Securities / Derivatives

Bursa Malaysia Proposes Rules for LEAP-to-ACE Listing Transfers

10/08/2022

The framework will help LEAP Market companies transfer to the ACE Market, which offers a “more robust listing environment” and is open to the public.

Market Infrastructure

India: IFSCA Seeks to Merge GIFT City Exchanges – Report

10/08/2022

IFSCA is reportedly seeking to execute a merger between India INX and NSE IFSC, which are subsidiaries of BSE and NSE respectively.

RBI Widens Scope of Ombudsman Mechanism to Include CICs

10/08/2022

Credit information companies will be required to have their own internal ombudsman framework, the RBI said.

Securities / Derivatives

China: Dalian Exchange Launches Trading in Soybean, Soyoil Options

10/08/2022

The new contracts will help firms to meet their risk management needs and also support the high-quality development of the related sectors, the CSRC said.

Market Infrastructure

China to Remove Foreign Ownership Cap for Insurance AMCs

10/08/2022

The CBIRC said a 25 percent cap on foreign ownership of insurance asset management companies will be scrapped on 1 September.

Crypto / Digital Assets

RBA to Explore Australia-specific Use Cases for CBDC

10/08/2022

The research project is expected to take about a year to complete and will involve the development of a limited-scale CBDC pilot operating in a ring-fenced environment.

AML / KYC

Iran Makes First Import Order Using Crypto – Report

10/08/2022

By end September, the use of cryptocurrencies and smart contracts will be widely used in foreign trade with target countries, an Iranian official said.

Fintech / Regtech

RBI Defers Deadline for Acquiring Banks to Purge Customer Card Data

09/08/2022

All entities in the transaction chain other than acquiring banks, card issuers and card networks must purge card-on-file data from 1 October 2022.

Market Infrastructure

China Regulators Concerned of Shadow Banking Resurgence

09/08/2022

China’s National Audit Office has been reviewing the books of at least 20 trust firms. The CBIRC is strengthening its risk monitoring.