evaluation System for FIs

05/12/2022

The evaluation indicators were revised to increase focus on areas such as major shareholders, party leadership, shareholder equity, related transactions, and director nomination.

Securities / Derivatives

SEBI Instructs Fund Managers to Monitor Telegram for Name Misuse

05/12/2022

SEBI said some Telegram groups were impersonating mutual fund houses and has instructed AMCs to put in place monitoring to detect such activity.

Fintech / Regtech

BSP Launches New, Free, Interoperable Bill Payment Facility

05/12/2022

Through Bills Pay PH, customers can make digital payments to almost 500 on-boarded billers for free even if they use different payment service providers.

Securities / Derivatives

Euroclear to Link Global Investors to Korea Treasury Bonds

05/12/2022

Euroclear Bank and Korea Securities Depository will collaborate to provide international investors post trade access to Korea treasury bonds and monetary stabilisation bonds.

Securities / Derivatives

FSC Korea Outlines Plans to Require English Disclosures

05/12/2022

Listed companies with KRW 10 trillion in assets will have to issue English disclosures from 2024. Those with KRW 2 trillion in assets will follow suit from 2026.

Capital / Liquidity

China Banks Told to Provide Offshore Loans to Developers

05/12/2022

The banks are asked to provide offshore loans to developers so they can repay their offshore loans and dollar bonds.