Securities / Derivatives

TWSE to Launch New Innovation Board in Q3 This Year

21/01/2021

Companies will be required to meet a market cap threshold of TWD 1.5 billion to list on the new ‘Taiwan Innovation Board’, and profitability requirements will be eased.

Capital / Liquidity

BNM Extends Flexibility to Use Govt Securities to Meet SRR

21/01/2021

Since March 2020, the lower SRR ratio and flexibility to recognise MGS and MGII as part of SRR compliance have released MYR 46 billion in banking system liquidity.

AML / KYC

Financial Crime 2021: Digital ID, Due Diligence, Sanctions

21/01/2021

Last year’s financial crime landscape forced many FIs to rapidly adapt to evolving threats. In the year ahead, a continued focus on risk mitigation is prudent.

Securities / Derivatives

Korea to Require Brokers, Insurers to Enhance FX Risk Management

21/01/2021

Non-banking financial institutions will have to report details about their FX exposures monthly to ensure their FX liquidity remains adequate.

Securities / Derivatives

Japan FSA Opens New Dedicated Office for Foreign Firms

21/01/2021

The new office will handle pre-application consultation, registration and supervision, with all communications available in English.

APRA Issues Second Consultation on Insurance in Superannuation

21/01/2021

Submissions in the previous consultation sought further clarification on the proposed changes, which are aimed at improving member outcomes.

China Allows Nonbank Creditors to Initiate Creditor Committees

20/01/2021

To date, only bank creditors have been allowed to initiate the establishment of creditor committees, while nonbank financial institutions were often excluded.

Securities / Derivatives

Hong Kong, Thailand Agree Mutual Recognition of Funds

20/01/2021

Each Hong Kong or Thai fund approved under the MRF scheme will have to appoint a firm in the other market to serve as its representative.

ESG / Sustainability

FSB Publishes Work Programme for Year Ahead

20/01/2021

The work programme includes initiatives to strengthen NBFI resilience, enhance cross border payments, and address climate change, among other priorities.