ESG / Sustainability

TAIFEX to Add More Mini Contracts, Night Products in 2022

13/01/2022

TAIFEX will also replace its older trading system equipment by Q4 2022 to improve trading efficiency, market capacity and service delivery.

Capital / Liquidity

FSC Korea Issues New Rules for Mutual Finance Companies

13/01/2022

The rules will limit lending to the real estate and construction sectors and require mutual finance companies to maintain a minimum liquidity ratio based on firm size.

Crypto / Digital Assets

BIS, SNB, SIX Complete wCBDC Integration Test with Bank Systems

13/01/2022

In the second phase of Project Helvetia, a wholesale CBDC was used to test settlement of interbank, monetary policy and cross-border transactions with banking systems.

AML / KYC

OFAC Fines HK Unit of Japanese Conglomerate Sojitz

13/01/2022

Trading in Iran-origin goods was carried out without the knowledge of senior management by employees who omitted information from documentation.

ESG / Sustainability

SGX to Launch Battery Metal Futures in H1 2022

12/01/2022

Futures contracts in cobalt metal, cobalt hydroxide, lithium carbonate and lithium hydroxide will be launched subject to regulatory approval.

Securities / Derivatives

HKEX, SZSE Expand Capital Markets Cooperation Agreement

12/01/2022

HKEX and SZSE will conduct joint forums and workshops, and take part in reciprocal short-term training and secondment programmes for their employees.

CFIUS Deems New Zealand Eligible as Excepted Foreign State

12/01/2022

Foreign investors from excepted foreign states are exempt from mandatory filings and national security reviews of real estate transactions and non-controlling investments.

HK Banks Extend Repayment Deferment for Trade Facilities

12/01/2022

The HKMA cited uncertainties caused by the spread of Covid-19 and global supply chain disruptions that are continuing to pressure corporates.

Securities / Derivatives

Indian Investors Gain Access to Russian Financial Markets

12/01/2022

Sova Capital, a MOEX clearing member, is providing Indian investors access to Russian markets in partnership with India INX and its Global Access platform.