Securities / Derivatives

CFFEX Halves Settlement Fees in Financial Futures Markets

31/12/2021

Settlement fees for stock index futures and government bond futures will be halved in 2022. Further enhancements are planned in the year ahead.

HKMA Endorses Proposal to Better Protect Mortgage Borrowers

31/12/2021

The proposal will make use of electronic payments directly from bank to bank, rather than routing payments for large property transactions through law firms.

Australia to Ease Regulatory Requirements for Financial Advisers

30/12/2021

The government proposes to recognise on-the-job experience as meeting financial adviser education requirements. It will also review ways to simplify other compliance obligations.

HKMA Issues Guidance on Compliance with ‘Stay Rules’

30/12/2021

The HKMA may issue directions to banks or their holding companies if it believes non-compliance with the Stay Rules (including by a related company) may impede orderly resolution.

Fintech / Regtech

BOT to Delay Testing of Retail CBDC to Late 2022

30/12/2021

After discussions with relevant parties and careful consideration, Thailand will proceed slowly, said BOT deputy director Kasidit Tansanguan.

Securities / Derivatives

SGX Grants In-principle Approval for Two SPAC Listings

30/12/2021

Temasek-backed Vertex Venture Holdings and Tikehau Capital have received eligibility-to-list letters from SGX following their SPAC listing applications.

Market Infrastructure

MAS Unveils Initiatives to Open Access to China ETFs, Bonds

29/12/2021

SGX and SZSE have signed an MoU to establish an ‘ETF Connect’ mechanism. SGX is also in discussions with CFETS to establish bond market connectivity.

Securities / Derivatives

Indonesian Bourse Relaxes Listing Rules to Draw in Tech IPOs

28/12/2021

The relaxed rules allow firms to fulfil other qualifications in lieu of the existing net tangible assets requirements for listing.

Capital / Liquidity

HKMA Removes Bank of East Asia from D-SIBs List

28/12/2021

The Bank of East Asia was no longer identified as a D-SIB in the assessment considering its systemic importance relative to other institutions, the HKMA said.