Market Infrastructure

Japan, Shanghai, Shenzhen to Expand ETF Connectivity Scheme

27/01/2021

The exchanges agreed to broaden the lineup of products available under the scheme and to collaborate in other areas including sustainable finance.

Enforcement

Five HK Bankers Charged for Misusing Customer Data to Sell Loans

27/01/2021

Former DBS staffers accepted illegal commissions to obtain confidential customer data for use by sales staff in promoting personal loan business.

Fintech / Regtech

JPX to Launch Learning Environment for Data-Driven Trading

26/01/2021

The new project, known as J-Quants, will seek to help individuals learn about data-driven portfolio analysis and investment methods.

Securities / Derivatives

Taiwan to Punish Foreign Banks for Facilitating Currency Speculation

26/01/2021

The banks helped grains merchants trade in deliverable FX forwards in contravention of foreign exchange regulations.

AML / KYC

Index Providers to Remove More Chinese Firms from Indexes

26/01/2021

MSCI and FTSE Russell say they will remove five more Chinese companies from their global indexes in the absence of further OFAC guidance.

HKMC, MUFG Agree to Cooperate on Infrastructure Financing

26/01/2021

The MoU sets out terms for potential infrastructure loan sales by MUFG to the HKMC, as part of efforts to consolidate Hong Kong’s position as an infrastructure financing hub.

Securities / Derivatives

TAIFEX Obtains CFTC Certification for Biotech Index Futures

25/01/2021

Biotech is the third largest sector by trading value in Taiwan’s stock market. TAIFEX TIP Taiwan BIO Futures can now be offered and sold to US persons.

Tokyo Bourse to Improve Access to Market Data via API Services

25/01/2021

The TSE expects the new API services to enable financial institutions to digitise their business processes and fintechs to create new investment-related information services.

Capital / Liquidity

BIS Launches Second Green Bond Fund, Denominated in Euro

25/01/2021

The fund is part of an initiative to help central banks incorporate environmental sustainability objectives in the management of their reserves and capital.