Fintech / Regtech

RBI to Explore New Regulatory Approach to Digital Lenders

14/01/2021

A new working group has been formed to study the risks of digital lending activities and recommend regulatory changes to enhance consumer protection and data security.

Securities / Derivatives

UPDATED – Tokyo Bourse Sets Launch Date for CONNEQTOR Platform

14/01/2021

The platform has been in development as part of efforts to improve the liquidity of ETFs and improve convenience for institutional investors.

Securities / Derivatives

State Street to Resume Buying Sanctioned Stocks for Tracker Fund

14/01/2021

Two days after State Street said it would not be able to buy shares in US-sanctioned stocks, the company has said it will resume these investments to continue tracking the Hang Seng Index.

Securities / Derivatives

China Enhances Market Maker Rules for Interbank FX Market

13/01/2021

SAFE has lowered the entry threshold for firms looking to participate in market making in the interbank foreign exchange market.

AML / KYC

PBOC Tripled AML Penalties in 2020 Compared to 2019

13/01/2021

Failures to perform customer identification and to report lar-value and suspicious transactions were the most frequent reason for the penalties.

Capital / Liquidity

China to Allow Banks to Dispose of Non-performing Personal Loans

13/01/2021

Banks have reportedly been asked to prepare for a trial programme that will see China’s bad debt managers buy up soured personal loans.

Sanctions

HKMA May Replace State Street as Manager of Tracker Fund

13/01/2021

State Street will no longer be able to buy shares in companies sanctioned by the US, including China Mobile and China Unicom.

ESG / Sustainability

ISDA Catalogues Universe of ESG-related Derivatives

13/01/2021

The derivatives markets can play an essential role in facilitating the transition to a sustainable economy, ISDA says in a new paper.

Market Infrastructure

ORX Launches Central Hub to Facilitate Cyber Risk Management

12/01/2021

The central hub allows cyber and information security risk management professionals to collaborate, exchange ideas and learn from each other’s practices.