Capital / Liquidity

China Launches State VC Fund with New Rules for Tech Investment

29/12/2025

The national fund will deploy patient capital into early-stage hard tech, with new rules on investment size and performance evaluation.

China Ties Guarantee Firm Incentives to New SME Employment Metric

29/12/2025

New rules link re-guarantee credit and fee discounts for financing guarantee firms to a quantifiable employment support index.

Capital / Liquidity

Taiwan Finalises Major Overhaul of Insurer Capital Rules

29/12/2025

New solvency regime from 2026 aligns with global standards, adjusts capital ratios, and introduces measures to ease FX hedging costs.

Enforcement

China Cracks Down on Hidden Debt, Orders Banks to Tighten LGFV Lending

29/12/2025

An official audit has revealed illicit financing practices, prompting new rules for banks and stricter oversight on local government debt.

Securities / Derivatives

Shanghai Exchange Sets Reusability Milestone for Rocket Firm STAR Market IPOs

29/12/2025

New guidelines waive profit rules for commercial rocket firms, requiring at least one successful orbital launch with a reusable rocket.

ESG / Sustainability

Taiwan Sets Phased IFRS Sustainability Reporting Rules for Brokers

29/12/2025

New regulations mandate phased adoption of IFRS Sustainability Disclosure Standards from 2026, including third-party assurance for GHG emissions.

Market Infrastructure

China Launches Nationwide MNC Cash Pool Programme

29/12/2025

The nationwide policy unifies renminbi and foreign currency pools and links foreign debt and overseas lending quotas to a company's net assets.

Securities / Derivatives

China Sets New Rules for Overseas Listing Proceeds, Mandating Repatriation

29/12/2025

The new rules, effective April 2026, require funds raised offshore to be repatriated in principle, with specific account and approval requirements.

Market Infrastructure

Philippines Mandates ISO 20022 for All Retail Payment Systems

29/12/2025

The new rules give financial institutions two years to fully adopt the global messaging standard for domestic and cross-border payments.