Enforcement

Singapore Police, MAS Launch Probe into Unlicensed Trading Platform

05/01/2022

Three arrests have been made amid suspicions that “irregular trading activities have been carried out on the platform”.

Thailand Unveils New Measures to Support Debt Restructuring

05/01/2022

The BOT has relaxed its rules on loan classification and provisioning to enable specialised financial institutions to provide greater long-term support to debtors.

Market Infrastructure

PBOC, SAFE Call on Banks to Facilitate Offshore Trade

05/01/2022

A new notice encouraging banks to support the development of new models of international trade comes just as RCEP took effect on 1 January 2022.

Enforcement

BaFin Fines Deutsche Bank for Over EURIBOR Control Lapses

04/01/2022

BaFin found flaws in the processes used by Deutsche Bank to calculate EURIBOR between April 2019 and April 2020.

Securities / Derivatives

SEBI Issues Rules for Vault Managers of Gold Exchanges

04/01/2022

The rules pave the way for new gold exchanges to be established in India, which will enhance the transparency of domestic spot price discovery.

Securities / Derivatives

China Simplifies Overseas Bond Issuance for Domestic FIs

04/01/2022

More streamlined filing and registration procedures and timely submission of issuance information will improve the efficiency of the use of foreign debt funds, the PBOC said.

PBOC, CBIRC Call on Banks to Finance Real Estate Project M&A

04/01/2022

Project mergers and acquisitions between real estate companies are the most effective market-oriented means for the industry to resolve risks, said the PBOC’s Zou Lan.

AML / KYC

US Sanctions Five Chinese Officials, China Reciprocates

04/01/2022

Five already-sanctioned Chinese officials were named in the US State Department’s latest Hong Kong Autonomy Act Report submitted to Congress.

PBOC Modifies Re-Lending Support Facilities for Small Businesses

04/01/2022

The two new tools are more market-based versions of measures that have already been in place to help small and micro enterprises.