ESG / Sustainability

China Executes First Triparty Repo Trades Using ESG Bonds

07/09/2022

CFETS, Clearstream and Chinese financial institutions cooperated to execute the first triparty repo trades involving ESG-eligible bonds.

Securities / Derivatives

Beijing Stock Exchange Turns One Year Old

06/09/2022

The BSE issued draft rules for margin trading and securities lending, launched its first treasury bond, and set out plans to introduce its first benchmark index.

Market Infrastructure

CME Proposes Early Conversion of Eurodollar Futures, Options

06/09/2022

The proposed 13 April 2023 conversion date is intended to help firms complete their operational work as early as possible in the LIBOR-to-SOFR transition process.

Fintech / Regtech

KPMG Launches Embedded Finance Hub in Singapore

06/09/2022

KPMG said the Hub will work with MAS and the broader ecosystem to accelerate the adoption of embedded finance in Singapore.

Securities / Derivatives

FSC Korea Unveils New Rules to Address Unfair Split-Off IPOs

06/09/2022

Korean investors often lose out when companies decide to split off rapidly growing portions of their businesses into new IPOs.

AML / KYC

Japan Regulator Orders Revolut to Improve AML Controls

06/09/2022

Revolut is required to submit a business improvement plan by 3 October and file quarterly progress reports until implementation is complete.

Fintech / Regtech

India Raids Payment Firms in Digital Lending App Probe

06/09/2022

The Enforcement Directorate said digital loan app providers involved in extortion and harassment of members of the public are controlled and operated by Chinese persons.

ESG / Sustainability

Hong Kong Plans Measures to Lure ESG, Fintech Talent

06/09/2022

The government will also dedicate resources towards providing training aimed at developing local ESG talent. Applications for a fintech subsidy scheme will open on 10 September.

Enforcement

Singapore Jails Five Former Remisiers for False Trading

06/09/2022

The five were former remisiers for Phillip Securities, OCBC Securities, DBS Vickers Securities, and Maybank Kim Eng Securities.