Trading & Investment

TAIFEX to Launch Semiconductor, Logistics Futures

14/06/2022

The new contracts are a response to heightened market demand for industry-specific risk management tools, TAIFEX says.

Payments & Settlements

RBI to Allow Credit Cards to Link to UPI System

14/06/2022

Allowing credit cards to link with the UPI will provide consumers more payment options and greater convenience, the RBI said.

CBDCs

Bangladesh Bank to Assess Feasibility of Introducing CBDC

14/06/2022

A CBDC is needed to facilitate the growth of digital transactions and encourage startups and e-commerce businesses, the finance minister said.

Cloud & Infrastructure

Japan, Singapore to Explore Mutual Recognition of Digital Identity

14/06/2022

Mutual recognition of digital identity credentials is part of an agreement to cooperate on the digital transformation of government services.

Anti-Bribery & Corruption

Another Former CSRC Official Under Corruption Probe

14/06/2022

The probe is linked to another investigation involving an official who worked for the CSRC department that oversaw listings on the ChiNext board.

Capital Adequacy

FSC Korea Outlines Measures to Boost Capital at Insurers

14/06/2022

Insurance companies have been experiencing declining levels of risk-based capital due to rising interest rates and mark-to-market losses on bond holdings.

Conduct, Culture & Accountability

China: Banks, Fund Managers Directed to Rein In Executive Pay

14/06/2022

Fund houses are required to defer a portion of executive bonus payments. Senior staff are directed to invest their bonuses in financial products issued by their companies.

Fraud, Scams & Cybercrime

Taiwan Lawmakers Call for Stronger Anti Fraud Rules

14/06/2022

One lawmaker said the rules should be changed to make banks bear some responsibility for protecting customers from fraud while using their services.

Structural Regulation

CSRC Orders Six Brokerage Firms to Correct Violations

14/06/2022

The CSRC has issued warning letters to six securities companies, ordering them to correct violations involving their overseas subsidaries.