Securities / Derivatives

JPX Establishes Working Group to Enhance Equity Market

19/05/2021

The working group will discuss trading system resilience and functionality, a possible extension of trading hours, and the introduction of holiday trading.

Securities / Derivatives

CSRC Approves China’s First Tradeable Infrastructure REITs

18/05/2021

Five REITs will be traded in Shanghai, while another four will be traded in Shenzhen. The nine projects will raise an estimated CNY 30 billion.

AML / KYC

Former Manager of Sun Life HK Charged for Money Laundering

18/05/2021

The ICAC alleges that the former senior unit manager of Sun Life Hong Kong dealt with crime proceeds totalling over HKD 640,000.

Bank of Thailand Unveils Third Phase of Debt Relief

18/05/2021

The third phase of debt relief measures covers unsecured credit card and personal loans, auto hire-purchase loans, car title loans and mortgages.

Market Infrastructure

APRA Sets Launch Dates for New Data Collection Tool

18/05/2021

The test environment will be available from 17 June and production environment from 13 September. ADIs have to maintain BEAR information in APRA Connect from September.

Market Infrastructure

RBI Enables Private Banks to Conduct Government Business

18/05/2021

Revised RBI guidelines put in place a mechanism for private sector banks to apply for authorisation to conduct government business.

Securities / Derivatives

China Regulators Facilitate Financing Arrangements for Huarong

18/05/2021

The CBIRC has reportedly helped to facilitate the provision of liquidity support to Huarong until August through loans from state-owned banks.

Securities / Derivatives

Tokyo Bourse Plans to Extend Trading Hours – Report

18/05/2021

Longer trading hours are expected to increase participation from overseas investors, as well as local retail investors that trade after work.

Market Infrastructure

HKEX Clears First SOFR-HONIA Cross Currency Swaps

18/05/2021

OTC Clear announced last week that it was launching clearing services for cross-currency interest rates swaps and basis swaps referencing HONIA and SOFR.