Capital Adequacy

CBIRC Issues Rules for Banks Participating in Private Pension Business

22/11/2022

Banks with a net tier-1 capital of more than CNY 100 billion and that meet prudential regulatory requirements  can start personal pension business.

Sustainable Finance

ISDA Analyses Regulatory Treatment of SLDs in Japan

21/11/2022

The paper considers how sustainability-linked derivatives would be classified and regulated in Japan.

Trading & Investment

HK Gazettes Bill to Promote Trading in Dual-Counter Stocks

21/11/2022

The bill, to be introduced for LegCo’s first reading on 30 November, will exempt market makers in dual-counter stocks from stamp duty.

Liquidity Risk

China Regulators Ask Banks to Report on Liquidity – Report

21/11/2022

The queries were reportedly prompted by a sell-off in bonds which triggered investor withdrawals from wealth management products.

Trading & Investment

China Optimises Bond Investment Rules to Lure Foreign Investors

21/11/2022

The rules are aimed at making it easier for foreign institutional investors to participate in China’s bond market.

Fraud, Scams & Cybercrime

US Court Sentences Theranos Founder Elizabeth Homes to Jail

21/11/2022

A California court sentenced Elizabeth Holmes to 11 years and three months in prison. She will also be required to pay restitution to investors.

Payments & Settlements

Thailand, Vietnam Go Live With Cross-border QR Payment Link

20/11/2022

The link will enable customers, tourists and merchants make and receive payments with convenience, speed, security, transparency and at low cost, the BOT and SBV said.

Custody & Infrastructure

NAB to Close Custody, Asset Servicing Business

19/11/2022

NAB is the only Australian big four bank still providing custody services in Australia. Its asset servicing business is now set to be closed in 2025.

Reporting & Disclosures

ChinaBond Launches Indicator System for Green Bond Disclosures

19/11/2022

New standard published by China Central Depository & Clearing contains 44 indicators of environmental benefits for green bond issuers to disclose.