Crypto / Digital Assets

Thai Stock Exchange Unveils Three Year Strategic Plan

16/01/2023

The strategic plan focuses on creating more opportunities for businesses and investors and ensuring the SET can accommodate capital market growth.

Market Infrastructure

SEBI Issues New Standards for Handling Stock Exchange Outages

15/01/2023

Outages must be reported within 15 minutes. Updates must be provided every 45 minutes. Trading hours can be automatically extended for other exchanges.

Fintech / Regtech

Thailand Proposes Licensing Framework for Virtual Banks

13/01/2023

Foreign shareholders can own up to 25% of a virtual bank. A BOT waiver raises this to a 49% limit. Three licences will be granted next year.

Market Infrastructure

SEBI to Allow Futures Contracts on Corporate Bond Indices

12/01/2023

Stock exchanges will be allowed to launch futures contracts on indices of corporate debt securities rated AA+ and above.

Crypto / Digital Assets

HK Lawmaker Proposes to Use e-HKD as Stablecoin for DeFi

11/01/2023

LegCo member Wu Jiezhuang says using the CBDC as a government-backed stablecoin will help address virtual asset risks and enhance trust in Web3.

ESG / Sustainability

Philippine SEC Finalises Rules for SRI Funds

10/01/2023

SRI Funds will have to allocate at least two-thirds of their NAV to their sustainable investment objective.

Fintech / Regtech

China’s Crackdown on the Tech Sector Nears Conclusion

10/01/2023

Top regulator Guo Shuqing said supervision of internet platform companies will normalise. Jack Ma has meanwhile ceded control of Ant Group.

Telekom Malaysia Suffers Data Breach, Over 250,000 Users Affected

04/01/2023

The government has instructed Malaysia’s NC4 and JPDP to investigate the breach and take necessary action. Maybank has also launched its own investigation into the breach.

Japan Insurance Gap to Limit LNG Flow from Russia

04/01/2023

Following talks with reinsurers, Japanese insurers can continue offering marine war insurance to LNG carriers in Russian waters until March.