Enforcement

Nomura Establishes Internal Team to Probe Archegos Loss

13/04/2021

Nomura has set up the team to look into the bank’s risk management practices. It plans to disclose details of Archegos loss in late April.

ESG / Sustainability

New TSE Chief Eyes ESG Focus In Reorganisation Plan

12/04/2021

Chief executive Hiromi Yamaji says the TSE will urge companies to step up efforts on ESG issues based on their market classification.

Fintech / Regtech

JD Digits to Set Up Financial Holding Company: Report

12/04/2021

The financial holding company will be separate from JD Digits’ other technology businesses, and is aimed at achieving compliance with new rules for China’s fintech sector.

Market Infrastructure

China to Open Foreign Access to Hainan Financial Services Sector

12/04/2021

Foreign FIs will be encouraged to establish joint venture banks with local firms. Foreign investors will be allowed to invest in financial products issued by Hainan FIs.

Securities / Derivatives

Thailand SEC Amends Rules for Capital Market Auditors

12/04/2021

The experience requirement for auditors in the capital markets has been reduced from a minimum of 10 years to seven years.

Market Infrastructure

Shenzhen Stock Exchange Merges Main, SME Boards

10/04/2021

The merger will enable companies to better leverage the capital market for growth and improve overall efficiency, the SZSE said.

CBIRC Reiterates Warning Against Loan Misuse in Property Market

10/04/2021

In Shanghai, 339 million yuan in business and consumer loans has been misused to pay for down payments for homes.

Fintech / Regtech

PBOC Starts Testing Digital Yuan in Hong Kong

10/04/2021

Hong Kong residents participating in pilot tests can use the digital yuan for purchases in Shenzhen.

Market Infrastructure

HoSE Pledges to Launch New Trading System by Year-end

10/04/2021

HoSE will use all available resources to accelerate implementation and make the new system operational within this year.