Sustainable Finance

KRX Admits 20 Brokerage Firms to Carbon Emissions Market

22/12/2021

The addition of the 20 brokerages is expected to stimulate the carbon emissions trading market and facilitate more appropriate pricing of emissions.

Trading & Investment

Taiwan Extends Day Trading Transaction Tax Cut to 2024

22/12/2021

The extension keeps the transaction tax for day trading halved at 0.15 percent, a measure that has been in place since April 2017 and was set to expire on 31 December.

Payments & Settlements

HKMA Directs Banks to Use Name Matching in Fund Transfers

21/12/2021

Banks are directed to perform name matching for fund transfers over HKD 10,000 to reduce the chance of error inputs by customers.

CBDCs

ISSA Explores CBDC Impacts to Post-Trade Settlement

21/12/2021

CBDC is a critical and likely enabler for DLT-based securities settlement and collateral management, with stablecoins providing a possible alternative, the paper says.

Structural Regulation

Bursa Malaysia to Become Approval Authority for ACE Market IPOs

21/12/2021

Under the new regulatory framework, the listing process for ACE Market IPOs has been streamlined to enhance fundraising efficiency for Malaysian corporations.

Trading & Investment

China to Expand Shanghai-London Stock Connect

21/12/2021

Under the proposed rules, the Stock Connect scheme will be expanded to allow participation from companies listed in Shenzhen, Switzerland and Germany.

Trading & Investment

‘SOFR First’ Concludes with Publication of User Guide

21/12/2021

The user guide outlines best practices for transitioning new exchange-traded derivatives activity to SOFR activity in the near term.

DeFi & Web3

Global Regulatory Framework for Crypto Likely Next Year

21/12/2021

Benoît Cœuré said the “wake-up call” for regulators has been the rapid growth of DeFi, as its interconnectedness with traditional finance creates potential systemic risk.

Reporting & Disclosures

TWSE Expands Scope of Sustainability Reporting Rules

21/12/2021

All TWSE listed companies with paid-in capital above TWD 2 billion will mandatorily have to file sustainability reports from 2023 onwards.